ENGLISH EDITION

ENGLISH EDITION

Greece's Hercules plan for bad loans falls short of the mark

A proposal put together by Greece to slash billions of euros of bad loans held by banks, dubbed the Hercules plan, is not enough to adequately deal with the problems faced by the country's financial system.

26 Σεπ 2019 11:42

ENGLISH EDITION

K. Mitsotakis: Turkey can do more about EU agreement on migrants

Following his meeting with Turkish President Recep Tayyip Erdogan, Greek Prime Minister Kyriakos Mitsotakis said in an interview to Bloomberg that Turkey can do more about the flow of migrants across the Aegean Sea.

26 Σεπ 2019 10:16

ENGLISH EDITION

Cash injections of one billion euros keep the lights on at PPC

Power company PPC has needed cash injections of more than one billion euros to avoid the nightmarish scenario of a bankruptcy and for auditors to sign off on its first-half earnings without any dire warnings about the sustainability .

25 Σεπ 2019 12:13

ENGLISH EDITION

Mitsotakis-Trump meeting cancelled due to impeachment referral of US President

The scheduled Tuesday evening meeting between Prime Minister Kyriakos Mitsotakis and US President Donald Trump was cancelled after the launching of a formal impeachment inquiry against President Donald Trump.

25 Σεπ 2019 10:28

ENGLISH EDITION

Environmental study a step forward for Cavo Sidero project in Crete

Loyalward Ltd, a subsidiary of the London-listed Minoan Group Plc, is completing an environmental study for its Cavo Sidero investment on the island of Crete, in a step forward for the delayed investment.

25 Σεπ 2019 08:00

ENGLISH EDITION

PPC picks up hunt for 2.7 bln euros of unpaid customer bills

Power company PPC is aiming to recover some 40 million euros per month in money owed by customers as part of a push by the new management to crack down on those who have skipped on bills worth 2.7 billion euros.

24 Σεπ 2019 10:19

ENGLISH EDITION

Travel receipts up 13.6 pct in January-July according to Bank of Greece

Travel receipts grew 13.6 pct or by 1.097 billion euros in the January-July period this year, reflecting a 13.1 pct increase in average expenditure per trip.

23 Σεπ 2019 15:41

ENGLISH EDITION

Greek hotels are assessing the damage caused by Thomas Cook collapse

The Greek Tourism Confederation (SETE) said that «The closure of Thomas Cook is a very unpleasant development that requires a rapid and effective response».

23 Σεπ 2019 13:34

ENGLISH EDITION

Viohalco moves ahead with real estate investment worth more than 100 mln euros

Metals group Viohalco is moving ahead with a plan to build a new hotel in Piraeus street in Athens in an investment estimated to be worth more than 100 million euros.

23 Σεπ 2019 07:59

ENGLISH EDITION

Miguel Berger: 'We will bring more German companies to Greece'

"I feel the optimism of the Greek government and we share it," Miguel Berger, Director-General for Economic Affairs and Sustainable Development at Germany's Federal Foreign Office told Athens-Macedonian News Agency (ANA) on Saturday.

22 Σεπ 2019 10:31

ENGLISH EDITION

New rally for the Greek bonds - Yields fell to new record lows

Greek state bond prices rallied and yields fell to new record lows in the domestic electronic secondary bond market on Friday.

20 Σεπ 2019 23:35

ENGLISH EDITION

Registered unemployment down to 888,089 in August

Registered unemployment totaled 888,089 in August, up from 841,481 in August 2018, but down from 893,310 in July 2019, the workforce employment authority OAED said in a report on Friday.

20 Σεπ 2019 21:02