The city of Volos and the villages of Mount Pelion in central Greece were hit by severe floods on Tuesday afternoon. Furthermore, as early as Tuesday, or possibly even before, staying informed about areas at risk from upcoming severe storms could have been as simple as tuning in to weather reports on television. However, the […]

01.08.2020 / 18:27

Between 2021 and 2027, Greece will need to design and implement projects and initiatives worth €70 billion. The absorption of community funding, however, has never been this country’s strong suit.

10.07.2020 / 21:45

I am concerned about the return to normality and the possibility of a fresh flare-up of the coronavirus epidemic. I am more concerned, however, about the normality we’re returning to.

13.05.2019 / 08:21

Political tensions are expected to gradually peak over the next two weeks in the countdown to local authority and European Parliament elections as Prime Minister Alexis Tsipras seeks to wring maximum gain from the relief measures he heralded last week and conservative leader Kyriakos Mitsotakis stresses the government’s shortfalls.

08.09.2018 / 17:25

The government's economic team is reportedly finalizing a package of measures for Prime Minister Alexis Tsipras to announce at his keynote speech at Thessaloniki's International Fair on Saturday evening, which will utilize the record surpluses forseen in the last bailout program, boost SYRIZA's leftist profile but not draw the ire of the institutions.

13.11.2017 / 19:33

One day it’s Skouries, the next it’s Elliniko. Not bad, for a government that at least recognizes the importance of attracting investors and actively tries to convince them to come to Greece.

03.09.2017 / 21:18

Instead of raising state revenues, as was intended, the increased demands on self-employed professionals in terms of taxes and social security contributions have resulted in increased tax evasion, confirming the Finance Ministry’s worst fears.

30.07.2017 / 13:10

Finance Minister Euclid Tsakalotos warns that delays in implementing agreed reforms and measures with the country’s international creditors will maintain a climate of uncertainty and chip away at the country’s credibility.

14.05.2017 / 21:26

Although it appears that there will soon – probably in early June – be an agreement between Berlin and the International Monetary Fund on the lightening of the Greek debt, Athens’s road back to international bond markets remains a long one.

24.04.2017 / 22:47

The draft memorandums of understanding submitted to the Finance Ministry on Monday by the European Commission and the International Monetary Fund provide for the possibility of cuts to supplementary pensions from 2019, the lifting of regulations on Sunday trading, the abolition of the Labor Ministry’s veto on group layoffs and the extension of the collective labor negotiations’ suspension until the end of the bailout program, in the summer of 2018.