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“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 lkar@naftemporiki.gr 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…

The WSJ on Wednesday reported that the European Stability Mechanism (ESM) has already prepared a written proposal eying a reduction in Greece’s debt load by 20 percent through far-off 2060.…

Talks for the privatization of 66-percent of Greek natgas grid operator DESFA have broken off between the Greek government, which controls the utility, and representatives of Azerbaijan’s state-run Socar and…

By N. Bellos A top Eurozone official on Wednesday predicted that a comprehensive agreement for the ongoing Greek program is possible by the end of the year, but increasingly difficult…

Three Greek fire-fighting planes (CL-415) returned to Greece this week after participating in efforts to extinguish a series of wildfires that erupted in Israel over the past week. Following a…

Greece has successfully passed its review for implementation of the Standards of Training, Certification and Watchkeeping for Seafarers ’78 international convention, thereby remaining on the IMO’s confirmed states list. The…