Primary surplus chokes market
FINANCE
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FINANCE
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Primary surplus chokes market

makis - Apr 21, 2017

The state’s fiscal performance last year has exceeded even the most ambitious targets, as the primary budget surplus as defined by the Greek bailout program, came to…

Dip in Greek tourism arrivals and revenues at start of year
GREECE
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GREECE
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Dip in Greek tourism arrivals and revenues at start of year

makis - Apr 21, 2017

Tourism arrivals from abroad and revenues posted a yearly decline over the first two months of the year, according to provisional figures presented on Friday by the…

Athens eyes rise in visitor numbers
GREECE
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GREECE
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Athens eyes rise in visitor numbers

makis - Apr 21, 2017

The Greek capital will see a fresh rise in tourism this season, according to data presented to the media on Thursday by Athens Mayor Giorgos Kaminis and…

Ancient civilizations to come together in Athens
POLITICS
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POLITICS
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Ancient civilizations to come together in Athens

makis - Apr 21, 2017

As Athens prepares to host Monday’s “Ancient Civilizations Forum,” Foreign Minister Nikos Kotzias said on Friday it will bring together ministers of states representing historically great cultures…

IMF admits to misjudging economic performance
FINANCE
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FINANCE
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IMF admits to misjudging economic performance

makis - Apr 21, 2017

As the government hailed official figures putting last year’s budget surplus eight times the size of the target set by Greece’s international creditors, a key International Monetary…

Part-time work is on the rise
GREECE
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GREECE
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Part-time work is on the rise

makis - Apr 20, 2017

In a country suffering from a protracted economic crisis and high unemployment, part-time employment offers a solution to companies struggling to stay afloat. It has also doubled…

EFKA revenues down 180 mln euros
FINANCE
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FINANCE
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EFKA revenues down 180 mln euros

makis - Apr 20, 2017

Provisional data from the General Secretariat for Social Security show that February’s payments to the Single Social Security Entity (EFKA) came to 165-170 million euros by the…

Athens Hilton in for total makeover
GREECE
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GREECE
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Athens Hilton in for total makeover

makis - Apr 20, 2017

The investment plan for the Athens Hilton designed by its new owner, Home Holdings, foresees the creation of luxury apartments that will be put up for sale,…

Bailout talks to resume on Tuesday, says government spokesman
POLITICS
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POLITICS
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Bailout talks to resume on Tuesday, says government spokesman

makis - Apr 20, 2017

The government on Thursday sought to set out a roadmap for the return of economic stability to Greece, with its spokesman Dimitris Tzanakopoulos announcing that foreign auditors…

Niarchos Foundation to bolster EKAV ambulance fleet
GREECE
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GREECE
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Niarchos Foundation to bolster EKAV ambulance fleet

makis - Apr 20, 2017

The Stavros Niarchos Foundation (SNF) has announced that it will donate 143 vehicles to the EKAV ambulance service by the end of the year. The 14-million-euro initiative…

Inflation at 1.5% in Eurozone. Greece has 1.7%
FINANCE
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FINANCE
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Inflation at 1.5% in Eurozone. Greece has 1.7%

makis - Apr 19, 2017

Inflation in Greece rose to 1.7% for the month of March, compared to 1.4% in February and -0.7% over the same period last year, according to data…

Sinai monks safe after ISIS attack
WORLD
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WORLD
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Sinai monks safe after ISIS attack

makis - Apr 19, 2017

Pilgrims and monks at the Greek Orthodox monastery of Saint Catherine – one the world’s most ancient Christian monasteries – in the Sinai peninsula in Egypt are…

Ship stranded southeast of Rhodes
GREECE
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GREECE
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Ship stranded southeast of Rhodes

makis - Apr 19, 2017

A Maltese-flagged tanker, the USICEHM, remained immobilized 45 nautical miles southeast of the island of Rhodes Wednesday, after its 17-member crew put out a fire that broke…

Aegean Airlines reports growth in passenger traffic in Q1
GREECE
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GREECE
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Aegean Airlines reports growth in passenger traffic in Q1

makis - Apr 19, 2017

Greece’s largest carrier Aegean Airlines said on Wednesday passenger traffic grew 5 percent in the first quarter, with load factors improving to historically high levels for the…

Two rescued after jeep falls into Volos port
GREECE
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GREECE
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Two rescued after jeep falls into Volos port

makis - Apr 19, 2017

Two people were rescued after the car they were in fell into the harbor of Volos in central Greece on Tuesday night. Two people working at the…

Watch the take off of Orbital ATK cargo ship carrying two Greek micro-satellites (VIDEO)
SLIDE
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SLIDE
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Watch the take off of Orbital ATK cargo ship carrying two Greek micro-satellites (VIDEO)

makis - Apr 18, 2017

A United Launch Alliance Atlas V rocket that will carry supplies to the International Space Station has launched from the Ccomplex 41 at the Cape Canaveral Air…

Olympiakos say “No” to Atletico Madrid 9 million euro offer for Retsos
GREECE
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GREECE
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Olympiakos say “No” to Atletico Madrid 9 million euro offer for Retsos

makis - Apr 18, 2017

Olympiakos have reportedly rejected a 9 million-euro offer by Spanish giants Atletico Madrid to sell 19-year old left back Panayiotis Retsos. The full back has caught the…

ATHEX: Stocks slide in line with the rest of Europe on UK vote
FINANCE
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FINANCE
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ATHEX: Stocks slide in line with the rest of Europe on UK vote

makis - Apr 18, 2017

Stocks across Europe felt the pressure on Tuesday after snap elections were called in Great Britain, leading the Greek market’s benchmark almost 1 percent lower as trading…

Mountain train carrying passengers derails
GREECE
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GREECE
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Mountain train carrying passengers derails

makis - Apr 18, 2017

A carriage of the small iconic mountain train known as the Moutzouris in Pilio, near Volos in central Greece, derailed on Tuesday on the route linking the…

Hail storm destroys Kozani fruit crop
GREECE
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GREECE
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Hail storm destroys Kozani fruit crop

makis - Apr 18, 2017

A relatively brief but violent hail storm Tuesday in the region of Velvedo in Kozani, northern Greece, destroyed an estimated 70 percent of the area’s fruit crop,…