Greece
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Greece needs €100b debt relief as permanent depression looms
ATHENS: In a stark analysis, the National Institute of Economic and Social Research (NIESR) laid bare the impact of VAT...
ECB leaves stopgap funding for Greece banks unchanged
ATHENS: The European Central Bank decided Wednesday to leave its emergency credit lifeline for Greece unchanged for the next two...
Tsipras in Egypt for Inauguration of New Suez Canal
ATHENS: Alexis Tsipras Greece Prime Minister Alexis Tsipras will visit Egypt on Thursday (August 6) to participate in the inauguration...
Danish travelers strands at Greece airports due to afternoon strike
COPENHAGEN: A few Danish travellers could be stranded this afternoon when airports throughout Greece are shut down by striking workers....
Athenian shipbrokers S.A. demolition quick update week 31
ATHENS: With end buyers in the sub-continent having essentially withdrawn any interest for obtaining new tonnage, the market is at...
Diana Containerships charters post-panamax to Maersk worth $14,750 per day
ATHENS: Diana Containerships has fixed a post-panamax boxship on a six- to nine-month timecharter to Maersk. The Great (5,576 teu,...
Greece 13% business owners move their companies abroad
ATHENS: According to a CNBC report, Philip Ammerman, a Greek-born investment advisor who moved his business from Athens to London...
Greece companies lose 85% of their value since 2007
ATHENS: A lot has changed between 2007 and 2015. One of the major changes in the economic sector was the...
Greece 13% business owners move their companies abroad
ATHENS: According to a CNBC report, Philip Ammerman, a Greek-born investment advisor who moved his business from Athens to London...
Greece’s markets down 4.5% in early trade
ATHENS: AS Greece stocks were down 4.5% in early trade today, dragged down by another near 30% plunge in banking...
Greece stocks plunge most in decades as market reopens to crisis
ATHENS: Greece’s stock market reopened after five weeks to the most savage wave of selling in decades, underlining a crisis...
Eagle bulk shipping’s Short interest rises by 94.9%: EGLE
ATHENS: Eagle Bulk Shipping logoShares of Eagle Bulk Shipping were the recipient of a large increase in short interest in...
Analysts expect Athens stock market to fall 20% when reopened
ATHENS: The Athens Stock Exchange will plunge by as much as 20% on Monday when trading resumes after a five-week...
Greece may seek €24 billion in first draw from bailout aid
ATHENS: Greece may seek 24 billion euros in a first tranche of bailout aid from international lenders in August to...
Greece financial markets to reopen after five-week shutdown
ATHENS: Greece’s financial markets will reopen on Monday, ending a five-week suspension that began after the country imposed capital controls...
Leixões cruise terminal to welcome 130,000 passengers a year by 2018
ATHENS: The new cruise terminal at Leixões in Matosinhos, near Oporto, which was formally inaugurated last Thursday afternoon, is expected...
Suez Canal begins trial operations after its expension
ATHENS: Trial operations will begin on the new Suez Canal expansion project this Saturday, before the new channel is officially inaugurated on...
TCG sees $100m loss in revenue due to Greece, Tunisia turmoil
ATHENS: Thomas Cook Group Plc said the impact of terror attacks in Tunisia, political and financial turmoil in Greece and...
Greece creditors reach Athens to discuss 3rd euro bailout deal
ATHENS: Greece News International Business News Breaking International News Athens News Europe News Europe Business News Negotiators from Greek creditors...
Greece remains eurozone’s biggest threat: moody’s
ATHENS: Despite the fact that the tension between Greece and its creditors has smoothed out, the country still poses a...
