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Business sentiment in decline
By Chryssa LiaggouBusiness sentiment and consumer confidence were in decline in March, according to a monthly survey conducted by the Foundation for Economic and Industrial Research (IOBE) and publish...
Ministry headache over T-bills
By Sotiris NikasThe Finance Ministry is trying to find a solution to cover treasury bills to be issued next Wednesday, while the payment of the next tranche to the International Monetary Fund the foll...
Lafazanis reaches preliminary energy package deal in Russia
By Chryssa LiaggouEnergy Minister Panayiotis Lafazanis told a press conference in Athens on Tuesday that his visit to Moscow this week has paved the way for a package agreement between Greece and Russ...
Bank recap cash can’t be used for other purposes
By Yiannis PapadoyiannisThe government’s plans to utilize unused funds from the banks’ recapitalization process to tackle the huge problem of bad loans have run into an obstacle in the form of the...
EIB said to have frozen funding
31/03/2015 22:56
By Evgenia TzortziThe European Investment Bank is said to have frozen funding for small and medium-sized Greek enterprises (SMEs), citing developments in the negotiations between Greece and its credit...
Finance Ministry officials to discuss talks progress as EU pushes for action
31/03/2015 22:41
After several days of talks between representatives of Greece’s government and its creditors in Brussels on a proposed list of economic reforms, eurozone finance ministry officials are to discuss pr...
EU banks watchdog calls for fast solution on Greece
31/03/2015 21:23
The head of Europe’s banking supervisory authority, Daniele Nouy, on Tuesday called for a rapid solution to Greece’s debt problems in order to reduce the uncertainty for the banking sector.Nouy, w...
Greek telecom group Forthnet maintains 2014 revenues stable
31/03/2015 21:21
Listed Greek telecom firm Forthnet on Tuesday announced it has maintained its 2014 group revenues stable (down 0.1 percent) from 2013, against a backdrop of tough competition and a drop in the fees of...
Bank stocks post huge losses in Q1
31/03/2015 21:02
With the omens from the negotiations in Brussels being far from positive on Tuesday, the benchmark of the Greek stock market ended the month of March with losses of 11.93 percent, while banks declined...
Trial of suspects in Salamina torture case starts
31/03/2015 20:54
The trial of four men accused of torturing an Egyptian bakery worker on the island of Salamina in the summer of 2012 is to resume on April 30 after the victim, Walid Talb, and several witnesses gave t...

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