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…
Violence erupted on Thursday evening at a temporary shelter for Mideast refugees and irregular migrants on the island of Samos, with initial reports citing 30 injuries, with several people taken…
Inclusion of the northern Greece archaeological site of Philippi in Unesco’s list of World Heritage Sites will be decided at the organization’s annual conference, which will take place next month…
By G. Thomopoulos
A doubling of the BalticDryIndex (BDI) rate over the last two months has apparently not positively affected results of bulk carriers as yet, according to reports.
Prices…
By S. Emmanouil
Greece’s private daycare and child care facilities this week charged that the state owes them a total of 90 million euros, a figure that is threatening to…
By N. Bellos
A EuroWorking Group teleconference, probably on Monday, is expected to be the venue where the first review of the third Greek bailout will be officially concluded, more…
Reuters reports from Athens on Thursday that the leftist Greek government will conclude the sale of 66 percent of its state-owned natural gas grid operator (DESFA) to Azerbaijan’s Socar by…
Several creditor-mandated draft amendments were hurriedly tabled in Parliament by the government on Wednesday evening, including a provision for the faster privatization of Greece’s power transmission operator (ADMHE).
Other provisions…
By Sebastian Gechert Macroeconomic Policy Institute (IMK) Corresponding Author
Groundhog day in Athens: the Greek parliament has decided on yet another round of pension cuts, tax hikes and contingent automatic…
Greece finds itself in last place in terms of participation in the so-called “Juncker Package”, according to figures released on Wednesday by the EU Commission, on the occasion of the…
The Greek government on Tuesday evening tabled a series of draft amendments in Parliament with the expressed intent of fulfilling the latest demands by creditors, mostly “open issues” left over…
The Greek state will now start issuing three-year and five-year visas to eligible Russian citizens, a Greek deputy foreign minister said on Wednesday from Moscow.
Nikos Xidakis made the statement…
Main opposition New Democracy (ND) party deputies walked out of a debate on Wednesday morning over an abruptly submitted amendment reversing legislation – passed nearly two weeks ago – that…
An agreement text between the European Union and the Southern African Development Community (SADC) excludes traditionally made feta cheese and Kalamata-area olives from a list of protected designation of origin…
Main opposition New Democracy (ND) party deputies walked out of a debate on Wednesday morning over an abruptly submitted amendment reversing legislation – passed nearly two weeks ago – that…
by Natasa Stasinou
[email protected]
Influential German economist Hans-Werner Sinn continues to maintain that Greece’s temporary exit from the euro zone, in tandem with a debt “haircut”, is unavoidable for the…
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis paid a surprise visit to a temporary refugee shelter at the old Athens airport installations in southern coastal Athens, where he called…
The leftist Greek government will apparently avoid a retroactive deduction of a bonus allocated to low-income pensioners by debuting a so-called “social solidarity” subsidy after July 1, instead of dolling…
Greek officials and representatives of institutional lenders’ on Tuesday evening held yet another late-night teleconference meeting in an effort to bridge remaining differences, even in the wake of a Eurogroup…
An amendment prohibiting the participation of lawmakers in off-shore companies, including holding shares in such entities, will be tabled in Parliament on Wednesday, the government spokeswoman announced on Tuesday.
The…
The political landscape in Greece on Tuesday took an even stranger turn, moreso than “usual”, as a recently completed report by a committee charged with developing a “national dialogue for education”…
By L. Karageorgos
One of Athens’ best known upscale hotels, the Athens Ledra, closed its doors on Tuesday, citing economic difficulties.
The hotel, which lies along Athens’ main thoroughfare linking…
