EU, IMF mull Greek debt relief with no early decision expected
Reuters – The euro zone and International Monetary Fund are discussing options for future debt relief for Greece at meetings this week in Washington, but […]
ECONOMY
Lagarde: IMF never asked for such deep spending cuts in Greece
Naftemporiki — The International Monetary Fund (IMF) never asked for additional and deep cuts in state spending implemented in Greece over the recent period, the […]
With Mr. Austerity gone, will Germany approve debt relief for Greece?
Handelsblatt — France and the European Union are pressing ahead with plans to implement debt relief for Greece now that Germany’s former Finance Minister Wolfgang […]
Greek govt upset as archaeologists deny BBC access to ancient temple
Washington Post — Greece’s Central Archaeological Council or KAS denied the one-day access request to the 2,500-years old Temple of Poseidon at Cape Sounion next month, saying […]
Objective values to rise for 60 pct of property zones
eKathimerini — The adjusted property rates used for taxation purposes (known as “objective values”) will be increased in 6,070 zones around the country, Deputy Finance […]
Greece tops Europe’s wage cuts league
IBNA — Greece comes top among European countries for cutting wages in the period 2010-2017 with a drop in real wages of 19.1% for those […]
Progress made on electronic register for properties on rental platforms
GTP — Property owners leasing their homes in Greece through electronic platforms such as AirBnB from now on will be required to register all rental […]
Floating dock arrives at the port of Piraeus
Naftemporiki — A floating dock recently purchased by the Piraeus Port Authority (PPA) arrived on Sunday morning in the Gulf of Elefsina, west of Piraeus. […]
Private construction sector recovers in 2017 after 11 consecutive years of recession
Naftemporiki — The private construction sector in crisis-battered Greece posted a recovery in 2017, after 11 years of recession, according to the independent statistics authority […]
Post-bailout credit line for Greece probably not needed – rescue fund head
Reuters – Greece will probably not need a precautionary credit line after its bailout ends in August if the country sticks to reforms, the head […]
‘Giga carrier’ at Piraeus
Naftemporiki — A brand new COSCO ‘giga carrier’ arrived at the port of Piraeus on Monday. The 420-meter, 20,000 TEU (20 ft container) carrier “China […]
Tesla to build R&D group in Greece to tap into local talent
Electrek — Tesla’s has been expanding in Europe over the last few years with teams in the UK and Germany. Now the automaker is also […]
Greece braves jittery markets with bond sale raising 3 billion euros
Reuters — Greece launched its much-anticipated new bond on Thursday, drawing strong investor demand for the seven-year deal despite the volatility in world markets. In […]
Greece wants clean break from lenders, preparing own post-bailout plan
Reuters – Greece expects to make a clean break with official lenders when its international bailout expires in August and has no reason to seek […]
EU creditors to start Greece debt-relief talks
BBC — EU creditors have agreed to start talks on possible debt relief for Greece as the country prepares to leave an eight-year bailout programme. […]