The Bundestag’s budget committee on Wednesday postponed a decision on ratifying a 7.5-billion-euro loan tranche to Greece for its next session, saying Athens first needs to implement a “small number”…
A complete rendering of all the inscriptions inside the Antikythera Mechanism will be presented for the first time on Thursday in Piraeus, the culmination of a 10-year project by an…
By G. Hatzilidis
The Dimera group, controlled by Greek-Russian businessman Ivan Savvidis, is eyeing Athens’ upscale hotel market, according to the group’s executives, who spoke at an event in Thessaloniki…
Greek Finance Minister Euclid Tsakalotos on Wednesday appeared confident that Greek bonds will once again be included in the ECB’s “quantitative easing” asset-purchase program, in comments to Bloomberg.
“QE could…
A study unveiled this week by the Athens Chamber if Commerce shows that seven out of every 10 respondents in a recent survey cited an inability to meet their current…
The finance ministry’s relevant revenue secretariat is expected to deduct payments due on property taxes (the so-called ENFIA tax) from taxpayers’ income tax refunds, assuming the latter are eligible for…
The leftist Greek government on Tuesday puts its signature on the biggest real estate project in Greece since the run-up to the 2004 Athens Olympic Games, and at the same…
Athens-based Lamda Development on Tuesday evening confirmed the signing of a MoU with the Greek state’s privatization fund (TAIPED) hours earlier, a development that propels the closely watched real estate…
The relevant minister on Monday categorically denied local press reports that the government was considering the elimination of the so-called “13th” and “14th” monthly payments still enjoyed by full-time wage-earners…
Titan Global Finance Plc, a subsidiary of Titan Cement SA, on Tuesday announced a bond repurchase plan, while adding that it will also issue new guaranteed bonds worth 250 million…
The Greek government is looking to boost state revenues by clamping down on bootleg tobacco smuggling and distribution as well as mandating electronic payments for practically all tax and customs…
Eurostat on Tuesday confirmed the more gloomier prediction regarding the Greek economy so far in 2016, with GDP rate down 0.5 percent in the first trimester of the year, compared…
A MoU between the state-run privatization fund (TAIPED) and the consortium that won an international tender to develop the coastal Helleniko property will be signed within the day, a relevant…
By Grégory Claeys and Álvaro Leandro Bruegel
The ‘Investment Plan for Europe’, also known as the Juncker Plan, was approved in June 2015 and the European Fund for Strategic Investments…
By D. Hatzinikolas
The embattled leftist government in Athens is waiting for good news on Tuesday from Brussels, where it expects the last, post-Eurogroup, “open issues” with creditors to be…
Another 664 million euros were added in April 2016 to the “red column” for outstanding debts to the tax bureau, with the sum now reaching the stratospheric 87.88 billion euros…
By L. Karageorgos
Roughly 65 percent of Greek-controlled ocean-going shipping belongs to the 40 top ship-owners or companies they control, based on dwt transport capacity, according to shipbroker Clarkson’s.
The…
By N. Bellos
The signing of a contract between the Greek state and the land developer who won an international tender to develop the coastal Helleniko site, on paper one…
By G. Kouros
Only 35 percent out of an expected six million tax returns have been submitted so far via the Greek tax bureau’s online system (Taxis), raising concerns among…
By N. Bellos
A compliance report submitted by the Commission to the EuroWorking Group regarding the first review of the Greek program is, in principle, positive, according to a Community…
Chinese companies are first amongst national exhibitors at the 2016 biennial Posidonia 2016 maritime event in terms of demand for exhibition space and in the sheer number of participants, with…
Eurobank’s weekly economic review points to a worsening of economic expectations as behind the drop in consumer spending in the first trimester of 2016.
Moreover, according to figures by EL.STAT,…
Figures announced last week by airport authorities on Rhodes paint a bright picture for the 2016 tourism season on the eponymous Dodecanese island, given that arrivals through the airport are…
The world’s most prestigious maritime event, Posidonia, again opens its doors on Monday in Piraeus, the hub of Greece’s shipping sector, for an entire week, with a record number of…
The latest opinion poll published over the weekend shows main opposition New Democracy (ND) party with a 7.5 percentage point lead over ruling SYRIZA party.
The poll was published in…
Interview By Vasilis Kostoulas [email protected] @VasKostoulasTax evasion causing high taxes – The recent agreement provides “oxygen” and visibility – Only confidence will bring investments – The emphasis is now on reforms – Fiscal adjustment is…
French PM Manual Valls on Friday called for increased investments by French companies in Greece, during comments in Athens with his Greek counterpart Alexis Tsipras.
“France is on the side…
A European Commission spokesman on Friday reiterated that EU experts employed in Greece, within the framework of the Greek bailout program, must enjoy certain guarantees in the course of exercising…
A long-standing demand by Greece’s creditors for a complete liberalization of the framework managing and reselling non-performing loans (NPLs) on secondary markets was finally achieved on Thursday with the passing…
By A. Doga
As expected the European Central Bank will await implementation of the latest prior actions taken by Athens before restoring a waiver that allows Greek bonds to be…
