Bank of Greece (BoG) governor Yannis Stournaras this week appeared critical of the latest wave of tax increases, direct and indirect, passed by the government as part of last month’s…
Dr Xeni Dassiou Centre for Competition and Regulatory Policy Director City University London
Even before the economic crisis Greece’s education sector was unreformed, lacking independent evaluation mechanisms that would provide…
Greek Finance Minister Euclid Tsakalotos told Euronews on Wednesday that if “evident signs” of a recovery are not seen within a year, “then we will have failed.”
He also referred…
National Bank’s (NBG) sale of Turkey-based Finansbank was more-or-less finalized this week, with the stake (99.81 percent) transferred to the Qatar National Bank totalling 2.75 billion euros, the former announced…
A rally was underway in central Athens on Wednesday in demand that the government step down, a mobilization mostly organized through social media, especially through the hashtag #paretithite.
The rally,…
Only 15 billion euros out of a total of 80 billion listed as arrears by individuals and corporate entities are real and collectible, Economy Minister Giorgos Stathakis said from Parliament’s…
The Bank of Greece (BoG) on Wednesday predicted that the long-delayed but recently completed first review of the Greek program (third bailout) will have a positive effect on economic confidence…
By N. Bellos
Eurogroup chair Jeroen Dijsselbloem on Tuesday hinted at the possibility of re-examining a memorandum-mandated target of a 3.5-percent primary budget surplus, as a percentage of GDP, by…
A brewing political feud between the leftist Greek government and the opposition over a highly publicized rally in downtown Athens on Wednesday afternoon, demanding that the former resign from office,…
Βy L. Karageorgos
Greece’s influential ship owners’ union and the Greek government this week emphasized, in a letter to the EU Commission’s competition authority, that tax breaks should not be…
A long-awaited disbursement of a 7.5-billion-euro loan tranche to Greece could be finally approved during Thursday’s Eurogroup meeting in Luxembourg, European Stability Mechanism (ESM) head Klaus Regling told Euronews on…
Authorities on Tuesday morning proceeded with an operation to evacuate another two makeshift refugee camps near the Idomeni border post in extreme northern Greece. One of the camps is located…
By A. Doga
The Bank of Greece (BoG) is reportedly considering a framework for the upcoming licensing of companies managing and purchasing non-performing loans (NPLs) in the country that would…
The memorandum-mandated publication of names of both individuals and companies with outstanding debts to the state will reportedly come within the next few weeks.
A relevant general secretariat for public…
Greek representatives at an annual board meeting of the European Association of Craft, Small and Medium-sized Enterprises (UEAPME) blocked recognition a pair of groups, from the former Yugoslav Republic of…
Greece’s transport ministry is reportedly allocating 197 million euros for upgrades at six regional airports not included in a tranche of 14 facilities handed to a consortium led by Germany’s…
The figure that the leftist Greek government must derive from privatizations until August 2018, when the ongoing third bailout is due to end, is no less than 6.1 billion euros.…
By Th. Tsiros
The delay in achieving a first review of the Greek program (third bailout) over the first half of 2016 forced the Greek government to cover obligations of…
An array of new measures directly related to Greece’s tax code is reportedly included in the government’s latest agreement with institutional creditors, part of a revision of the third memorandum.…
By D. Hatzinikolas The leftist Greek government is reportedly considering different strategy to divert the public dialogue from the ongoing negotiations with institutional creditors and fiscal matters to issues…
Closure of the so-called “Balkan route” proved more effective than a EU-Turkey agreement to curb the flow of Mideast refugees towards Europe, “Welt am Sonntag” reports on Sunday in quoting…
“N” published on Saturday a list of the 15 “prior actions” that the Greek government must implement before the last of two loan tranches – the second being 2.8 billion…
More than 22,000 sector-related professionals visited this year’s Posidonia 2016 maritime exhibition at a port of Piraeus exposition center over the past week.
The week-long biennial trade exhibition fielded participation…
Two containers filled with military equipment and ammunition were located on Thursday aboard an Antigua-flagged freighter sailing near the Kafireas Strait (Cavo d’Oro) southeast of the island of Evia.
According…
Moody’s on Friday referred to a “credit positive” development in terms of Greek banks’ exposure to non-performing loans, after Q1 2016 results showed that decreasing exposure for a second consecutive…
The possibility of selling-off a 5-percent stake the state still owns in the one-time Greek telephony monopoly (OTE) even within the month — and ahead of a Eurogroup meeting on…
An ongoing strike at the ports of Piraeus and Thessaloniki, the country’s two largest such facilities, threatens to derail the all-important cruise ship itinerary at the former and to make…
A master plan for the landmark Helleniko real estate project, overseen by Athens-based Lamda Development for the main investment vehicle, Global Investment Group, foresees a 915-million-euro payment to the Greek…
The EuroWorking Group on Thursday evening gave its “green light” towards the disbursement of a 7.5-billion-euro loan tranche to Greece, two weeks after a Eurogroup meeting paved the way for…
Greek Prime Minister Alexis Tsipras on Thursday referred to a “deep democratic change” in the country, addressing party cadres of his ruling SYRIZA party’s political secretariat.
He framed this “major…
