By Vassilis Kostoulas [email protected] @VasKostoulas
The latest theme repeated by the Greek government over the recent period, amid in its often thorny negotiations with international creditors, is that without…
A total of 50,411 refugees and newly arrived migrants are currently in Greece, according to official figures released on Monday by the Greek government.
Of those, nearly 14,000 remain in…
Industrial turnover in January 2016 dropped by 13.3 percent in Greece, yoy, while over the first two-month period of the year the figure was -10.3 percent.
The biggest drop in…
The Greek government believes it is on track to achieve the first review of the Greek program (third bailout) within the coming period, with a high-ranking meeting held on Monday…
The president of the board of the Hellenic Banks Federation – the group that represents systemic banks in the country – again went on record this week to preclude the…
Τhe Greek government is cultivating hopes that a completion of the closely watched first review of the Greek program (the third bailout) will be achieved by April 11, following the…
Talks between the Greek government and the “quartet” of institutional creditors on the thorny issue of pension reform have recorded convergences but also remaining differences, with one report citing that…
Tax hikes foreseen by Greek government to cover fiscal gaps, as demanded by creditors, will reportedly include an increase in the lowest income tax co-efficient to 22.5 percent from the…
A cabinet meeting, chaired by Greek Prime Minister Alexis Tsipras, focusing directly on implementing this week’s EU-Turkey agreement on dealing with the ongoing refugee / migrant crisis was concluded on…
A ministerial decision is expected within days to outline the process for returning controversial farm subsidies given by a Greek government beginning in 2008, the so-called “Hatzigakis package”, named after…
Greece’s Council of State, the country’s highest administrative court, has ruled that cuts to civil servants’ lump sum pension payments – a bonus usually paid upon retirement – were legal.…
Greek taxpayers in the so-called “middle” and “upper” tax brackets are expected to dig even deeper into their pockets this year, as the government in Athens mostly based its ideas…
Today the Members of the European Council met with their Turkish counterpart. This was the third meeting since November 2015 dedicated to deepening Turkey-EU relations as well as addressing the…
Lafarge Cementos on Friday concluded, as expected, its purchase of AGET Heracles’ common shares, giving the former 71,082,707 shares of the south-central Greek cement and concrete manufacturer, i.e. or 100…
I. MIGRATION
1. The European Council confirms its comprehensive strategy to tackle the migration crisis. Several elements of our common European response are in place today and are yielding results.…
Finance ministry officials took the “off-the-record” route on Friday to criticize the International Monetary Fund’s (IMF) demands in ongoing talks between the Greek government and institutional creditors — negotiations utterly…
Βy Nikos Bellos
European leaders are reportedly reviewing what is being billed as a “compromise” proposal involving four main points to unblock accession negotiations with Turkey and reach an agreement…
Greek wine exports in 2015 remained stable, according to industry analysts, with exports still accounting for roughly 10 percent of the total domestic production.
In statements to “N”, analysts reiterated…
The Greek-controlled merchant fleet posted a marginal decrease of 0.7 percent in January 2016, according to figures released on Friday by the Greek statistics service EL.STAT.
Specifically, the number of…
One high-end Greek agricultural product that is usually bundled together when pointing to a more sustainable future for the local farm sector, namely, crocus, a genus of flowering plants in…
Greece’s biggest employers’ federation this week warned against reported hikes in tax and social security contributions being tabled as proposals by the government in talks with institutional creditors.
The Hellenic…
Greek Finance Minister Euclid Tsakalotos referred to “major progress” in talks with Greece’s institutional creditors on Thursday, citing a convergence of views on pension reform — but remaining differences on…
A distinctly VIP “migrant route” was uncovered by police in the western city of Messologhi this week with the arrest of nine suspects on charges of ferrying irregular migrants to…
Thessaloniki mayor Yiannis Boutaris on Thursday said the northern Greece metropolis would establish a municipal port authority fund, hours after the state privatization fund (TAIPED) granted the city the right…
The almost Sisyphean-like process to finally establish a unified and functional land registry (cadastre) throughout the country was again postponed on Thursday, as the board of the relevant state-controlled organization…
By Nikos Bellos
Greek sources referred to an “optimistic mood” that a positive agreement between the EU and Turkey will be achieved on Thursday, speaking in Brussels after a meeting…
The unemployment rate in recession-plagued Greece rose to 24.4 percent in Q4 2015, up from 24 percent in the previous quarter, the EL.STAT statistics service announced on Thursday.
The peak…
By Nikos Bellos
Greek Prime Minister Alexis Tsipras is scheduled to hold a joint meeting with German Chancellor Angela Merkel and French President Francois Hollande in Brussels at roughly 12.15…
By Antonis Tsiblakis & Lambros Karageorgiou
The major downturn in shipping rates has bulk carrier owners scrambling to “mothball” vessels until better days return, with the coastal industrial zone of…
Some 40 third country nationals, mostly from Pakistan and North Africa, held a sit-down protest outside one “hotspot” on the eastern Aegean island of Lesvos this week to demand that…
