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Philip Chrysopoulos

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Germany Opens Door to Last-Minute Deal Between Greece and Creditors

The German government seems to have opened the door for a last-minute deal between Greece and its international creditors, said the German spokesperson for...

Greek Bank Deposit Outflows Continue at Alarming Level

Greek depositors withdrew over 1 billion euros from their bank accounts in the last two days, bringing deposit outflows to the January high levels. In...
National Bank of Greece

Top Economists and Academics Urge EU for Agreement with Greece

Eighteen top economists and academics, including two Nobel prize winners in economics, have signed a joint statement, published in The Financial Times, expressing the...

Economist: Greece Blew the Chance to Make Euro Zone Work Better

"It is depressingly typical for a government that, for all its high popularity at home, has squandered every opportunity to improve its lot, and...

BBC Explains Grexit in Tasty Greek Food Terms [Video]

Those imaginative folks at BBC business news found a rather tasty way to explain what Greece's exit from the euro zone would mean by using gyros,...

Simplification of Customs Procedures for Inward Processing to Boost Exports

General Secretary of Public Revenue Aikaterini Savvaidou plans simplification of customs procedures regarding inward processing as part of an effort to boost exports. Specifically, the general...

Council of State Rejects Appeal Against Skouries Gold Mine

The fifth section of the Council of State on Wednesday rejected a joint appeal by 264 residents of Chalkidiki, in northern Greece, against a...

VideoLottery Terminals to Bring OPAP €1 Billion Per Year

OPAP gaming company anticipates net profits between 800 million and 1 billion euros per year from its VideoLottery Terminals (VLTs) once they start operating. The...

Semantics Important in Greece’s Bailout Extension Compromise

Greece submitted today its proposal to euro zone partners requesting a six-month extension to the existing loan agreement. However, the phrasing is of much importance...

Greek Minister of Transparency Vows to Fight Corruption

Panagiotis Nikoloudis is not a politician, however he was appointed by the new leftist SYRIZA-led government to fight one of Greece's major plights: corruption. The...

Azeri Gas Company Says No to Greece on Gas Pipeline Deal

The Azeri state energy company SOCAR said no to Greece on three requests made by new Greek Minister of Productive Reconstruction Panagiotis Lafazanis regarding...

Cyprus Man Killed by Rocket in Gang Feud

A man was killed by a rocket fired Tuesday night in the Strovolos suburb of Nicosia in Cyprus. Police say the house the rocket was fired...

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