Stournaras Warns of Penalties for Banks With Non-performing Loan Exposures

Bank of Greece's Yannis Stournaras has issued a stern warning to banks over non-performing loan (NPLs) exposures. On Monday a published interview with the Financial...

Greece Seizes 900 Accounts per Day Over Rocketing Tax Debts

Taxpayers’ arrears to the state rocketed by 5.47 billion euros in the first half of 2017, as Greeks are unable to meet their tax...

HSBC: Greece’s Bailout Exit Plausible, Clean Exit Less So

Greece may be able to exit the bailout programme established by international lenders as soon as this year, banking giant HSBC has said, adding...

Wine Tours in the Historic Wine Region of Peloponnese, Greece

A perfect way to get to know the beautiful Peloponnese region of Greece is to enjoy an amazing wine tour during your visit. Greece...

How Italian Companies Profit from Exports of Greek Olive Oil

The export of the world renowned Greek olive oil is one example of how the country’s productive potential is wasted. According to a report in...

Government Crack Down to Tax Owners who Privately Sublet Rentals to Visitors

According to reports by Euronews, Greece's Deputy Finance Minister, Trifon Alexiadis told the media outlet that the government is planning to crack down on collecting...

Chinese, Russians and Turks Rush to Buy Property in Greece

Chinese, Russian and Turkish citizens are ranked in the top three in terms of the number of recipients of a five-year residence permit from...

Revenue Losses Continue as Piraeus Port Workers Extend Strike

Eight cruise ships carrying more than 9,700 passengers scheduled to dock at Piraeus Port on Saturday might not anchor at all if dock workers...

Turkey to Forbid Tourist Ships with Turkish Flag to Aproach Greek Ports

On Tuesday, Turkey's Transport Minister Ahmet Arslan, banned Turkish leisure boats from reaching the Greek islands; with which they are mainly interconnected, during the...

Athens Concerned it May Be Excluded from TurkStream Gas Pipeline

Athens is concerned that it may be excluded from the Gazprom-backed construction of the Turkish Stream gas pipeline as Slovakia has proposed an alternative route...

Minister of Energy of Israel to Visit Athens to Discuss Israel-Greece-Cyprus Cooperation

The Minister of National Infrastructure, Energy and Water of Israel, Dr. Yuval Steinitz, will visit Athens on Wednesday September 28, where he will hold...

Energean Secures Gas Contracts for Israel Offshore Fields

Greek oil producer Energean has exceeded its target for gas sales contracts needed, before it proceeds with plans to tap two gas fields off...

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