Former of Bank of Greece (BoG) governor Giorgos Provopoulos on Tuesday warned that he still doesn’t see the “light at the end of the tunnel”, referring to the ongoing Greek…
Greek Defence Minister Panos Kammenos generated a firestorm of political controversy on Tuesday with a statement from the island of Syros, where he said, among others, that a recent increase…
Greece-based Energean Oil & Gas has unveiled a hydrocarbons exploitation plan of up to 60 million euros to exploit a deposit off southwest mainland Greece, at the Katakolo site.
The…
A weekly review of the Greek economy by domestic lender Eurobank cites lower private consumption, exports and labor productivity as the reasons behind the re-emergence of a recessionary trend in…
By D. Hatzinikolas
Institutional lenders have reportedly asked the leftist Greek government for clarifications regarding the creation of a so-called “social solidarity fund”, which was announced by the Greek prime…
A long-expected evacuation of a makeshift refugee camp at the Idomeni site on Greece’s northern border began on Tuesday, with the first of 600 third country nationals transported out of…
The Eurogroup meeting on Tuesday in Brussels will, by all accounts, sign off on the first review of the Greek program (third bailout) and unblock up to 10 billion euros…
Greek tourism is apparently the beneficiary of fewer reservations by German tourists in the rival markets of Turkey and Egypt this season, according to a Bank of Greece (BoG) study…
Russian President Vladimir Putin will visit Greece this week, his first trip to an EU country in more than a year.
The powerful Russian head of state will meet with…
Greek Prime Minister Alexis Tsipras on Monday, speaking from Istanbul, said progress in legally relocating thousands of Mideast refugees throughout Europe has been “extremely” sluggish.
Tsipras was in the Bosporus…
National Bank and the Israeli embassy in Athens announced a new program to advise Greek entrepreneurs, with the initiative set to begin on June 1.
The program is part of…
The Greek government is reportedly examining the possibility of a second wave of privatizations for regional airports around the country, following the signing of an agreement earlier in the year…
The latest painful batch of austerity measures, passed by a slim majority of Parliament MPs on Sunday evening, may still not completely cover memorandum-mandated fiscal targets, with a “hole” of…
A voluminous tax bill passed by the government majority on Sunday evening includes stipulations for the operation of companies managing non-performing loans in Greece, with the firms coming under an…
An omnibus bill loaded with indirect tax hikes and legislation creating a “supra privatization fund” was passed by the coalition government majority on Sunday, with 153 deputies in the 300-MP…
The government took two, albeit small, steps back from a tax-laden draft bill over the weekend that completes a 5.4-billion-euro package of austerity measures aimed at meeting memorandum fiscal targets…
The leftist Greek government was scrambling on Sunday to find “off-set” measures after tabling an amendment on Friday freezing so-called “special wage” categories in the wider public sector until 2018,…
The stage is set for this week’s crucial Eurogroup meeting in Brussels and a first “showdown” between European institutions and the IMF over the issue of Greek debt relief, with…
Fifty-one irregular migrants of various nationalities were deported on Friday to Turkey from the eastern Aegean islands of Lesvos and Kos, part of an ongoing program by Frontex to repatriate…
The Acropolis Museum is included in a list of the best 25 museums around the world for 2016, according to a list unveiled by Tripadvisor.
The Internet tourism-related search engine…
A mysterious plane flying diagonally over the country in a southeasterly course in total radio silence and without a prior submitted flight plan was intercepted by a pair of Hellenic…
The Greek state posted a primary budget surplus of 2.9 billion euros in the January-April period, up from one billion euros in the corresponding period last year, the Bank of…
Greece’s major social partners, including employers’ association and trade unions, on Friday demanded that the government offer “growth off-set” measures in the face of a looming “tax wave”, warning that…
Domestic lender Alpha Bank on Friday forecast a continued recession in Greece for 2016 of between -0.3 percent and -0.7 percent, while adding, however, that marginal growth rates would return…
Chinese multinational Cosco has reportedly expressed reservations over certain provisions included in a draft bill creating what the government calls a “Public Ports Authority”, sources told “N” this week.
The…
By S. Zisimos
A new privatization fund unveiled by the leftist Greek government on Thursday will include various urban mass transit companies, the Athens Olympic Stadium (OAKA), national rail subsidiaries,…
An automatic spending cut mechanism abruptly added to a draft bill loaded with indirect tax increases stipulates “contingency” measures of between 900 million and 3.6 billion euros in case Greece…
Bank of Greece (BoG) Gov. Yannis Stournaras launched into a stinging attack on former Greek finance minister Yanis Varoufakis on Thursday evening, saying the flamboyant ex-minister’s “brave” negotiations with creditors…
The European Bank of Reconstruction and Development (EBRD) and Energean Oil & Gas have signed a loan agreement worth 75 million US dollars, part of a 200-million-dollar investment in the…
A missing EgyptAir passenger jet swerved 90 degrees to the left and then turned 360 degrees in a right direction before diving 22,000 feet and disappearing from Greek radar screens…
