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…
The Bank of Greece on Monday announced increased travel-related revenues in December 2015, as compared to the corresponding month in 2014, even in the face of an overall decrease in…
The finance ministry on Monday announced that a ministerial decision slapping a 0.05-euro (five cents) every column of played numerical lottery games and sports bets offered by the Greek Organisation…
Representatives of Greece’s institutional creditors will return to Athens within the week, a development reportedly aimed at smoothing the way for a return of the heads of creditors’ delegations.
EU…
The merger of Chinese multinationals China Ocean Shipping (Group) Co. and China Shipping Group into China Cosco Shipping Corp. has created one of the world’s largest fleets of ocean-going commercial…
The Greek government on Monday announced that a tender for the issuance of broadcast television licenses will commence in March.
Relevant infrastructure and networks minister Christos Spirtzis made the statement…
Nine-month figures (Jan-Sep 2015) show that the index gauging non-performing loans in Greece stood at 43.6 percent – totaling 89.3 billion euros – which marked an increase of four percentage…
Hundreds of third country nationals, many identified as Afghans, have congregated on a northern Greece border post after the government of the neighboring former Yugoslav Republic of Macedonia (fYRoM) announced…
A recent visit to Thessaloniki by a large municipal and business delegation from Izmir, the major port city in western Turkey, has revived hopes that a ferry boat link will…
Moody’s Investors Service (Moody’s) has today upgraded to Ca from C the long-term senior debt ratings of Alpha Bank AE, Eurobank Ergasias S.A., National Bank of Greece S.A., and Piraeus Bank S.A.…
Brussels
by Nikos Bellos
An ongoing EU summit in Brussels has apparently failed to defuse the increasingly explosive situation in many member-states concerning the refugee crisis, although most European leaders…
Twenty-two convicted migrant smugglers have reportedly begun a hunger strike at a jail on the eastern Aegean island of Chios, charging that their sentences were too harsh.
The inmates are…
By Nikos Bellos
The need for an immediate completion of the first evaluation of the Greek problem was highlighted by German Chancellor Angela Merkel, French President Francois Hollande and Greek…
The industrial turnover index in crisis-plagued Greece fell by an average of 10.4 percent in 2015, Hellenic Statistical Authority announced on Friday.
The statistical service blamed a 14.6-percent increase in…
The Bank of Greece on Friday released figures on the current account deficit for December 2015, which showed a significant decrease in relation to the corresponding month of 2014, although…
Greece’s Independent Power Transmission Operator S.A. (IPTO), known by its Greek-language acronym of ADMIE, is reportedly attracting the attention of Italian energy concerns ahead of the sale of 20 percent…
by Vassilis Kostoulas [email protected] @VasKostoulas The Greek government is now meeting its obligations vis-a-vis the ongoing refugee crisis, according to the head of the Representation of the European Commission…
by Sophia Emmanouil
[email protected]
A majority of would-be entrepreneurs and small-to-medium investors in Greece are mainly focusing on food-and-beverage franchise concepts with a price tag of under 100,000 euros.
Eateries…
by Lambros Karageorgos
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Control of Hellenic Seaways (HSW) is apparently hanging in the balance as Italy-based Grimaldi, through Minoan Lines and its recent purchase of HSW shares held by…
Tourist arrivals to Greece from the lucrative Scandinavia market are expected to increase by 4-5 percent this year, according to initial estimates collected during the “Grekland Panorama” exhibition last week…
Nine new air routes to and from Kalamata’s “Kapetan Vassilis Konstantakopoulos” and an additional two carriers are the latest additions to the burgeoning tourism sector of Messinia prefecture, in extreme…
The greek government on Thursday apparently reversed an earlier decision to replace the long-time head of Greek Police’s (EL.AS) electronic crimes unit, Manolis Sfakianakis, after heated reactions and opposition criticism.…
The iconic Athens Hilton will apparently go on the sale block as Alpha Bank has commenced the process to sell the subsidiary that manages the five-star operation.
Alpha Bank, one…
Eurogroup head Jeroen Dijsselbloem on Thursday told European Parliament deputies here that the Greek government has submitted “serious” proposals on pension reform, although there are several issues “still open”. Moreover,…
The volume of trade between Greece and Russia fell by 33.7 pct to 2.8 billion US dollars in 2015, with Greek exports falling by 54 pct to 229.4 million dollars…