“The institutions briefed the Eurogroup on the second review of the economic adjustment programme, following their review mission to Athens in December.
The Eurogroup urged the Greek authorities and the…
The Greek debt, under present conditions, is not sustainable, according to an IMF study, Greece’s state-run television broadcaster reported on Thursday evening.
The same report claims the IMF has judged…
New European Parliament president Antonio Tajani found himself smack in the middle an obscure – by current global standards – political quagmire this week after statements he made last February…
By N. Bellos
Institutional creditors are apparently insisting on the “pre-emptive” legislation of austerity measures after 2018, a standing demand by the IMF – primarily – in order to guarantee…
European Commission vice-president Valdis Dombrovskis said an agreement at Thursday’s Eurogroup meeting to unblock negotiations for a second review of the Greek program (third bailout), and to ensure the IMF’s continued participation…
Greece’s supreme court on Thursday ruled against an extradition request by Turkish authorities for eight Turkish servicemen that fled to Greece last July and subsequently requested political asylum, all in…
Capital Ship Management has added the newly built aframax tanker Aristoklis, manufactured at Korea’s Daehan Shipbuilding, to its fleet.
The Ice Class vessel is listed at 112,800 dwt and is…
The state-run mass transit authority in the greater Athens area (OASA) on Thursday announced that the Omonia metro station, along with the Larissis and Dafni stations, will be closed on…
By Natasa Stasinou [email protected]
Saxo Bank’s head of commodity strategy told “N” this week that initial indications show that 2016’s market rally, after a five-year slump, will continue into 2017.
Veteran trader…
Yet another Eurogroup meeting with momentous impact on the Greek program will take place on Thursday, in the shadow of a once-again delayed review of the ongoing bailout program.
The…
Greece’s central banker again called for the immediate implementation of reforms in the crisis-battered country, speaking during an event in Athens on Wednesday to present a report by the EBRD…
A Bank of Greece (BoG) this week unveiled a report calculating that roughly one-third of disposable income in Greece has evaporated since the first quarter of 2010, when the economic…
The Greek government spokesman more-or-less echoed Greek Prime Minister Alexis Tsipras latest “red line” this week, namely, a refusal to enact more austerity measures.
“There is no chance that we’ll…
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Wednesday referred to an “unprecedented regression” in the country over the past two years, speaking to members of his party’s political…
By N. Bellos
Feb. 20 is the latest date now being cited as the deadline for concluding the now delayed second review of the Greek program (third bailout), with a…
Greek Prime Minister Alexis Tsipras promised not to take “even one euro” more of austerity measures to meet with creditors’ latest demands, speaking to an Athens daily this week, on…
Receipts, even ones from electronic transactions, will be included in an invoice / receipts “lottery” envisioned by the finance ministry in a bid to combat tax evasion in the country…
By T. Tsiros
Greece’s finance ministry collected 3.988 billion euros more in taxes over 2016 than it did in 2015, possibly the low point in the economic crisis that has…
By F. Zois
Greece’s economic meltdown continues to exert a massive impact on the country’s society, with 67.7 percent of young adults queried in a recent study declaring that they…
By F. Zois
Greece’s economic meltdown continues to exert a massive impact on the country’s society, with 67.7 percent of young adults queried in a recent study declaring that they…
By S. Zisimos
The number of businesses and self-employed professionals that will be eligible for an out-of-court procedure to settle arrears towards banks, the state and pension funds will be…
Greece’s finance ministry announced a 4.437-billion-euro primary budget surplus for 2016, exceeding a 2.270-billion-euro figure for 2015 and a goal of 1.983 billion.
Net revenues reached 54.038 billion euros, up…
Outspoken Greek defence minister Panos Kammenos, the leader of the junior partner in the current coalition Tsipras government, on Tuesday again took aim at Germany, saying the EU partner is…
By D. Hatzinikolas
The relevant Greek government spokesman on Tuesday said Athens’ proposal for an extension of an automatic spending cuts mechanism only refers to an additonal year after 2018,…
EU Commissioner Pierre Moscovici on Tuesday appeared to lower expectations for a breakthrough at Thursday’s Eurogroup meeting regarding the now delayed second review of the Greek program (third bailout).
Speaking…
Emirates this week announced a new daily service from Dubai to Newark Liberty International Airport, via a stopover at the Athens International Airport, beginning on March 12, 2017.
According to…
Greek Finance Minister Euclid Tsakalotos is expected to add details to his letter to creditors — sent this week — ahead of the Eurogroup meeting on Thursday, according to sources…
By N. Bellos
Intense negotiations but without the necessary progress towards overcoming obstacles blocking the second review of the Greek program is the way one top EU source on Monday…
The European Commission on Monday merely reiterated that it wants a second review of the Greek program (third bailout) completed as soon as possible, with the relevant statement coming amid…
The president-designate European Community Shipowners’ Associations (ECSA), Panos Lascaridis, late last week thoroughly decried what he called certain “quarters within the EU” that are trying to implement regional measures in…
