By N. Bellos
Completion of the now delayed first review of the Greek program (third bailout) and a possible agreement on Greek debt relief at next week’s Eurogroup meeting are…
By Anna Doga
A portfolio containing large business loans worth up to 1.2 billion euros will be managed by a new company to be jointly established by domestic lenders Alpha Bank and Eurobank in cooperation…
Greek shipowning interests are increasingly turning to auctions to acquire high-end used vessels, with Katsikis & Sigalas Ltd. recently purchasing a 2011-made kamsarmax bulker (“Archimedes”) for 14.6 million dollars. The…
Work commenced on Tuesday for the construction of the Trans Adriatic Pipeline (TAP) project, which is expected to transport Azeri natural gas through Greece and Albania to Italy via an…
Completion of the currently delayed first review of the Greek program (third bailout), which is expected this month, will set the stage for the second review in October 2016, with…
The Greek government has reportedly decided to implement a slightly watered down version of an automatic spending cut mechanism demanded by creditors in order to ensure that it meets memorandum-mandated…
Several main opposition New Democracy (ND) deputies have tabled a Parliament question over a case involving the alleged sexual harassment of female employees at the Venezuela embassy in 2013 by…
The coastal town of Pylos, in Greece’s extreme southwest, was added to a network of 28 seaplane destinations this week, with the site’s licensing awarded to the company, Water Airports,…
Roughly 240 billion euros, out of a total public debt of 321 billion euros, are at the center of various scenarios circulating this month in Athens, major European capitals and…
The finance ministry is reportedly ready to proceed with a tax regime aimed at the assets of so-called Undertakings for Collective Investment in Transferable Securities (UCITS) investment groups, as they…
By G. Paletsakis
A draft bill on legalizing undeclared incomes, expected to be submitted to Parliament in the coming period, does not include significant incentives for Greek citizens and taxpayers…
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…
