20092019Headline:

Amendment to the draft law on an out-of-court mechanism passes in parliament

An amendment submitted to the draft law on an out-of-court mechanism to restructure company debts was passed with with 149 votes in favour in Parliament on Friday. All the opposition parties voted against (97 votes).

Eupalinos Tunnel, a masterpiece of ancient engineering opens to public

The Tunnel of Eupalinos, one of the most extraordinary monuments of craftmanship and construction (1,036 metres carved inside the mountain that towers over the town of Pythagorio on the island of Samos) will be very soon accessible. The Culture [...]

Ionian Hotel Enterprises reports lower 2016 results

Ionian Hotel Enterprises SA on Friday said its EBITDA totaled 6.2 million euros in 2016, from 6.8 million euros in 2015. The company’s turnover -operator of Hilton Athens- was 29 million euros last year from 29.8 million in 2015, while [...]

Number of stranded migrants and refugees on Lesvos falls under 3,000 for the first time

The number of migrants and refugees stranded on the island of Lesvos dropped, for the first time, under 3,000 according police figures. On Friday, 2,999 migrants and refugees were recorded on the island of Lesvos from 5,591 that were recorded [...]

Viokarpet reports improved 2016 results

Viokarpet Group on Friday said sales grew to 85.57 million euros in 2016 from 81.41 million in 2015, an increase of 5.1 percent. Exports totaled 47.55 million euros from 46.38 million, respectively for an increase of 2.52 pct, accounting for [...]

Tsipras sentenced Greece with fourth memorandum, ND spokesman Kikilias claims

Alexis Tsipras sentenced the country with a fourth memorandum without funding and turned his own failures and his personal political defeat into misery for our people, stated main opposition New Democracy (ND)spokesman Vassilis Kikilias in an [...]

Use of POS rapidly growing in Greece in the last two years

Use of POS is rapidly growing in Greece in the last two years, following the imposition of capital controls in the market and the introduction of recent legislative moves on plastic money. Cardlink, a POS manufacturer, said a total of 60,000 [...]

PM Tsipras: Greece is exiting the default chaos

Greece is exiting the default chaos that New Democracy has caused, Prime Minister Alexis Tsipras on Friday said in Parliament during a debate on the extrajudicial settlement. Tsipras underlined that since April 7 (New Democracy leader Kyriakos) [...]

SETE: The danger of Greek hotels passing into foreign hands is very smal

The danger of Greek hotels passing into foreign hands is very small, the president of the Greek Tourism Confederation (SETE) Andreas Andreadis said in statements to the Athens Macedonian News Agency (ANA). Andreadis’ term as president [...]

Informal Meeting of EU Foreign Ministers to focus on FYROM and Greek-Turkish relations

The Informal Meeting of EU Foreign Ministers to be held on Friday in Valletta will focus on key issues of Greek interest, the internal developments in Turkey and Turkey-EU relations, as well as the turbulent situation created yesterday in FYROM. Greek [...]