Circles close to Chinese shipping giant Cosco told “N” this week that the state-affiliated and Shanghai-based multinational will invest 250 million euros more than foreseen in a recently ratified concession…
By N. Bellos
A fiscal “sword of Damocles”, which hangs over Greece’s finances in the form of an automatic spending cut mechanism, will mostly affect public sector wages and pension…
The one-year anniversary of a snap referendum (July 5, 2016) in Greece didn’t go unnoticed by German media this week, with extensive reports from the Greek capital and on the…
The Greek state’s privatization fund, TAIPED, on Wednesday announced that a single binding bid was submitting for a 100-percent stake in Trainose, the state-run company that still comprises the only…
Greek Defence Minister Panos Kammenos on Wednesday told members of a relevant Parliament committee that his ministry has fielded an offer to commercially exploit an islet in the Saronic Gulf,…
The trio comprising the executive committee of the Hellenic Financial Stability Fund (HFSF) resigned on Wednesday, a development that had been expected over the recent period.
The tendered resignations are…
Ten activists from a self-styled anti-state group on Wednesday briefly occupied the counter of Israeli carrier EL-AL at the Athens International Airport, where they raised a banner of protest before…
Greece’s Court of Audit, which is responsible for auditing major state-affiliated contracts, on Tuesday, approved the procedure by which the Helleniko site in coastal southeast Athens was transferred as part…
Greek Prime Minister Alexis Tsipras commented via Twitter, from faraway China no less, on the one-year anniversary Tuesday of a 2015 snap referendum he announced to ask voters to whether…
Main opposition New Democracy (ND) party on Tuesday demanded the convening of a Parliament committee of inquiry to investigate claims by Austin-based economist James Galbraith Jr. regarding the period before…
The Bank of Greece on Tuesday announced that in May 2016, the overall weighted average interest rates on new deposits and loans remained almost unchanged. The interest rate spread between…
A 24-hour strike was called for Wednesday by unions representing Athens-area train and metro transports, including the service connecting the Athens International Airport.
The strike will also affect the…
Main opposition New Democracy (ND) party on Tuesday demanded the convening of a Parliament committee of inquiry to investigate claims by Austin-based economist James Galbreath Jr. regarding the period before…
For high-flying Qatar Airways, Athens is one of its primary markets in Europe, a continent where the company is constantly increasing its presence and market share by offering flights to…
Greek Finance Minister Euclid Tsakalotos on Monday evening said a process of loosening still imposed capital controls in the country is “constant”, and that gradual measures are being taken to…
Conclusion of a landmark deal finally transferring the Piraeus Port Authority to Chinese shipping giant Cosco has apparently “whetted the appetite” of Greece’s leftist government, which wants to achieve a…
By N. BellosThe European Commission on Monday confirmed that is has commenced a preliminary procedure against Greece over envisioned changes in the broadcasting framework in the country, considering that…
Finance ministry officials have sounded warning bells over the prospect of outstanding debts towards the tax bureau reaching 95 billion euros by the end of the year, up from the…
European Commission vice-president Maroš Šefčovič discusses the TAP pipeline project, Greece’s state-run Public Power Corp. and Independent Power Transmission Operator (IPTO or ADMIE) as well as the Energy Union, which he…
The elderly co-founder of a major fuel retailer in Greece facing bankruptcy apparently shot himself in the head on Sunday.
Police ruled out foul play in the death of Jet…
Scrapping of container ships has tripled over the first five months of 2016 compared with the same period in 2015, according to figures released by Bimco.
The trend merely confirms…
Less bank branches but more bank employees, bucking a downward trend over the past few years, were recorded in Greece for 2015, according to figures released by the European Central…
More and more one-time “heavyweights” of Greece’s retailing sector are now waiting outside the bankruptcy section at Athens’ first instance court to seek protection from creditors.
The latest and most…
Greek Prime Minister Alexis Tsipras begins a five-day official visit to China on Saturday, as his leftist government is banking heavily on continued strategic interest by Beijing, especially on the…
Ocean-going shipping has witnessed tremendous strides in technological advances over the recent decades, transforming an all-important sector once considered a “blue-collar” and “old guard” domain into an increasingly advanced form…
Βy A. Doga
A recent change in the board of directors of the Hellenic Financial Stability Fund (HFSF), which generated criticism of “abruptness” by local circles, was the reportedly behind…
By I. Zafolia
June 2016 was a particularly negative month for the Athens Stock Exchange (ASE), as it lost 7.3 billion euros in value, or 16.2 percent.
The biggest losses…
A draft bill containing the concession contract transferring the Piraeus Port Authority (OLP) to Chinese shipping giant Cosco was passed by a large majority of MPs in Parliament on Thursday…
By Antonis Tsiblakis
The Greece-based subsidiary of Chinese multinational Cosco has reportedly accepted a series of amendments to a draft bill containing the ratifying agreement for the transfer of the…
By G. Kouros
The finance ministry on Thursday published the dates when special tax duties will go into effect for landline phone bills and hotel overnight stays, with the former…
