European Stability Mechanism (ESM) managing director Klaus Regling on Wednesday echoed the most recent statements by other top European leaders in recent days to emphasize that the Greek government must…
European Stability Mechanism (ESM) managing director Klaus Regling dampened hopes in Athens on Tuesday of lower primary budget surplus targets after 2018, when the current third bailout is due to…
An ongoing probe by a Competition Committee in Greece, a semi-autonomous watchdog entity, into allegations of a public works cartel by domestic and foreign construction companies could lead to a…
A strike affecting cruise ship services at the port of Piraeus has ended although delays remains with the loading and off-loading of cargo at the Piraeus and Thessaloniki Port Authorities…
Renowned former grandmaster Garry Kasparov, one of the highest ranked chess player of all times, was in the northern port city of Thessaloniki on Tuesday for a simultaneous four-match –…
Greek Prime Minister Alexis Tsipras pointed to a need for improved labor relations in the recession-battered country and restoring collective bargaining agreements, during an address to an employers’ and industrialists’…
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Tuesday promised to back entrepreneurship in the recession-plagued country, speaking before an employers’ and industrialists’ group in Athens.
Mitsotakis, who assumed…
A relevant Greek minister this week cautioned against over-optimistic expectations in terms of Russian tourist arrivals to Greece this season.
Alternate FM Nikos Xydakis pointed to a continuing economic downturn…
A relevant Greek minister this week cautioned against over-optimistic expectations in terms of Russian tourist arrivals to Greece this season.
Alternate FM Nikos Xydakis pointed to a continuing economic downturn…
Greek Prime Minister Alexis Tsipras on Tuesday said that whatever economic recovery cannot “be based on an obliteration” of the labor sector, speaking with European Commission President Jean Claude Juncker…
EU Commission President Jean Claude Juncker was upbeat of his assessment of Greece’s recent bailout performance, saying the country is “on the right path” towards recovery.
Juncker arrived in Greece on…
The recently enacted increase in hotel VAT rates in Greece, to 13 percent, is the sixth highest in Europe, with Denmark (25 percent), Slovakia (20), the UK (20), Hungary (18)…
By Th. Tsiros
Disbursement of a long-expected 7.5-billion-euro loan tranche to Greece is set for Monday, a development punctuated by the arrival in Athens of European Stability Mechanism (ESM) managing…
By N. Bellos
Imposed fiscal austerity on Greece for the foreseeable future cannot be the only direction for the country, French Finance Minister Emmanuel Macron warned this week.
In statements…
Six Greece-based entrepreneurs have been invited to participate in the Global Entrepreneurship Summit (GES) 2016 later this month at the University of Stanford in Palo Alto, California.
The event is…
EU Commission President Jean-Claude Juncker on Sunday reiterated that the Eurozone would not be complete without the participation of Greece, speaking a day before he is scheduled to visit Athens.…
Athens-based City Crop was declared the winner of the Start Tel Aviv 2016 competition for Greece, during a special pitching event on Thursday at the Impact Hub Athens.
A panel of judges…
The president of the Hellenic Bank Association, Louka Katseli, on Saturday said the government could remove most or all of the capital controls still imposed on bank deposits in the…
The recently emerged issue of constitutional revision and changes in the Greece’s election law, discussion initiated by government itself over the last few weeks, will reportedly be the subject of…
UN chief Ban Ki-moon arrived in Greece on Friday for a close-up tour of several temporary refugee shelters as well as a visit to the eastern Aegean island of Lesvos,…
A competition watchdog authority will convene on Wednesday to examine whether Chinese multinational Cosco Group Ltd.’s purchase of a majority stake in the Piraeus Port Authority (OLP) and its exclusive…
High unemployment and a continuing “brain drain” for better career prospects overseas endanger the Greek economy’s productivity, Alpha Bank stated in its weekly economic review.
According to the domestic lender,…
International Monetary Fund (IMF) chief Christine Lagarde on Friday was again non-committal of her institution’s financial participation in Greece’s 86-billion-euro bailout package, saying she will not “pass judgment” on a…
A union representing air traffic controllers and other Civil Aviation Authority employees on Friday called off a five-day strike that was set to begin on June 20, after a same-day…
By Stelios Papapetros
Significant labor sector reforms and addition prior actions were cited on Thursday by an IMF spokesman in reference to the Greek program, with the stage now set…
IMF chief Christine Lagarde on Thursday openly disputed the much-vaunted “road map” for Greek debt relief, which was decided at a Eurogroup meeting late last month.
Lagarde’s qualms, in fact,…
The European Stability Mechanism (ESM) on Friday gave its final approval, as expected, of a 7.5-billion-euro loan tranche to Greece, with the money available almost immediately.
According to a press…
Greek Prime Minister Alexis Tsipras used the Acropolis as a backdrop on Thursday evening to announce a program his government has billed as “Greece 2021” — and with a strategic…
Greek Prime Minister Alexis Tsipras used the Acropolis Museum as a backdrop on Thursday evening to announced a program his government has billed as “Greece 2021” and with a strategic…
A target for net five-month revenues was exceeded by 314 million euros, with 19.194 billion euros streaming into state coffers between January and May 2016, up from a 18.88-billion-euro target…
