The Bank of Greece on Thursday announced that the rate of non-performing loans in the recession-plagued country reached to 43.6 percent in September 2015, up from 39.9 percent at the…
Bank of Greece Gov. Yannis Stournaras foresees the “bottoming out” of the recession still plaguing the crisis-battered country in 2016 and even a slight recovery in the second half, but…
A central bank source told Reuters on Thursday that the Greek state will spend more than half a billion euros in 2016 to deal with the effects of the ongoing…
Classical music piped through the intercom system of the Athens metro lines and the older electric train (ISAP) route will greet commuters in the near future, with some 580 works…
By A. Doga The managements of Greece’s four systemic banks are expected to commence another round of contacts with international investors, beginning next month, especially within the framework of a…
Bulgarian drivers frustrated with an ongoing roadblock of the Exochi border post on the Greek-Bulgarian frontier, by protesting Greek farmers, set up their own roadblock on the Bulgarian side in…
The partially state-owned Hellenic Petroleum (EL.PE) group will proceed with its first order for Iranian crude within the coming days, a high-ranking company executive was quoted by Reuters as saying,…
Greek Defence Minister Panos Kammenos said NATO vessels set to start patrolling in the eastern Aegean will return third country nationals trying to illegally land on Greek territory back to…
The heads of Gazprom, Italy’s Edison and the Greek natgas provider, DE.PA, signed a memorandum of understanding on Wednesday in Rome focusing on the construction of a “southern route” pipeline…
Greece’s Capital Market Commission on Wednesday imposed fines totalling 50,000 euros – 10,000 each — on five foreign investment funds for illegal short selling National Bank of Greece shares.
The…
Greek Prime Minister Alexis Tsipras on Wednesday, from Parliament’s podium, put the blame on the European Union for the ongoing refugee crisis that is encompassing much of southern Europe, charging…
By Vassilis Kostoulas [email protected] @VasKostoulas
The president of the German Institute for Economic Research (DIW Berlin), Marcel Fratzscher, says reforms in Greece are “proceeding but at a very slow pace”,…
Official Athens continued to vent its anger on Wednesday against several western Balkan states and the Austrian government after the latter took steps to curb the flow of Mideast asylum…
By Thanos Tsiros
The now almost “routine” result in the problematic world of Greek state finances, namely, additional taxes tacked on each year only to yield less tax revenue, was…
By Stelios Papapetros
The Greek government continues to search out for alternative proposals to achieve memorandum-mandated pension reforms, and ahead of the return of institutional creditors’ representatives this week.
The…
Roughly 15 members of a self-styled anarchist group interrupted the live primetime newscast on the state broadcast channel (ERT) on Tuesday night, while demanding to read out a proclamation.
The…
A Greek foreign ministry spokesman responded to an earlier statement issued by Austria’s interior ministry, after repeated queries on a meeting in Vienna of countries in southern Europe affected by…
The ongoing refugee crisis has revved up the pressure on the Tsipras government in Athens given that the northern border crossing on the frontier with the former Yugoslav Republic of…
Police sources on Tuesday claimed that the monthly “turnover” of a local newspaper publisher and two reporters charged with felonious extortion reached 500,000 euros a month.
The publisher of the…
Athens will allow NATO vessels participating in patrols to prevent migrant smuggling from Turkey to the Greek islands the opportunity to refuel at any Greek port.
The relevant defence minister,…
simmering feud between the Greek government and a Canadian mining multinational with a gold mining concession in northern Greece was revved up on Tuesday when the relevant energy minister accused…
The ongoing uncertainty over prospects of the crisis-swamped Greek economy continues amid the postponement of major reforms and what is being described locally as “negative profiteering”, or in other words,…
Greek authorities on the border with the former Yugoslav Republic of Macedonia (fYRoM), in the extreme north of the country, on Tuesday began removing third country nationals, mostly Afghans, assembled…
Greece’s super market sector experienced a dramatic restructuring in the crisis-plagued 2013-16 period with buyouts and mergers affecting 593 outlets and 23 super market chains. Turnover for the affected stores…
The Greek-owned liquefied natural gas carrier “Energy Atlantic” is ready, along with the “Asia Vision”, to load the first quantities of LNG from Cheniere’s Sabine Pass Terminal LNG facility in…
The Greek finance minister on Monday evening, during debate in Parliament, promised a return to growth for the crisis-plagued Greek economy while “remaining (in Europe) and intervening in European structures,…
Bank of Greece (BoG) government Yannis Stournaras on Monday stated that imposed capital controls in the country – enacted in late June 2015 – served as a type of “public…
Greece’s Association of Chief Executive Officers (EASE) warned against the imposition of even higher tax brackets for top executives in the country, amid reports that the Greek government’s economic team…
Police in the greater Athens have reportedly arrested two journalists and a local publisher on charges of extortion, with press reports so far citing allegations of blackmail against the managements…
A group of roughly 150 Afghans blocked the rail line on the Greek border with the former Yugoslav Republic of Macedonia (fYRoM) on Monday afternoon in protest to a decision…
