FIRST REPUBLIC

By A. Tsimplakis [email protected] The “honeymoon phase” in relations between Chinese multinational Cosco and Greece’s privatization fund (HRADF) regarding the Piraeus Port Authority (PPA), which the former assumed last August,…

A Turkish frigate, identified as the Gökçeada, was reportedly shadowing a survey ship commissioned to begin exploratory drilling in block 11 of Cyprus’ exclusive economic zone (EEZ), part of Ankara’s…

Controversial former Greek finance minister Yanis Varoufakis said his idea for a “parallel system” of payments was greeted quite positively when he presented it as far back as 2013 to…

Serbian President Aleksandar Vučić on Thursday lamented the fact that Belgrade had previously recognized the former Yugoslav Republic of Macedonia (fYRoM) under its constitutional name, i.e. “Macedonia”, something that Athens…

By L. Karageorgos [email protected] The tourism and travel sector continues to shine as a beacon for present and future economic growth in Greece, with a recent major study showing that…

Greek military authorities on Wednesday reported two separate instances of Turkish warplanes flying over Greek islets in the eastern Aegean, which are violations of national air space and infringement of…

The Thessaloniki Port Authority on Friday announced net profits of 14 million euros for 2016, with pre-tax profits reaching 21 million euros. Turnover fell by 5.54 percent to total 48…

An easyJet plane carrying 184 passengers from London Gatwick to Larnaca on Friday that had to be diverted to a Turkish airport due to poor weather conditions over the east…

By V. Vegiri [email protected] Which two of the three consortia that has submitted a bid for purchasing a majority stake in the Thessaloniki Port Authority (OL.Th) will continue into the…

Susanna Vogt Head of Greece Office Konrad-Adenauer-Stiftung 60 years after the signing of the Treaties of Rome the European Union has to open a thorough and serious debate on its…

Capital Ship Management Corp. on Thursday announced that the company’s completed its first accredited assessment this month of a MRV monitoring plan for the vessel M/T Alkiviadis. In a press…

By Giorgos Kentas*  Even from the first day of negotiations in Geneva last week (Jan. 9) it appeared that the two communities on Cyprus are not only unable to bridge…

Contentious former Greek minister Yianis Varoufakis struck again this week from Athens, grimly predicting that his former political ally, Greek Prime Minister Alexis Tsipras, faces a bleak future. “The path…

By Vassilis Kostoulas  [email protected] US ambassador Geoffrey R. Pyatt pointed to uncertainty as the biggest obstacle in attracting investments to Greece, speaking on Tuesday to a small group of local reporters.…

A memorandum obligation to transfer a 5-percent equity share held by the Greek state in the previously state-controlled telephony utility (OTE) to the Hellenic Republic Asset Development Fund (HRADF) cleared…

Βy N. Bellos Greece’s foreign debt reached 179.2 percent of GDP in the second quarter of 2016, or 315.29 billion euros in absolute terms, by far the worst performance amongst…

Forever 21, the fifth largest fashion retailer in the United States, plans to begin operations in Greece in the first half of 2017. In September, Forever 21 opened four new…

A raging political furor involving broadcast licensing dramatically intensified this week with opposition allegations of blackmail and illegal eavesdropping of high court justices ruling on whether a controversial law giving…

Turkish President Recep Tayyip Erdogan took a direct swipe at the Turkish republic’s Kemalist lineage on Thursday, and by extension engaged in an eyebrow-raising exercise in revisionist history. “We gave…

By N. Bellos A fiscal “sword of Damocles”, which hangs over Greece’s finances in the form of an automatic spending cut mechanism, will mostly affect public sector wages and pension…

Ocean-going shipping has witnessed tremendous strides in technological advances over the recent decades, transforming an all-important sector once considered a “blue-collar” and “old guard” domain into an increasingly advanced form…

The ECB on Wednesday decided to reinstate a waiver that allows Greek lenders to use Greek bonds as collateral, a long-anticipated measure that the government and capital control-plagued domestic banking…

A long-expected evacuation of a makeshift refugee camp at the Idomeni site on Greece’s northern border began on Tuesday, with the first of 600 third country nationals transported out of…

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 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 government on Sunday evening referred to an agreement, in principle, with creditors over various issues repeatedly discussed in negotiations to conclude a first review of the Greek program, in…

Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Sunday reiterated his call for Prime Minister Alexis Tsipras and “his coterie” to step down as soon as possible, essentially calling…

A Parliament debate on Friday over a proposal to establish a committee of inquiry to probe political parties’ finances as well as bank loans to parties and mass media in…

By Danae Alexaki The opening of the first Jumbo toy retailer in Serbia will inaugurate the Veropoulos group’s exclusive activity outside Greece after the well-known and family-run company’s exit from…

The repatriation of third country nationals who illegally entered Greece from Turkey will apparently resume on Friday, nevertheless, more arrivals of Mideast war refugees and irregular migrants exploiting the refugee…

A dispatch by Wikileaks over a reputed very “hard line” by the IMF vis-à-vis the Greek program led to a flurry of high-profile phone contacts over the weekend, with Greek…

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…

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,…