Arrears owed to the Greek state are dramatically increasing, figures supplied by relevant directorate at the finance ministry showed this week, with taxpayers that owe money to the state increasing…
Another round of violence between groups of Mideast war refugees and irregular migrants at a cramped “hotspot” on the eastern Aegean island of Lesvos was reported overnight, with five minors…
The head of Eurobank, one of Greece’s four systemic banks, on Monday was quoted by Reuters as calling for an “effective solution” to the growing and massive “mountain” of debt…
Greek government deputy prime minister Yiannis Dragasakis was quoted over the weekend as saying that retaining high primary budget surplus targets, as a percentage of GDP, is “socially impossible and…
A 20-year-old British woman vacationing in the Lagana resort area on Zakynthos island was left blinded and suffering kidney failure after reportedly consuming large quantities of bootleg alcohol.
The victim,…
A Russian-flagged tanker was boarded and inspected by Greek coast guard officers last week after information reached authorities alleging possible violations of EU sanctions against Syria.
The vessel, identified as…
By V. Kostoulas
A drop in the value of Greek exports in the first half of the year, which aggravated an already recession-plagued economy, has been mostly attributed to still…
European partners reiterated at every turn last week that guaranteeing the credibility of data provided by Greece’s statistical service (EL.STAT) to its European counterpart, Eurostat, is imperative.
On Friday, it…
An agreement between the Sklavenitis super market group and lenders was signed on Saturday for a 360-million-euro financing package that will allow the former to purchase the shares and operation…
Greece’s beleaguered top-tier football league will begin next weekend, after a two-week delay, following a conclusive meeting on Friday between club presidents and the relevant deputy sports minister.
The development…
By T. Igoumenidi
A proposed draft bill slated for public debate will reportedly feature reduced fines and penalties for owners of illegally built structures that want to register and legalize…
The Eagles of Death Metal group will play one concert in Greece on Sept. 7 at a venue in south-central Athens, 10 months after the band’s concert in Paris last…
Greek Prime Minister Alexis Tsipras on Friday promised to funnel a major portion of the 246 million euros his government expects to receive from the auction of four national television…
The current state and prospects for the crisis-battered Greek banking system was, as expected, as the center of talks in Frankfurt on Thursday between Danièle Nouy, who chairs the ECB’s…
Nearly 250 million euros in offers for four nationwide television licenses was the result announced by the Greek government in the early morning hours of Friday, after a grueling 70-hour…
International Monetary Fund Managing Director Christine Lagarde repeated on Thursday that the Fund is “not ready” to participate in what she called the “latest version” of the Greek bailout.
Lagarde…
Eurobank’s weekly economic bulletin points to a slackening of exports and consumption as leading to a drop in real GDP in Greece in the second quarter of 2016, yoy.
According…
Greek exports for the first half of 2016 dropped to 2012 levels, yet another negative indicator on the road to economic recovery.
According to the president of the exporters’ association…
The Greek alternate finance minister on Thursday signaled the leftist Tsipras government’s full acceptance of figures and data supplied by the country’s semi-autonomous statistics bureau to Eurostat.
Speaking in Parliament,…
Roughly 20 percent of supplementary pensions in Greece will be cut, as “N” previously reported, with decreases ranging from 8 to 10 percent, and with implementation coming on Thursday, the…
The Greek state on Wednesday auctioned off a six-month T-bill issue worth 1.137 billion euros.
The finance ministry announced that bids submitted during the auction were 1.3 times more than…
Net profits for Greece-based cosmetics manufacturer Korres increased by 91 percent in the first half of the year, yoy, reaching 2.2 million euros, up from 1.1 million euros in the…
The Public Power Corp., Greece’s dominant power provider, on Wednesday announced that it will sign a MoU with the Chinese company CMEC for the construction of a second lignite-fired unit…
A unique theatrical performance will be staged Saturday afternoon in the remnants of the ancient theater on the Cyclades isle of Delos, an uninhabited outcrop that nevertheless serves as one…
The Greek state is continuing to reduce arrears towards the private sector, with 200 million euros reportedly ready to be disbursed to pharmaceutical companies by the national health care provider,…
The Greek state is continuing to reduce arrears towards the private sector, with 200 million euros reportedly ready to be disbursed to pharmaceutical companies by the national health care provider,…
By S. Papapetros
Disbursement of September’s supplementary pensions is due to begin on Friday with the second and biggest wave of cuts applied amid a recalculation of all auxiliary social…
By T. Tsiros
The leftist Greek government’s designs for short-term debt relief in the coming months has reportedly run into a stern “nein” by the German side, according to reports…
By S. Emmanouil
Duty- and tax-free shopping in Greece dropped by 18.54 percent over the first seven months of 2016, in comparison with the corresponding months in 2015, primarily due…
A Turkish national who was detained for illegally entering Greece has reportedly requested political asylum, claiming he is being persecuted by the current Turkish government.
The report was circulated by…
