Economy Watch |

Thessaloniki International Fair attracted around 284,000 visitors in Sept 8-16
There were 283,853 visitors to the 83rd Thessaloniki International Fair between September 8-16, significantly surpassing last year’s total of 263,724 visitors to the fair. “Focusing on extroversion, [...]

615 refugees reach Lesvos over the weekend, total number exceeds 11,000
A total of 615 refugees of different nationalities reached Lesvos over the weekend, pushing the total number of people seeking asylum on the island to above 11,000. On Friday 98 people reached the island, [...]

New relaxation on capital controls very soon, FinMin Tsakalotos says

Economy
European Commission statement on first post-program mission to Greece
Representatives of missions of Greece’s creditors who visited Athens on September 10-14 in the first enhanced surveillance mission to follow the completion of the fiscal adjustment program, said on Friday [...]
Economy
The major reforms are still ahead, ACCI president Constantinos Mihalos says
“Prime Minister announcements are on the right direction; the only issue is the time the measures will be implemented” said Athens Chamber of Commerce and Industry president Constantinos Mihalos [...]
Economy
State privatization fund grants 20-yr extension to Athens Int’l Airport concession
The Athens International Airport (AIA) was granted a twenty-year extension to its concession agreement with the Hellenic Republic Asset Development Fund (HRADF) worth a total of 1.115 billion euros, on [...]

Economy
Agreements must be implemented, EU Commission says regarding Greece
“What was agreed must be implemented,” European Commission deputy chief spokesperson Alexander Winterstein said here on Friday, when asked to comment on reports that Greek authorities and the [...]
Economy
Hellenic Statistical Authority: Number of visitors in museums up in May
The Hellenic Statistical Authority (ELSTAT) announced on Friday the results of the Survey on Museums and Archaeological Sites Attendance for May 2018. More specifically: In May 2018 compared with the corresponding [...]
Economy
286.6 mln euros paid in July 2018 for state arrears to the private sector
The amount of 286.6 million euros was paid in July 2018 for state arrears to the private sector, for outstanding tax refunds and for payment of outstanding pensions, according to the State General Accounting [...]

Tsipras-Anastasiades: Close cooperation the foundation of efforts to solve the Cyprus problem

Politics
Cyprus President Anastasiades in Athens on Monday
Cyprus President Nicos Anastasiades will be in Athens on Monday to meet with Greek Prime Minister Alexis Tsipras ahead of their meetings on the sidelines of UN’s General Assembly in New York. Anastasiades [...]
Politics
Spirtzis: We can’t build Attica’s fire stricken areas as they were before
Infrastructures and Transport Minister Christos Spirtzis in an interview with the Sunday newspaper Documento said that there are solutions for the problems the Attica fire-stricken are facing in the everyday [...]

Politics
Mitsotakis press conference at TIF: We want to reduce taxes and contributions
The main aim of the third programme was not achieved with SYRIZA’s responsibility, said New Democracy (ND) leader Kyriakos Mitsotakis during a press conference on Sunday in Thessaloniki adding that [...]
Politics
PM Tsipras’ press office: Mitsotakis admitted that he will recourse to the IMF
Prime Minister Alexis Tsipras’ press office on Sunday issued an announcement after the end of New Democracy (ND) leader Kyriakos Mitsotakis’ press conference at Thessaloniki International Fair. “In [...]

Tests on air pollution levels in eastern Attica after summer fires are clear

Society
Mostly fair weather and northerly winds are forecast for Monday
Mostly fair weather and northerly winds are forecast for Monday. Wind velocity will reach 6 on the Beaufort scale. Partly cloudy in the northern parts of the country with temperatures ranging from 16C [...]
Society
Police arrest 276 people in western Attica in August on patrols
Heightened police checks aimed at boosting public safety levels have resulted in the arrest of 276 people in the western Attica area in August. Police said on Friday that 12,536 people were checked by [...]
Society
Finnish national arrested in Athens Airport with over two kilos of cocaine
A 53-year old woman from Finland was arrested at Athens International Airport “Eleftherios Venizelos” when she attempted to smuggle to Greece 2,230 kilograms of cocaine. The Finnish arrived [...]

Society
Seven injured in ‘Navagio’ beach cliff collapse on Zakynthos at last count
A total of seven tourists were injured by falling rocks during the collapse of a cliff at Navagio Beach on Zakynthos, based on the last count by Greek authorities on the island. An official announcement [...]
Society
Zakynthos authorities officially close Navagio Beach to bathers, boats
The Zakynthos coast guard announced that Navagio Beach will be officially closed to the public until further notice, while seacraft of all types are banned from approaching or laying anchor in the cove. The [...]
Society
Man, 66, seriously injured in explosion in private home
A seriously injured 66-year-old man was pulled free of the wreckage of a house in the northern Greek city of Ioannina by firemen on Sunday, following an explosion later attributed to a cooking gas canister. [...]

Business
Greek authorities give green light to 300-mln-euro energy project by Mytilineos
Greece’s Energy Regulatory Authority issued a production license for a new electrical power unit of 665 MW by Mytilineos Group to be built in the group’s energy center in Aghios Nikolaos, Viotia. [...]
Business
Eurobank says net profit reached 113 mln euros in H1
“Eurobank continued a solid performance in the second quarter, highlighted by sustained profitability, increased pre-provision income and positive results in the area of non-performing exposures (NPE) [...]
Business
Hellenic Petroleum reports Q2 net income of 66 million euros
Hellenic Petroleum reported on Thursday an adjusted net income of 66 million euros for the second quarter of the year, down 33 percent from the same period last year. The company said that revenues for [...]
Business
Alpha Bank reports 12.3 mln euros profit in H1
Alpha Bank on Thursday reported after tax profits of 12.3 million euros in the first half of 2018. The bank said it retained a sector leading capital position with Common Equity Tier 1 ratio (CET 1) at [...]
Business
Alpha Bank revokes decision to shut down branches on three remote E. Aegean islands
Alpha Bank has rescinded its decision to shut down its branches on the remote islands of Kassos, Lipsi and Tilos, a Shipping Ministry statement said on Tuesday. The bank made its decision following talks [...]
Business
Ethniki Asfalistiki: 127 years at the top of the Greek insurance market
The successful path of Ethniki Asfalistiki has a long history. For 127 years he has been at the top of the Greek insurance market, making his name synonymous with collateral and solvency. Today, despite [...]