Category: FINANCE

Greece to launch tourist investment project Hellenikon this year
FINANCE
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FINANCE
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Greece to launch tourist investment project Hellenikon this year

Panos - Jul 23, 2019

Greece’s government plans to speed up the regulatory process so that a long-delayed tourist investment project at a disused Athens…

The government has made a good start, Regling says
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FINANCE
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The government has made a good start, Regling says

Panos - Jul 22, 2019

"I believe that the government has made a good start," European Stability Mechanism (ESM) managing director Klaus Regling said on…

Iran seizes foreign tanker, US vows to protect vital Gulf waterway
FINANCE
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FINANCE
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Iran seizes foreign tanker, US vows to protect vital Gulf waterway

Panos - Jul 19, 2019

Iran said on Thursday it had seized a foreign tanker smuggling fuel in the Gulf, and the U.S. military commander…

Australian MasterChef judge George Calombaris’ underpayment scandal blows out to $8.15 million
FINANCE
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FINANCE
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Australian MasterChef judge George Calombaris’ underpayment scandal blows out to $8.15 million

Panos - Jul 19, 2019

Celebrity chef George Calombaris has been slapped with a substantial fine after admitting to underpaying AU$7.83 million in wages to…

Cyprus Energy Minister: Five exploratory drills over the next two years
FINANCE
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FINANCE
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Cyprus Energy Minister: Five exploratory drills over the next two years

Panos - Jul 18, 2019

Ankara’s goal is to cause instability in the Eastern Mediterranean and discourage energy giants, the Ministry says. Five exploratory and…

New Greek PM calls bond auction “vote of confidence”
FINANCE
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FINANCE
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New Greek PM calls bond auction “vote of confidence”

Panos - Jul 17, 2019

Greece launched a 7-year bond auction Tuesday, the country’s third effort this year to raise money from international markets while…

Greek financial audit authorities target 20,000 properties leased via the Airbnb
FINANCE
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FINANCE
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Greek financial audit authorities target 20,000 properties leased via the Airbnb

Panos - Jul 15, 2019

Greece’s financial audit authorities have targeted 20,000 properties leased via the Airbnb platform which were not declared to the tax…

New Greek Energy Minister to Revive Helliniko and Skouries Projects
FINANCE
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FINANCE
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New Greek Energy Minister to Revive Helliniko and Skouries Projects

Panos - Jul 15, 2019

The new government’s Energy and Environment Minister, Costis Hatzidakis, has said that two of Greece’s biggest investment projects that have…

Greek bond yields dip even lower than US Treasuries
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FINANCE
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Greek bond yields dip even lower than US Treasuries

Panos - Jul 12, 2019

Greece’s borrowing costs have tumbled to a record low — dipping below even the US — thanks to rising hopes…

Greek Unemployment Falls to 17.6 Percent in April, Lowest Since 2011
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FINANCE
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Greek Unemployment Falls to 17.6 Percent in April, Lowest Since 2011

Panos - Jul 12, 2019

The Greek unemployment rate fell to 17.6 per cent of the workforce in April 2019 from 18.2 per cent in…

Greek PM vows tax cuts in first cabinet meet
FINANCE
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FINANCE
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Greek PM vows tax cuts in first cabinet meet

Panos - Jul 11, 2019

Greece’s new conservative Prime Minister Kyriakos Mitsotakis said on Wednesday he would honour a pledge to cut tax that could…

Summer sales start on Monday, Sunday shopping on July 14
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FINANCE
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Summer sales start on Monday, Sunday shopping on July 14

Panos - Jul 09, 2019

The summer sales start on Monday and will end on August 31. The shops in Athens have the option to…

BoG Gov. cites 7 reasons why Greek econ crisis was more intense, lasted longer
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FINANCE
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BoG Gov. cites 7 reasons why Greek econ crisis was more intense, lasted longer

Panos - Jul 05, 2019

Bank of Greece (BoG) Gov. Yannis Stournaras this week cited seven factors that he claims explain the intensity and duration…

Mitsotakis: ND win means immediate start of Helleniko project; Tsipras refers to behind-the-scenes ‘deal’
FINANCE
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FINANCE
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Mitsotakis: ND win means immediate start of Helleniko project; Tsipras refers to behind-the-scenes ‘deal’

Panos - Jul 05, 2019

The stalled Helleniko privatization abruptly surfaced on the heated campaign trail this week, a day after joint ministerial decision was…

Passenger traffic up by 7.6% at Athens International Airport for June
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FINANCE
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Passenger traffic up by 7.6% at Athens International Airport for June

Panos - Jul 04, 2019

Passenger traffic at the Athens International Airport of Eleftherios Venizelos recorded a 7.6% rise for the month of June reaching…

Greek 10-year bond yields falls below 2%
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FINANCE
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Greek 10-year bond yields falls below 2%

Panos - Jul 04, 2019

The Greek 10-year government bond yields fell below 2 percent for the first time on Wednesday, after the announcement Christine…

Piraeus Port gets top prize as best cruise port in East Med
FINANCE
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FINANCE
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Piraeus Port gets top prize as best cruise port in East Med

Panos - Jul 03, 2019

The Port of Piraeus picked up the top award for the best cruise port in the Eastern Mediterranean region by…

EU28 agreed on top EU posts – Ursula von der Leyen to be head of EC
FINANCE
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FINANCE
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EU28 agreed on top EU posts – Ursula von der Leyen to be head of EC

Panos - Jul 03, 2019

The EU28 leaders agreed reluctantly on Tuesday on who should occupy the bloc’s top positions for the next five years,…

BoG monetary report: Greece will miss fiscal, growth targets for 2019
FINANCE
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FINANCE
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BoG monetary report: Greece will miss fiscal, growth targets for 2019

Panos - Jul 02, 2019

The Bank of Greece (BoG) on Monday again sent "shock waves" through the outgoing Tsipras government's economic policy and ministers'…

PPC announces Q1 2019 losses of 205.1 mln€; utility counters that results do not include recent rebates of 121.2 mln€
FINANCE
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FINANCE
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PPC announces Q1 2019 losses of 205.1 mln€; utility counters that results do not include recent rebates of 121.2 mln€

Panos - Jul 01, 2019

The Public Power Corp. (PPC) on Friday reported first quarter 2019 losses of 205.1 million euros, after taxes, an increasingly…