Economy Watch |

21072018Headline:

Turkish courts once again refuse to release Greek soldiers held in Edirne prison

EU-Japan free trade agreement to boost trade between Greece and Japan
The EU-Japan free trade agreement signed in Tokyo on Tuesday will boost trade between Greece and Japan, according to a European Commission infographic, one of several detailing benefits to European countries. Titled [...]

Council of State rejects arguments to annul Greece-FYROM agreement
The Council of State on Tuesday rejected on Tuesday arguments by the National Federation of Cultural Associations of Macedonians and 13 overseas Panmacedonian Unions for the annulment of the Greece-FYROM [...]

HFSF selects Pavlos Mylonas as new CEO in National Bank

Economy
Representatives of the disabled meet with FinMin over tax, pension issues
Finance Minister Euclid Tsakalotos said he would look into exempting people with advanced disabilities from taxation regulations kicking in on January 1, at a meeting on Tuesday. The president of the National [...]
Economy
OECD report: Employment in Greece rate up to 54.1 pct in Greece
The employment rate in Greece grew to 54.1 pct of the working population aged 15-64 in the first quarter of 2018, from 53.8 pct in the fourth quarter of 2017 and 52.8 pct a year earlier, the Organisation [...]
Economy
Recovery of Greek labor market weak, says ICAP in a study
The recovery of Greece’s labor market is weak, said ICAP Name(required) Email(required) Website Message yyy released Tuesday, adding that unemployment [...]

Economy
SEV: Consumers can save 300 euros per year from sales and discounts
Consumers can save more than 300 euros per year by taking advantage of sales and discounts at super markets that have led to a drop in prices in most categories, while keeping a lid on price hikes on other [...]
Economy
Greek merchant shipping fleet up in numbers, down in volume in May
The Greek merchant shipping fleet grew in numbers but fell in volume in May, Hellenic Statistical Authority said on Tuesday. The statistics service, in a monthly report, said that the merchant shipping [...]
Economy
Dragasakis: We are implementing reforms that reduce inequalities and improve employment
Government vice president and Economy and Development Minister Yiannis Dragasakis in an interview with Euronews on Tuesday presented the development plan after Greece’s exit from the programme. He [...]

New Democracy criticises government handling of case involving Russian diplomats

Politics
Gov’t to use all diplomatic means for release of two Greek soldiers, Tzanakopoulos says
“The government will continue to make use of all the means of political pressure, all diplomatic and legal options” to secure the release of two Greek soldiers held in Edirne since March without [...]
Politics
Commissioner Hahn launches screening process for 2019 accession talks with FYROM, Albania
The European Union officially launched the preparatory work towards the opening of accession negotiations in June 2019 with the Former Yugoslav Republic of Macedonia (FYROM) and Albania, when Johannes [...]

Politics
Foreign Ministry invites legal experts to discuss Greece-FYROM name agreement
Academics and lawyers will examine the legal aspects of the Prespes Agreement, signed between Greece and the Former Yugoslav Republic of Macedonia (FYROM) in June, at a one-day meeting at the Foreign Ministry [...]
Politics
PM chairs SYRIZA Political Council meeting on post-programme strategy
SYRIZA’s strategy after August 20 when Greece exits the programme was the main focus of a SYRIZA Political Council meeting held on Tuesday, chaired by Prime Minister Alexis Tsipras. Party sources [...]

Less corruption in Greece in 2017

Society
Everything ready for Scorpions ‘Once in a Lifetime’ concert in Athens
Everything is ready for the Scorpions concert “Once in a Lifetime” to be held on Monday evening, in the ‘Kallimarmaro’ Panathenaic stadium in central Athens. The veterans of the [...]
Society
Fifty-six irregular migrants located on a sailing boa in Ionian sea
Fifty-six irregular migrants were located late on Sunday on a sailing boat between Aitoloakarnania and Lefkada. The 44 men, four women and eight children were transferred to a closed gym in Astakos. Two [...]
Society
Former minister Papantoniou summoned to testify before anti-corruption prosecutors
Former minister Yannos Papantoniou was served with a summons on Friday by two anti-corruption prosecutors to testify over Swiss bank accounts that are allegedly tied to him personally, in an ongoing armaments [...]

Society
Judges agree to extradition of alleged operator of BTC-e bitcoin scam to France
A Thessaloniki Appeals Justices Council on Friday decided to grant a request by French authorities for the extradition to France of alleged BTC-e bitcoin exchange operator Alexander Vinnik, 39, to face [...]
Society
Diavata prison guard caught smuggling inn cannabis
A prison guard at the Diavata prison in Thessaloniki has been arrested after attempting to smuggle in cannabis, the Justice Ministry said on Friday. Authorities said they had been tipped off about the [...]
Society
Police detain two members of Rouvikonas ‘acting suspiciously’ near Austrian embassy
Two members of the antiauthoritarian group Rouvikonas were detained and taken to the Attica police headquarters on Thursday, after they were spotted “acting suspiciously” in the vicinity of [...]

Business
DEPA buys remaining equity stakes in EPA Attica, EDA Attica for 150 mln euros
DEPA announced the signing of an agreement for the acquisition of 49 pct of shares of natural gas distribution and supply companies of Attica, taking full ownership of the two companies (DEPA had already [...]
Business
OTE Group successfully completes sale of 400-mln-euro bond loan
OTE Group on Thursday announced the successful completion of a bookbuilding process to issue a four-year bond loan worth 400 million euros. In an announcement, OTE Group said the issue was around five [...]
Business
ADMIE to invest more than 2.1 bln euros by 2024
ADMIE, the Independent Power Transmission Operator, on Thursday announced plans to invest more than 2.1 billion euros on a project for the electricity interconnection of the Cyclades islands and Crete [...]
Business
Attica Bank to protect its good reputation, chairman says
Attica Bank on Monday announced a series of actions aimed to protect its good reputation following criticism made by National Defence Minister Panos Kammenos over the involvement of the bank’s executive [...]
Business
S&P upgrades National Bank’s covered bond credit rating to investment grade
Standard & Poor’s announced the upgrade of National Bank of Greece’s three-year covered bonds worth 750 million euros to the BBB- credit rating, four notches above the country’s [...]
Business
Piraeus Bank to continue e-auctions of property assets
Piraeus Real Estate, in cooperation with Piraeus Bank, plans to continue e-auctions of property assets included in the properties4sale.gr platform, as part of a strategy to actively manage its real estate [...]