Another court battle between the European Commission and the Greek state over the problematic Skaramangas shipyard may provide the impetus for resolving the equally simmering dispute between the former and…
The prospect of relocating the one and only Athens-area casino to another location from its current mountain-top site, where it has operated since the 1960s, is judged as imperative by…
The Greek citizen among the nine victims in Friday’s shooting spree in Munich hailed from the Muslim minority in the northeast province of Thrace. The name of the 17-year-old teenager…
The current year is expected to witnessed the peak ratio between public debt and Greek GDP, with the figure estimated to reach 182 to 183 percent of GDP.
Nevertheless, the…
The government scored a Pyrrhic victory this week in passing a bill making Greece’s election system more proportional representational, by eliminating a 50-MP “bonus” awarded to the “first-past-the-poll” party in…
By S. Papapetros
A report by Greece’s relevant labor ministry towards an experts’ committee reveals a dramatic shrinkage of wage-earners’ incomes between the 2010-2015 period due to the recession, an…
The Greek government on Friday relaxed capital controls in the country, a little more than a year after the measure was imposed to prevent a “bank run” in the wake…
US Treasury Secretary Jack Lew’s lightening visit to Athens on Thursday had practically all the elements that the leftist Greek government could ask for, namely, promises of debt relief and…
Turkish Foreign Minister Mevlut Cavusoglu on Friday again called on the Greek government to hand over eight Turkish military cadres that have asked for political asylum in the country after…
The relevant Greek labor minister this week cited three primary axes over which negotiations with institutional creditors, specifically on the latter’s demands for labor sector reforms, will revolve this autumn.…
Eight Turkish military officers and NCOs that fled to Greece aboard an army helicopter early Saturday issued a joint statement on Thursday, moments after they were handed down a two-month…
The Bank of Greece on Thursday announced that the current account showed a deficit of €412 million in May 2016, up by €272 million year-on-year.
According to the BoG, “this…
The leftist Greek government appears unwilling to withdraw draft legislation amending the framework for natural gas tariffs in the country, despite a warning by Azerbaijan’s state-run Socar that possible changes…
By Alexander Kritikos*
When comparing Greece with similarly sized Eurozone states, such as Finland, the Netherlands, or Belgium, an important difference becomes clear: these economies are driven by innovation and…
Visiting US Treasury Secretary Jack Lew offered encouraging words to his Greek hosts on Thursday, during a lightning visit to Athens and talks with Greece’s leadership.
After successive meetings with…
The Greek parliament’s budget office on Wednesday dampened optimistic predictions over an immediate return to growth by the Greek economy in the second half of the year, predictions that were…
By A. Doga
The retirement of long-time Piraeus Bank chairman Michalis Sallas on Wednesday marked a milestone in the Greek banking sector, as the latter ran the bank since 1991…
Sources at the Greek defense ministry on Wednesday evening denied press reports out of Turkey claiming that Turkish warplanes were closely monitoring two Turkish coast guard vessels in Greek territorial…
US Treasury Secretary Jack Lew’s official visit to Athens on Thursday coincided with his published comments calling for Greek debt relief, something he said becomes even more important amid the…
Piraeus Bank executive chairman of the board Michalis Sallas on Wednesday resigned from the credit institution’s board. He was later declared the bank’s honorary chairman during an extraordinary board of…
Piraeus Bank executive chairman of the board Michalis Sallas is set to resign this week from the credit institution’s board, according to reports in the Greek capital on Wednesday. An…
By Dimitris Hatzinikolas
A decision by the ultra-nationalist Golden Dawn (Chryssi Avgi) party to abstain from Thursday’s vote in Parliament over a contentious draft bill envisioning election law changes…
By F. Zois
Italy’s Ferrovie dello Stato (FS) wants to significantly boost passenger and freight traffic on rail operator Trainose’s network and is reportedly willing to back up its upcoming…
The port of Piraeus is posting an increase of 14 percent this year in the number of cruise ship passengers that transit through home-ported vessels.
According to the management of…
Greece’s first “export” is none other than human resources, or what critics refer to the infamous “brain drain”, results of a study presented by Endeavor Greece appear to show.
The…
Deliberations are ongoing to establish a “common front” by the Greek side – government, labor unions and employers’ groups – ahead of negotiations with institutional creditors over closely watched labor…
A new international tender for the state-run rolling stock maintenance provider, known by its English-language acronym of Rosco, may be announced this week, roughly a week after a previous tender…
By F. Zois
Unions representing rail workers in Greece on Monday opted to end industrial actions, almost four months into a spiral of strikes and work stoppages against privatization in…
Institutional creditors on Monday evening reportedly gave the “green light” to a request by the finance ministry and the Bank of Greece (BoG) for a relaxation of capital controls in…
EU economic affairs commissioner Pierre Moscovici on Monday told reporters in Athens that the Union and Greece should conclude negotiations over debt relief by the end of the year, in…
