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Greek stocks ended slightly lower in the Athens Stock Exchange on Tuesday

Greek stocks ended slightly lower in the Athens Stock Exchange on Tuesday

Greek stocks ended slightly lower in the Athens Stock Exchange on Tuesday as the market easily absorbed a wave of selling which prevailed early in the session in the aftermath of a disappointing outcome of a Eurogroup meeting in Brussels on Monday.

The general index eased 0.70 pct to end at 783.03 points, off the day’s lows of 770.78 points. The L

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Disbursement of loans to Greece not linked to debt issue, gov’t spokesman says

Disbursement of loans to Greece not linked to debt issue, gov’t spokesman says

The disbursement of the next installment of loans to Greece is not linked to an agreement on the debt, government spokesman Dimitris Tzanakopoulos said on Tuesday in response to questions. He also expressed certainty that the differences between the International Monetary Fund and the German finance ministry can be bridged before June 15.

“There is

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Bank of Greece: Travel receipts down 7.8 pct in March

Bank of Greece: Travel receipts down 7.8 pct in March

Travel receipts fell 7.8 pct in March to 203 million euros, from 221 million in the same month in 2016, for a decline of 4.8 pct in the first quarter to 513 million euros, the Bank of Greece said on Tuesday.

In a monthly report, the central bank said that this development was mostly due to an 8.1 pct decline in average expenditure per trip, as

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Eurogroup result creates climate of uncertainty in Greek market, says head of trade body

Eurogroup result creates climate of uncertainty in Greek market, says head of trade body

The Greek market is in a climate of uncertainty after the impasse that resulted from the Eurogroup meeting on Monday, the head of the Hellenic Confederation of Commerce and Entrepreneurship (ESEE) said on Tuesday.

“The Eurogroup meeting on May 22, it not only failed to reach a minimum of understanding between the country’s lenders on the debt but, t

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Archbishop Ieronymos sends telegram of condolence over Manchester attack

Archbishop Ieronymos sends telegram of condolence over Manchester attack

“It is with especial grief that I was informed of the tragic incident involving the sudden death and injury of so many innocent young people in Manchester, England,” Archbishop of Athens and All Greece Ieronymos said in a telegram of condolence addressed to the United Kingdom’s Ambassador in Athens Kate Smith on Tuesday.

Expressing his deep

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Pavlopoulos sends condolences to victims’ families of terror attack in Manchester

Pavlopoulos sends condolences to victims’ families of terror attack in Manchester

The general secretary of the Greek Presidency Ambassador Georgios Gennimatas conveyed on Tuesday to the British Ambassador to Greece Kate Smith, Greek President Prokopios Pavlopoulos’ sincere condolences to the families of the victims of the terror attack in Manchester. He also sent wishes for speedy recovery to those injured.

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Communist Party: The people understand that the measures came to stay

Communist Party: The people understand that the measures came to stay

As much as the government attempts to present the debt settlement as an alibi for the harsh antipopular measures they voted, the people understand that the measures came to stay and that the continuation and escalation of the antipopular policy is the prerequisite for whatever debt settlement and whatever recovery of the economy,” said the C

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Public Power Corporation shareholders approve sale of 25 pct of ADMIE

Public Power Corporation shareholders approve sale of 25 pct of ADMIE

A Public Power Corporation (PPC) extraordinary general shareholders’ meeting on Tuesday approved a plan to sell a 25 pct equity stake in ADMIE -the Independent Power Transmission Operator- to the state company DES ADMIE for 295,608,000 euros.

The transaction is expected to be completed by mid-June. State Grid, a Chinese energy group, has won an

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Greek Foreign ministry condemns terrorist attack in Manchester

Greek Foreign ministry condemns terrorist attack in Manchester

The Greek Foreign Ministry condemned on Tuesday the terrorist attack in Manchester.

“We unequivocally condemn the barbaric terrorist attack that was carried out last night at a concert arena in Manchester. We express our sincere condolences to the families of the victims and to the British people and their government,” it said in an announcement.

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We are close to reaching the final agreement, Deputy Economy Min Pitsiorlas says

We are close to reaching the final agreement, Deputy Economy Min Pitsiorlas says

“I believe that an agreement will be reached at the next Eurogroup,” Deputy Economy Minister Stergios Pitsiorlas said on Tuesday in statements to SKAI TV.

“The pressure is reasonable as we are in the final stage of reaching the final agreement,” Pitsiorlas said and added: “It is positive that the surplus target will be 3.5 pct over a five-year perio

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PM Tsipras, main opposition leader Mitsotakis condemn attack in Manchester

PM Tsipras, main opposition leader Mitsotakis condemn attack in Manchester

Prime Minister Alexis Tsipras condemned on Tuesday the terrorist attack in Manchester in a post on Twitter, expressing solidarity with the British people and support to the relatives of the victims.

Main opposition New Democracy leader Kyriakos Mitsotakis also condemned the attack. “Our thoughts and prayers with them. Abhorrence and indignation,” he

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Delays hurt both Greece and eurozone, EU Parliament VP Papadimoulis says

Delays hurt both Greece and eurozone, EU Parliament VP Papadimoulis says

The delays of (German Finance Minister Wolfgang) Schaeuble and the IMF hurt both Greece and the eurozone, the vice president of the European Parliament Dimitris Papadimoulis posted on Twitter.

He underlined that an agreement must be reached on June 15. Papadimoulis also criticized New Democracy and PASOK parties on their stance.

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