A ferry boat route will link the southern coastal city of Kalamata with the southwestern Aegean island of Kythira and Crete this summer, as Lane Sea Lines announced the route…
MSC Cruises is the latest company to base a cruise ship at the port of Piraeus, with the “MSC Orchestra” taking on passengers every Thursday at Greece’s largest port until…
The port of Thessaloniki has piqued the interest of Russian Railways, especially if combined with the upcoming privatization of the Greek rail operator Trainose and its rolling stock maintenance spin-off…
Greek Prime Minister Alexis Tsipras appeared confident that Greece will return to the markets next year, as his statement was published in an interview carried by an Athens weekly on…
By F. Zois
A third consecutive extension, until late June, of an international tender to privatize Greece’s rail operator followed requests by interested investors, who reportedly cited pressing deadlines…
The Greek government on Friday expressed reservations over the ratification process for the EU-Canada Comprehensive Economic and Trade Agreement (CETA), with the relevant Greek minister outlining Athens’ positions during an…
German Finance Minister Wolfgang Schauble has reportedly reiterated his opposition to immediate Greek debt relief through the use of long-term interest rate guarantees, the German news weekly Der Spiegel reported…
The head of Greece’s union of chambers of commerce on Saturday called for urgent action by the state to improve the business environment and entrepreneurship in the recession-ravaged country.
Veteran…
By D. Hatzinikolas Greek Prime Minister Alexis Tsipras has reportedly rejected proposals by his closest advisers to announce a Cabinet reshuffle after the crucial May 24 Eurogroup meeting, apparently…
The Greek government on Friday expressed reservations over the ratification process for the EU-Canada Comprehensive Economic and Trade Agreement (CETA), with the relevant Greek minister outlining Athens’ positions during an…
By S. Papapetros
Friday the 13th, and specifically the date’s appearance in May 2016, emerged as unlucky for Greek working people that will submit applications for retirement and social…
Βank of Greece (BoG) Gov. Yannis Stournaras called for a timely implementation of reforms in domestic markets as well as action to curb the now extreme problem of non-performing loans…
Separating “new money” flowing into Greece’s recapitalized banks from older deposits and excluding the former from capital controls has emerged in Brussels as a preferred course towards restoring normalcy to…
A Community source in Brussels on Friday afternoon stated there was still no agreement between Athens and its institutional lenders over an automatic spending cut mechanism to ensure that Greece…
Canadian multinational Eldorado Gold’s often tumultuous course in Greece dominated a presentation this week of the company’s economic results for Q1 2016, in a presentation by CEO Paul Wright himself.…
Five scenarios for Greek debt relief are reportedly being processed by a working group comprised of experts from the Eurogroup, the EU Commission, the ESM and the IMF, with the…
By S. Zisimos
Approval of three major investments in recession-battered Greece totaling 814 million euros, schemes described as “strategic”, will dominate next week’s session of a top ministerial meeting, with…
Greek Prime Minister Alexis Tsipras on Thursday attempted to deflect criticism by tourism sector entrepreneurs and officials by saying that a recently passed measure to slap a tax on hotel…
Controversial former finance minister Yanis Varoufakis this week claimed that the “agreement with (Greek PM Alexis) Tsipras was to threaten them (institutions) behind closed doors,” referring directly to a threat…
The development vehicle for Greece’s best-known holiday resort, Costa Navarino, has opened talks with local authorities in Messinia prefecture, environmental protection groups and mass media with a goal to become…
By Dimitris Hatzinikolas
Greek officials close to the prime minister’s office this week called discussions over a possible Greek debt relief a “difficult” and “multifaceted” endeavor, adding that two diametrically…
By A. Doga
The prospect of the European Central Bank (ECB) restoring systemic Greek lenders’ access to credit lines would be a major fillip for the country’s battered banking sector.…
By Alexander Kritikos Research Director DIW Berlin
Since the financial crisis of 2008, the Greek economy experienced a double-dip recession. The Greek GDP is almost 30 percent below its level before…
By G. Hatzilidis
The latest multinational group eying use of the port of Thessaloniki is the Czech transport company CD Cargo, a subsidiary of the Czech rail operator and one…
By Dimitris Hatzidimitriou & Thanos Tsiros
Greek taxpayers will be called upon to fork out – or lose out – on 4.1 billion euros out of the total 5.4-billion-euro tax…
Six residents of the border settlement of Idomeni have filed a lawsuit against the relevant alternate minister who holds the law enforcement portfolio in the government, charging that the Greek…
The European Stability Mechanism (ESM) is reportedly examining the possibility of purchasing a portion of the Greek debt held by the IMF, according to an article on Wednesday by the…
By Danae Alexaki
A loan contract worth 15 million euros by the European Investment Bank (EIB) to Creta Farms was signed on Tuesday, inaugurating the EU-wide “Juncker Package” for Greece-based…
Cruise ship vacationers visiting the ancient Olympia archaeological site in the northwest Peloponnese will be able to reach the area via a special tourist train running from the port of…
By Antonis Tsiblakis
Carnival, the world’s largest cruise ship operator, has designated Piraeus as a home port for the coming summer season for its “Carnival Vista” vessel, a move seen…
