The head of Athens’ first instance courts on Monday overturned a previous temporary ruling rejecting a motion to unblock a bank account held by the Lambrakis Press Group (DOL), by…
By N. Bellos [email protected]
The European Commission on Monday revised, upwards, its forecasts for Greek economic growth in 2016, while confirming that the recovery will continue in 2017 — but…
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis’ two-day visit to Berlin, for talks with German leadership, was featured in a front-page article in Monday’s Sueddeutsche Zeitung, where the latter…
By F. Zois [email protected]
A final agreement between all three sides involved in the concession for 14 regional airports around Greece — the Greek state, the German-Greek consortium that won…
Some 1,000 hoteliers attending the annual general assembly of the Hellenic Chamber of Hotels on Friday in central Athens enthusiastic greeted a proposal by the chamber’s president towards the relevant…
Some 72,000 residents in the Thessaloniki-area Kordelio district were being evacuated on Sunday from a perimeter 1,900 meters around where a WWII-era bomb was discovered.
An effort to neutralize the…
European Commission President Jean-Claude Juncker on Saturday once again engaged in “damage control” to allay yet another impasse bedeviling a Greek bailout, telling German radio that the program could collapse…
By D. Alexaki
A last-ditch rescue and restructuring plan for troubled the troubled supermarket retailer Marinopoulos cleared another hurdle on Friday after a ruling by a three-judge first instance court in…
Greek shipping interests, foremost among Europe’s maritime shipping blocs, stepped up pressure on the EU this month to agree that the International Maritime Organization (IMO) is the best and foremost…
By N. Bellos & T. Tsiros
Representatives of institutional creditors will reportedly return to Athens this coming week for renewed negotiations with the Greek government to finally conclude a…
A meeting in Brussels between high-ranking representatives of Greece’s institutional creditors with a Greek delegation led by Finance Minister Euclid Tsakalotos ended just before 8 p.m. local time.
According to…
A meeting between creditors’ representatives and the Greek side, led by Finance Minister Euclid Tsakalotos, began at 4 p.m. Brussels time on Friday, with the former including Jeroen Dijsselbloem, Klaus…
Developments regarding the stalled Greek bailout program were accelerating in Brussels on Friday, with Eurogroup chairman Jeroen Dijsselbloem telling Bloomberg that no agreement the same day will mean “… we…
European creditors and the IMF will reportedly present a “common front” on Friday ahead of an urgently scheduled meeting in Brussels to deal with the yet again delayed and gasping…
Greek Finance Minister Euclid Tsakalotos will travel to Brussels on Friday for a previously unscheduled meeting with the heads of the country’s creditors – what the leftist government calls the…
Legislation of “precautionary measures” in the present is a condition for conclusion of the now delayed second review of the Greek program (third bailout), a Eurozone official stressed on Thursday…
The Greek government is reportedly ready to announce the first 12 sectors where electronic transactions will be mandatory, part of an ongoing effort to curb widespread tax evasion VAT avoidance…
Greece-based Gastrade S.A. this week announced a finalization of the sale of a 20-percent of its share capital to GasLog Ltd.’s (NYSE: GLOG), with the latter now a shareholder in…
The leftist Greek government has apparently precluded the possibility of Thursday’s EWG meeting in Brussels producing a breakthrough towards concluding the now delayed second review of the Greek program, as…
Low-cost air carrier Condor this week announced direct flights from Thessaloniki to Frankfurt for the upcoming summer season, up until late October 2017, with flights on Tuesdays and Fridays.
Thessaloniki…
By L. Karageorgos [email protected]
Greek lender Eurobank this week confirmed that a strategic investor has emerged to take over the management of the Capsis Hotel in Thessaloniki, with all of…
Two of Greece’s top economic policy-makers, Finance Minister Euclid Tsakalotos and Bank of Greece (BoG) Governor Yannis Stournaras, this week expressed disagreements with findings cited in the IMF’s released report…
By N. Bellos
Thursday’s EWG meeting in Brussels is not expected to lead to any agreement over the now dangerously delayed second review of the Greek program, nevertheless, it could…
International Monetary Fund (IMF) Managing Director Christine Lagarde on Wednesday defended the Fund’s recent report on the Greek economy and its debt sustainability, saying it tried to be a “ruthless…
By A. Doga [email protected]
Electronic transactions in Greece have skyrocketed since the imposition of capital controls in late June 2015, with contact-less transactions recording the most impressive increase.
Over the…
Eurogroup chairman Jeroen Dijsselbloem on Wednesday added yet another variable to the increasingly complex negotiations concerning the Greek bailout, saying the Netherlands will not be able to continue in the…
The German-Greek consortium Fraport Greece will officially take over the management of 14 regional airports around the country on March 14, a landmark privatization agreement in the country that’s expected…
By A. Tsimplakis [email protected]
Shipyards in the Perama district and the island of Salamina, part of the greater Piraeus area’s shipbuilding zone, are reporting brisk sales of new “Ro-Ro” ferries,…
By S. Zisimos [email protected]
Greek Economy Minister Dimitri Papadimitriou this week expressed his confidence that the now delayed second review of the Greek program (third bailout) will soon conclude.
In…
French cosmetics giant L’ Oreal will reportedly proceed with more information over a possible “major investment” in Greece, all in the wake of a disclosure of a previously unannounced meeting…
