A decades-old project to completely connect the Cyclades islands – a handful of which are internationally renowned tourist destinations – with the mainland’s power grid will finally materialize early next…
A former ruling SYRIZA party deputy minister and current Parliamentary spokesman dramatically stirred the already “troubled waters” of Greek politics by proposing a “substantive” debate on the national currency.
MP…
Ryanair is reporting a record number of reservations for flights into and out of Athens’ Eleftherios Venizelos International Airport for the coming summer season.
On the heels of its robust…
British Airways on Tuesday announced a new direct flight from London City Airport to the Sporades holiday island of Skiathos for the upcoming 2017 summer season.
Three flights a week…
By Vassilis Kostoulas [email protected]
“The ball is in Greece’s court” is the phrase used by a source close to the Eurogroup’s presidency this week, in describing the impasse now blocking…
By N. Bellos
The European Commission has apparently assumed the role of distant “mediator” in the ongoing impasse over the Greek program, given the latest leaks out of the IMF…
Two-thirds of the prior actions demanded by creditors from the leftist Greek government in order for the latter to sign-off on the next bailout loan tranche have not been implemented,…
Βy A. Tsiblakis [email protected]
Initial booking information for the coming tourism season in Greece appears highly positive, as practically every “traditional” tourist market is showing signs of increased interest.
For…
European Stability Mechanism (ESM) Managing Director Klaus Regling on Monday said whatever upcoming bailout loan tranches to be disbursed to Greece depend on the IMF’s decision to participate in the…
By T. Tsiros
The finance ministry’s general director for fiscal policy told “N” this week that the Greek state’s memorandum-mandated primary budget surplus for 2016 may hover at 2 percent…
Honorary Piraeus Bank chairman Michalis Sallas, one of Greece’s best known banking executives, has emerged as a strategic investor in the Pancretan Cooperative Bank, following a completion of mandatory audits…
The Greek government on Monday again dismissed the notion that it will seek to pass a new round of austerity measures demanded by institutional creditors via a greater majority (180…
Moody’s on Monday joined the growing number of sirens warning of negative developments for the Greek economy due to continued delays in completing the second review of the Greek program…
By F. Zois
A mid March 2017 date is the latest given for completion of the transfer of 14 regional airports around Greece to the German-Greek consortium Fraport-Slentel, as a…
The European Stability Mechanism (ESM) continued to express a mostly confident tone regarding the Greek program this month, with an official quoted by AFP saying there is no reason to…
By M. Papaconstantinou
Political developments in crisis-battered Greece are again revolving around an orbit of uncertainty, as the leftist-rightist coalition in power appears wholly frustrated in negotiations to complete a…
Cash in recession-batted Greece stored “under the mattress”, as the well-known adage goes, is apparently not returning to bank vaults, but is instead increasingly used to pay for higher tax…
It was bound to happen at some point, the point where digital technology meets up with renowned Grecian beach culture. True to form, the Marketing Greece agency recently announced that…
A report by several Turkish-language media early Sunday afternoon that Turkey’s military chief attempted to approach a pair of rock islets in the eastern Aegean was later partially confirmed by…
Another 58 people landed on a pair of eastern Aegean islands between Thursday and Sunday morning after arriving from the opposite Turkish coast, Greek authorities reported.
The individuals, either identified…
The International Monetary Fund (IMF) is reportedly tacking on more conditions in order to participate in the ongoing, and now sputtering, third Greek bailout program, according to Athens daily “Kathimerni”,…
Greece’s largest employers’group, SEV, this week unveiled nine proposals for jump-starting the crisis-plagued Greek economy, what it euphemistically called a «Greek memorandum-Plus».
The proposals by the Federation of Hellenic Enterprises…
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Friday evening said the possibility of snap elections in crisis-battered Greece is high — either because the SYRIZA-led coalition will lose…
Main opposition New Democracy (ND) party ramped up its criticism of the ruling SYRIZA government and again called for snap elections, hours after an indecisive Eurogroup meeting on Thursday that…
Daimler Benz’s subsidiary MyTaxi is reportedly close to a deal to purchase the Athens-based company Taxibeat, the developer of an application for customers wanting to hire a cab.
“N” contacted…
Official Athens reacted on Friday in the wake of a crescendo of criticism by the Erdogan-dominated government in Turkey, a day after Greece’s Supreme Court ruled against the extradition request…
Parliament’s Budget Office on Friday warned of an absence of figures and data that allow for conditions leading to a strong economic recovery in Greece.
The warning was expressed in…
By V. Kostoulas
Former Greek finance minister Nikos Christodoulakis, who guided the then Simitis government’s economic policy during Greece’s entry into the inaugural Euro zone in 2002, this week called…
By T. Igoumenidi
An association representing agronomists and engineer/surveyors in the country this week warned that a government initiative to create yet another state-run entity, which will include the still…
By N. Bellos [email protected]
No substantive progress was reported at Thursday’s Eurogroup meeting towards jumpstarting negotiations aimed at concluding the now delayed second review of the Greek program (third bailout),…
