EconomyLoop
where regional business news becomes global to everyone

PM invites union leadership to talks in latest effort to end garbage strike

The increasingly dire situation Greek cities amid an ongoing garbage strike in the country generated an invitation by the Greek ... read more

 Naftemporiki4 minutes ago

     
Draghi: Relief measures still insufficient vis-a-vis Greek debt sustainability

European Central Bank (ECB) President Mario Draghi severely dampened Athens’ hopes of including Greek bonds in the central bank’s Quantitative Easing ... read more

 Naftemporiki32 minutes ago
Invitation for 66% stake in natgas grid operator issued

Greece’s privatization fund on Monday issued a widely expected invitation for would-be investors to submit an expression of interest for ... read more

 Naftemporiki32 minutes ago
ECB Head Mario Draghi Puts QE on Hold

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 Greek Reporter1 hour ago
No breakthrough in talks to end nationwide garbage strike

A meeting on Monday between the unionists representing sanitation workers at municipalities around the country and the relevant interior minister ... read more

 Naftemporiki3 hours ago
Ryanair exec: We're waiting for more info by Fraport over its plans for Greek airports

Ryanair’s chief commercial officer told “N” this week that the low-cost carrier chose the Bergamo airport in Italy as a ... read more

 Naftemporiki3 hours ago
1.84-bln€ Greek primary budget surplus in first 5 months of 2017

The Greek state posted a 1.84-billion euro primary budget surplus over the first five months of 2017, exceeding the performance ... read more

 Naftemporiki4 hours ago
Schaeuble says he's open to German parliament discussing Greek deal

German Finance Minister Wolfgang Schaeuble has said he is not opposed to an open discussion in parliament on the euro zone's decision to give Greece a new credit lifeline - even though internal party opposition may embarrass Chancellor Angela Merkel'... read more

 Ekathimerini7 hours ago
Greece's 10-year borrowing costs drop to lowest since 2009 after upgrade

Greece's 10-year borrowing costs dropped to their lowest level since 2009 after Moody's updated the country's credit rating on Friday.... read more

 Ekathimerini7 hours ago
'Crunch time' in H1 2018 as creditors demand more audits, higher revenue targets by Greek collection entity

Creditors have reportedly tabled proposals for even stricter audits and revenue targets by the newly created Independent Authority for Public ... read more

 Naftemporiki8 hours ago
Greek Public Revenue Authority Plans 14,500 Raids in Tax Evasion 'Hot Spots'

... read more

 Greek Reporter8 hours ago
No less than 95 'key deliverables' must be implemented by end of summer for 3rd review to proceed

Beyond the initial relief in official Athens, whatever "political respite" entailed in finally concluding the second review of the Greek ... read more

 Naftemporiki9 hours ago
No letup for Tsipras over the summer

The panic is over, but there is a great deal of work ahead. This was the prevailing message over the last few days both within Greece and from those abroad who have a direct interest in the country's future.... read more

 Ekathimerini10 hours ago
Sports Digest: Greek women fourth in Eurobasket

The Greek women's team finished fourth in the 2017 Eurobasket in the Czech Republic as it lost to France 77-55 in Saturday's semifinal and 78-45 to Belgium in the third-place game on Sunday.... read more

 Ekathimerini22 hours ago
Investors call for Greece to make reforms

The return of investor confidence in Greece will require time and the acceleration of the government's reform program, foreign fund managers told Greek officials during two investment conferences that took place in the last couple of weeks in New Yor... read more

 Ekathimerini23 hours ago
Not a single fast-track project is fully up and running yet

Nearly seven years since the first law was introduced on the fast-track process for investments by then state minister Haris Pamboukis, only a handful of the projects that entered the scheme have been completed, and not one has started operating.... read more

 Ekathimerini23 hours ago
Summer tax check missions kept top secret

The plan for this summer's tax inspections seems straight out of a Hollywood spy movie.... read more

 EkathimeriniYesterday
Agenda

MONDAY European Commissioner for Migration Dimitris Avramopoulos will participate in a symposium titled "The Contribution of Social Cohesion and Solidarity in Preventing Drug Use,” organized by the Greek National Coordinator on Drugs in Athens.... read more

 EkathimeriniYesterday
Wide ND lead over SYRIZA party unchanged, according to latest poll; heated unofficial reax by govt

Main opposition New Democracy (ND) party enjoys a seven-percentage-point lead over ruling SYRIZA party in the latest opinion poll result, ... read more

 NaftemporikiYesterday
Sight, smells of garbage strike to continue until at least Thurs., Greek union says

A union representing contract sanitation workers on Sunday said a garbage strike throughout the country will continue at least until ... read more

 NaftemporikiYesterday
ND's Mitsotakis: Reversing 'brain drain' a priority

Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Sunday said a priority of any future ND government will be ... read more

 NaftemporikiYesterday
ND lead over SYRIZA between 7 and 9 percentage points, recent poll indicates; slipping approval ratings for Tsipras

Main opposition New Democracy (ND) party enjoys a seven-percentage-point lead over ruling SYRIZA party in the latest opinion poll result, ... read more

 NaftemporikiYesterday
Confusion over unions' decisions regarding Greek garbage strike

Confusion reigned amid Greece's garbage-spewed urban landscape on Sunday as to whether a week-long strike by sanitation workers around the ... read more

 NaftemporikiYesterday
Government Continues Crack Down on State Debtors

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 Greek Reporter2 days ago
Moody's Upgrades Greece's Sovereign Bond Rating to Caa2, Changes Outlook to Positive

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 Greek Reporter2 days ago
Moody's upgrades Greece rating after bailout deal

Moody's has upgraded Greece's bond rating after the country reached a deal this month with bailout lenders for continued rescue fund payments.... read more

 Ekathimerini2 days ago
Pressure on debtors is growing

The noose is tightening around state and bank debtors, as the tax administration is getting ready to carry out asset confiscations and repossessions from some 1.6 million taxpayers by the end of the year, while banks are gearing up for a wave of prop... read more

 Ekathimerini2 days ago
Moody's upgrades Greece's sovereign bond rating to Caa2 and changes the outlook to positive

Moody's Investors Service ("Moody's") has today upgraded Greece's long-term issuer rating as well as all senior unsecured bond and programme ... read more

 Naftemporiki2 days ago
What the Greek Government Agreed on With Lenders - The Complete Texts of the New Memorandum

... read more

 Greek Reporter2 days ago
Press reports in Athens claim Moody's upgrade pending for Greece

Press reports circulating in the Greek capital on Friday evening, which purportedly based on overseas banking sources, pointed to a ... read more

 Naftemporiki2 days ago
Latest opinion poll shows ND widening 'voter influence' margin over ruling SYRIZA

Greek citizens are apparently unmoved by the leftist government’s near celebratory reaction to last week’s Eurogroup decision, which finally concluded ... read more

 Naftemporiki2 days ago
The Greek Government's Agreement With Lenders on Paper

... read more

 Greek Reporter2 days ago
Gov’t approves Exxon, Total, Energean bids

Greece approved applications submitted by a consortium of Total, ExxonMobil and Hellenic Petroleum for oil and gas exploration and drilling off the island of Crete, its Energy Ministry said on Friday.... read more

 Ekathimerini2 days ago
Despite cuts, pensions are best protected

Poverty data from the Hellenic Statistical Authority (ELSTAT) illustrate the timeless significance of pensions when it comes to containing poverty risk in Greece, and the protection of sorts they provide for pensioners when compared with other social... read more

 Ekathimerini3 days ago
Mytilineos bond issue raises 300 mln euros

Greek industrial group Mytilineos raised 300 million euros through a five-year bond on Friday, with the issue oversubscribed more than twice, the company said.... read more

 Ekathimerini3 days ago
ATHEX: Benchmark ends week 1.8 pct higher

Most of the Greek stock market's morning gains evaporated in the afternoon in the week's last trading session, but the benchmark was up on the day after ending lower on the previous two.... read more

 Ekathimerini3 days ago
Elliniko transaction date pushed further back to end-March 2018

The completion of the concession of the old Athens airport plot at Elliniko is being postponed until early next year, according to the latest edition of the updated bailout agreement between Athens and its creditors, dated June 13, which Kathimerini ... read more

 Ekathimerini3 days ago
Wind energy powers up in Greece and Europe

Wind power accounted for 10.1 percent of the total amount of electrical energy produced in Greece last year, just above the European Union average, which stood at 10 percent in 2016.... read more

 Ekathimerini3 days ago
Benchmark ends week 1.8 pct higher

Most of the Greek stock market's morning gains evaporated in the afternoon in the week's last trading session, but the benchmark was up on the day after ending lower on the previous two.... read more

 Ekathimerini3 days ago
Macron, Merkel happy no Greek issue on the agenda of latest EU summit

The fact that Greece wasn't on the agenda of Friday's EU summit in Brussels wasn't lost on German Chancellor Angela ... read more

 Naftemporiki3 days ago
Houses in Athens Sold at Ridiculous Prices Due to Crisis

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 Greek Reporter3 days ago
Deadline for binding offers for state-owned rolling stock maintenance firm extended to Nov. 3

Greece's privatization fund on Friday extended a deadline for submission of binding offers for 100-percent of the share capital of ... read more

 Naftemporiki3 days ago
Commission compliance report details 113 'prior actions' Greece must implement by Q2 2018

An EU Commission compliance report for the Greek bailout lists 113 "key deliverables" that must be implemented by the second ... read more

 Naftemporiki3 days ago
Poll: Greeks Not Convinced With Positive Spin Gov't Gives on Eurogroup Deal

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 Greek Reporter3 days ago
Commission compliance report: Athens must implement 113 'prior actions' by June 2018

The Greek coalition government must implement no less than 113 "prior actions" by the second quarter of 2018, according to ... read more

 Naftemporiki3 days ago
IMF Reiterates: Lowering Greece's Primary Surplus Target After 2022 is Imperative

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 Greek Reporter3 days ago
Mosquito spraying chopper crashes east of Athens; 2 fatalities reported

A helicopter used for aerial spraying went down in a marshy area at the Schinas site, in the eastern Attica ... read more

 Naftemporiki3 days ago
IMF spox on Greek debt relief: Some progress made, still not enough

IMF spokesman Gerry Rice said the Fund considers that debt relief measures extended to bailout-dependent Greece are not enough, although ... read more

 Naftemporiki3 days ago
Bundestag takes up debate over Greek issue

German Finance Minister Wolfgang Schaeuble was the target of sharp opposition criticism in the Bundestag on Thursday during debate over ... read more

 Naftemporiki3 days ago
Mosquito spraying chopper crashes east of Athens; 2 injuries reported

A helicopter used for aerial spraying went down in a marshy area at the Schinas site, in the eastern Attica ... read more

 Naftemporiki3 days ago