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Greece

Greek Industrialists Warn Economic Climate is Worsening

The chairman of the influential Hellenic Federation of Enterprises (SEV) said that the economic climate in Greece has worsened and issued a warning about the need for restraint in pledges that could derail growth. Speaking on Thursday, Theodore Fessas stressed...

Greek Industrialists Call on Government to Adapt Circular Economy Practices

The Hellenic Federation of Enterprises (SEV) called on the government to adopt a plan for the transition to a circular economy, as proposed by the European Commission, saying that an exit from strict economic supervision should not lead to...

Tsipras Invites Greek Industrialists to Strike 'New Social Deal'

Main opposition Radical Left Coalition (SYRIZA) leader Alexis Tsipras has invited Greece's industrialists to strike "a new social deal for a new Greece" – one aimed at the country's reconstruction and growth – in his address to the Hellenic Federation of Enterprises (SEV) annual...

President of Industrialists of Athens & Pireaus: Greek Economy Entered Vicious Circle

The Greek economy has entered a vicious circle that will be very hard to exit, president of the Association of Industrialists of Athens and Piraeus Dimitris Mathios warned.  He delivered his claim in a circular message to the association's members. This...

Greek Shipowner Who Donated His Wealth to the Armed Forces Dies at 97

Iakovos Tsounis, a Greek shipowner and World War II veteran, died on Saturday at the age of 97.

Trade Union Members Vandalize HQs of Greek Federation of Enterprises (photos)

Members of the Communist-affiliated labor union PAME sprayed red painted slogans on the walls of the headquarters of the Hellenic Federation of Enterprises (SEV) in Athens, on Tuesday. The slogans called for a minimum wage of 751 euros per month,...

Greek Gov't Considers Giving Farm Land to 1,500 Refugees

Greece's Ministry of Migration Policy is preparing a program of job training for refugees, while the Ministry of Rural Development is considering a land concession project for 1,000 to 1,500 refugees. According to a Protothema.gr report, there is cooperation between...

News Websites and Blogs Change the Way Greeks Perceive the News

News websites have totally changed the way people around the world get their daily news and Greece has been no exception. Although a little behind than the rest of Europe in computer literacy, more and more Greeks turn to...

Greek PM Changes Course, Ready to Back Down on Debt Relief Issue

Greek Prime Minister Alexis Tsipras appeared to change his narrative regarding debt relief and seems ready to accept the creditors' position that the debt issue will be discussed again after the end of the current bailout program in the...

Greek Opposition Leader to Meet with German Chancellor, Finance Minister

New Democracy chief Kyriakos Mitsotakis is to meet with German Chancellor Angela Merkel and Finance Minister Wolfgang Schaeuble in Berlin on Monday. Greece's opposition leader will have extensive meetings with the German officials in order to present the party's proposals...

Foreign Media Views CoS TV License Decision as Blow to Greek Government

The international media focused on the blow received by Greece’s media after the Council of State, a top court in Greece, annulled the auction of broadcasting licenses that was held in September. The law that the SYRIZA government had...

European Commission Vice President Says Greeks Unaware of EFSI for Boosting Jobs and Growth

"The most important thing is trust. If investors feel secure about the future of the country, then they will begin investing,” says European Commission Vice-President Jyrki Katainen, responsible for Jobs, Growth, Investment and Competitiveness, to Berlin and Frankfurt, in...

Financial Times: Rich Greeks Survived Crisis, SYRIZA's Bark Worse Than its Bite

Rich Greeks did nothing to help Greece overcome the financial crisis and it is not certain that SYRIZA will implement its leftist policies if they come to power, according to a Financial Times commentary. In commenting on Greece's effort to...

Greek Tax Authorities Find 40 More Evaders from Lagarde List

Prosecutors investigating a list of 2,602 Greeks with 1.5 billion euros ($1.95 billion) in secret Swiss bank accounts have reportedly found that 90 percent of them are tax cheats. The ongoing probe by financial prosecutors, Panagiotis Athanasiou and Galinos Mpris...

Greek Enterpreneurs Want Leftist Party SYRIZA in New Government

Industrialists are asking the participation of a Leftist party in the government, -specifically SYRIZA - who is widely considered to be the big winner of the elections as it succeeded in surpassing PASOK’s percentages. This statement was made by the...