The Hellenic Bank Association (HBA) on Friday reported an increase in Greek bank deposits last year by 4.2 billion euros, although the yearly gain paled before losses in the previous…
Greek Prime Minister Alexis Tsipras on Friday used the informal EU summit in Malta as a platform to warn of “increased provocations and military activity in the Aegean by Turkey”,…
The Hellenic Banking Association (HBA) on Friday released an extensive study focusing on Greece’s crisis-battered banking sector, a year and a half after capital controls were first imposed in the…
By M. Papaconstantinou
Parliament President Nikos Voutsis told “N” this week that there is no “difference of opinion” between the leftist SYRIZA-led government coalition and increasingly embattled Finance Minister Euclid…
A battle of “communiqués” erupted late this week between the leftist government and the center-right main opposition, with the latter on Friday charging that it was Prime Minister Alexis Tsipras…
A report this week by PWC calculates revenue from privatizations in Greece, between 2011 to 2016, at a paltry 3.4 billion euros, with the best years being 2011 (1.16 billion…
The Hellenic Federation of Enterprises’ (SEV) weekly bulletin warned of a continuing decrease in incomes with a simultaneous increase in consumption in Greece, saying this is a major risk to…
Greek Finance Minister Euclid Tsakalotos on Thursday confirmed that “only one-third” of a deal to conclude a delayed second review of the Greek program remains to be resolved, via negotiations,…
Beyond conveying the European Commission’s best wishes for a conclusion of the delayed second review of the Greek program as soon as possible, a spokeswoman in Brussels on Thursday told…
Turkish Foreign Minister Mevlüt Çavuşoğlu on Thursday kept up the recent verbal flare-up between Athens and Ankara over two rocky islets in the eastern Aegean in the headlines, calling on…
Energean & Oil Gas this week announced that it has contracted with TechnipFMC for the design of installations to develop the Israeli off-shore natural gas deposits “Karish” and “Tanin”. …
Refusal by the Greek Parliament’s president, Nikos Voutsis, on Wednesday evening to allow Finance Minister Euclid Tsakalotos to respond to criticism against him by the main opposition leader sparked heightened…
By G. Sakkas [email protected]
Investments of all types in Greece over 2016 fell to 13 percent of GDP, significantly down from the average of 24 percent recorded during the “boom…
Another two VLCC tankers are being added to the Olympic Shipping fleet, the company owned by the Onassis Foundation.
The two massive tankers were previously managed by Metrostar Management, owned…
The first NOME electricity auctions of the year in Greece were held on Tuesday at a hectic pace, with the final price closing at just over 41 euros per Megawatt,…
A Parliament debate on Wednesday over bank loans to political parties and mass media quickly deviated into the now burning issue of the delayed second review of the Greek program…
The head of the Greek Shipping Cooperation Committee in London, better known as simply the “Committee”, this week again warned that any change in the shipping sector’s institutional framework will…
By S. Zisimos
[email protected]
The first results over January 2017 are negative in terms of business openings and closings, with the latter exceeding the former.
Specifically, figures supplied by the…
Another round of tension was reported on Wednesday in the air over a specific region in the eastern Aegean that nearly caused a military flare-up between Greece and Turkey —…
Greek Prime Minister Alexis Tsipras held a scheduled phone conversation with German Chancellor Angela Merkel on Wednesday, a day before the German leader is set to officially visit Turkey.
According…
European Stability Mechanism (ESM) managing director Klaus Regling on Wednesday again referred to the delay-fraught Greek adjustment program, saying Greece was a “special case”, during his comments before a relevant…
European Stability Mechanism (ESM) managing director Klaus Regling on Wednesday again referred to the delay-fraught Greek adjustment program, saying Greece was a “special case”, during his comments before a relevant…
A newly passed legal provision obliges store owners to place a sign in a visible location near their cash registers in order to inform consumers whether or not they are…
An administrative first instance court in Athens on Wednesday ruled that the continued detention of eight Turkish servicemen, who have requested asylum in the country, is legal, essentially approving of…
By T. Tsiros [email protected]
A closely watched IMF executive board meeting on Feb. 6 — set to focus directly on the Greek program — will reportedly reveal the very public…
Thirty people, mostly young men, were arrested by police overnight in the wake of a melee that broke out on a stretch of coastal highway south of Athens known for…
HSBC refers to positive signs at the recent Jan. 27 Eurogroup that Athens could conclude a now delayed second review of the Greek program at the coming Eurogroup meeting on…
By G. Palaitsakis [email protected]
The government this week unveiled a proposal to replace the current property tax with a more expansive “asset tax”, which will ostensibly include all real estate…
Government circles reacted curtly on Tuesday evening to a previous day’s report by Bloomberg claiming that two-thirds of prior actions demanded by Athens to conclude the now delayed second review…
A latest opinion poll surveying the Greek political scene, released on Tuesday evening, again shows a double-digit lead for the main opposition New Democracy (ND) party over ruling SYRIZA, although…
