German Finance Minister Wolfgang Schaeuble said on Monday issued his own particular brand of “spoiler alert” hours before a closely watched Eurogroup meeting in Brussels, saying Greece can achieve a…
By D. Hatzinikolas
The latest “headache” for Greece’s leftist government, beyond its standing obligations and challenges, is the increasingly changing international and European political landscape, as the scheduled departure of…
Greece’s finance ministry is working on a draft proposal to replace the current property tax (ENFIA) with a new framework that will include all real estate assets in the country,…
By S. Papapetros
Liberalization of the regime affecting mass layoffs in Greece remains the primary “stumbling block” in an agreement between creditors and Athens to conclude the second review of…
By N. Bellos
Preparing the groundwork for a “Yuletide” or even New Year’s agreement to conclude the second review of the Greek program (third bailout) has emerged as the goal…
“No European crisis has left Greece untouched in recent years”, visiting German Foreign Minister Frank-Walter Steinmeier said in Thessaloniki on Sunday, while inaugurating the exhibition “Fragmented Memories 1940-1950”, at the…
Greek Prime Minister Alexis Tsipras was again the target of stinging criticism over the weekend, although this time the source of ridicule was none other than well-known Greek composer Mikis…
Fixed assets belonging to Greece’s armed forces are valued at 33 billion euros, with 25 percent available for “immediate exploitation”, according to the head of a specially created subsidiary to…
German Foreign Minister Frank-Walter Steinmeier arrives on Sunday in Athens for a two-day visit, with several meetings with Greek leadership planned, including with Prime Minister Alexis Tsipras and main opposition…
Well-known US investor and financier Paul Karazian once again re-entered the Greek debt fray with a “bang” over the weekend insisting that his calculations of the country’s debt-to-GDP ratio is…
An unnamed government official referred to “limited” chances of an agreement at Monday’s Eurogroup meeting to conclude the second review of the Greek program, charging that the leftist Greek government…
The first license granted to a private firm to manage “bad debt” portfolios in the country was reportedly granted on Friday to Aktua Hellas, a joint venture established by Spain-based…
A Greek foreign ministry spokesperson on Friday responded to the latest provocation emanating from official Ankara, as Turkish leadership has unveiled an old-styled “nationalist card” in its policy mix over…
A twin “haircut”, retroactive as of July 2016, has been imposed on primary pensions of more than 2,000 euros a month and cumulative social security benefits exceeding 3,000 euros a…
A German Finance Ministry spokesman on Friday confirmed a WSJ report this week reporting a European Stability Mechanism (ESM) document citing various short-term measures for Greek debt relief, mostly measures…
By S. Zisimos
Business activity in Greece remains plagued by sluggish state services, high taxes, red tape and even corruption, a report by the Foundation for Economic & Industrial Research…
Renowned Israeli architect, academic and poet Haim Dotan is in Greece this week until Friday, as he arrived to address an Economist Conference entitled “The Sustainability Summit for southeast Europe and the…
Main opposition New Democracy (ND) continues to field a double-digit lead over ruling SYRIZA party in the latest opinion poll, whose results were announced on Thursday.
Center-right ND has a…
Increasing capacity, reducing vessels’ environmental “footprint” and dealing with the growing complexity of legislation both on the IMO and domestic levels, are the three main challenges facing the global shipping…
By Lambros Karageorgos [email protected]
Shipping analysts assessed that this week’s decision by OPEC members to reduce daily crude oil production by 1.2 million barrels is “neutral” for global ocean-going shipping.…
Three merchant seamen of the reefer vessel “Saronic Breeze” have been abducted by pirates from the Nigerian Delta, after the latter boarded the ship off the coast of Benin.
The…
A portion of imported used vehicles in Greece will be slapped with higher road fees for 2017, with the finance ministry saying the hikes are the result of a harmonization of the…
Azerbaijan’s state energy conglomerate, Socar, on Thursday announced that a collapse of negotiations this week with Athens to finalize its purchase of a majority stake in Greece’s natgas grid operator…
By A. Doga
The inaugural trimester report by the Bank of Greece (BoG) on Wednesday to chart the course for a memorandum-mandated reduction of Greek banks’ “Olympus-sized” mountain of non-performing…
Unemployment in Greece again picked up in August 2016, nearing the one-quarter threshold of the active population, at 23.4 percent, slightly up from 23.3 percent in July 2016, according to…
The Greek foreign ministry issued a statement on Thursday in the wake of yet another challenge to the country’s sovereignty by a top Turkish government official, as increasingly nationalist language…
Greek Prime Minister Alexis Tsipras spoke by phone late Thursday morning with German Chancellor Angela Merkel, a press release from the former’s office revealed.
EU-Turkey relations, the recent developments on…
Some 27.6 of Greek businesses surveyed in a recent study that cited overdue debts and lower turnover in the first half of 2016 reported that they face the specter of…
A powerful blast badly damaged a sandwich shop in central Athens’ Victoria square on Thursday morning, with six people injured and one person’s fate unknown.
No information was given on…
Tax revenue as a percentage of Greece’s GDP grew by one percentage point to 36.8 percent in 2015, up from 35.8 percent in 2014, the Organisation for Economic Co-operation and…
