The Hellenic Confederation of Commerce and Entrepreneurship (ESEE) has identified serious irregularities in the functioning of the banking system in Greece, noting that, in addition to charging high interest rates, Greek banks are not fulfilling their essential role, that of granting loans. According to the most recent data from the European Investment Fund, “The European …
File photo. [Giorgos Vitsaras/AMNA] In his first public comments since being expelled from the New Democracy party, former Greek PM Antonis Samaras launched a fierce attack on the government, particularly its foreign policy. Speaking at a conference on Greek foreign policy, Samaras addressed the reasons behind his expulsion, calling it a premeditated decision. He said, …
TRIESTE – As silently as they had arrived, three teenagers slipped away following a member of a smuggling gang, hardly older than themselves, through the shadowed-filled station in the northeastern Italian city of Trieste one cold winter evening. Less than 100 km (62 miles) from the Italian border with Slovenia, Trieste’s central station was just …
The taxes that individuals and businesses must pay during December amount to 5.5 billion euros. The payment of income tax, Single Property Tax (ENFIA), value-added tax (VAT) and road tax are the most important obligations that taxpayers must cover by December 31. At the same time, declarations must be submitted for retroactive amounts received by …
[vidarchives.gr] One of the sweetest business marriages has now become a reality, with the announcement on Thursday of the completion of the acquisition of the Lavdas candy factory by the ION chocolate industry. The relevant agreement was announced last June and provides that Lavdas will continue to operate as an independent company but with the …
Before this year, Tobias Kammann, a German container ship captain, had only once sailed around the southern tip of Africa, and the lack of other vessels in the little-trafficked waters made him feel very much alone. But these days, there are so many ships there, he said, that “it’s a bit like the autobahn.” To …
The ongoing legal battle between the Republic of Cyprus and Greek contractor Intrakat over the Paphos-Polis highway project is continuing to evolve into a complicated mess with multiple court cases in play. The central issues include the forfeiture of project guarantees worth 10 million euros, along with millions in damages, all stemming from the termination …
Syrian refugees Najem Al Moussa, 36, his wife, Bushra Al Bukaai, 30, and their youngest son, Oday, 3, watch news on the events in Syria in their apartment in Athens, Tuesday. [Louisa Gouliamaki/Reuters] Najem al-Moussa was delighted when news of Syrian President Bashar al-Assad’s overthrow first beamed from the television in his tiny Athens apartment. …
Conservation work inside a monastery near the town of Aigio in the Peloponnese has revealed a mural of Constantine XI Palaiologos (1405-1453) that an expert says is the only known living portrait of the last Byzantine emperor. The find was made in the catholicon of the Old Monastery of Taxiarches in Aigialeia, some 15 kilometers …
[TNH/Dean Sirigos] The American Hellenic Institute (AHI) marked its 50th anniversary and the 50th year since Turkey’s invasion of Cyprus at its 20th Annual Athens Awards Dinner on Tuesday at the Grande Bretagne Hotel in Syntagma Square. Honorees included US Ambassador to Greece George Tsunis and philanthropists Athanasios and Marina Martinos. Representing Prime Minister Kyriakos …