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HELEX says net profits down 41 pct in H1

The consolidated net after tax profits of the Hellenic Exchanges-Athens Stock Exchange Group amounted to 3.2 million euros in the first half of 2016, from 5.4 million in the same period of 2015, a decline of 41%. The net after tax profits per share in H1 2016 amounted to 0.03 euros from 0.07 in the first half of 2015.

Group turnover amounted to

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First official flight to newly built Paros airport arrived on Monday

The first official flight to Paros' newly built airport arrived on Monday, when a 78-seat Dash 9 Q400 Olympic Air plane carrying Southern Aegean Regional Authority head Giorgos Hatzimarkos landed on the island. The new airport, which Olympic Air helped to build, is expected to usher in a new era for the islands of Paros, Antiparos and the Cyclades

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Greek stocks end lower

Greek stocks ended lower in the first trading session of the week in the Athens Stock Exchange in very thin trading conditions. Traders said bank shares were at the focus of selling activity pushing the banking index down 5.16 pct. The composite index fell 1.19 pct to end at 564.75 points, off the day’s lows of 563.96 points. The Large Cap index f

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KKE leader Koutsoumbas receives Palestinian ambassador Toubassi

Communist Party (KKE) secretary general Dimitris Koutsoumbas received on Monday at the party's headquarters at Perissos the ambassador of the Palestinian authority to Greece Marwan Toubassi.

The Palestinian envoy briefed Koutsoumbas on the latest developments in Palestine and renewed Palestinian Authority President Mahmoud Abbas' invitation to

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Company set ups surpass closures in H1 2016, report

The number of new set-up companies in Greece totaled 43,846 in 2015, while business closures amounted to 24,846 in the same year, while in the first half of 2016, new set ups totaled 20,345 and closures reached 16,994, Economy ministry said on Monday.

In a report, based the records of a General Commerce Register, the ministry said these numbers

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Tsipras: A new Constitution will be a milestone for Greece

"The 24th of July is a milestone for democracy," Prime Minister Alexis Tsipras said in his message for the 42nd anniversary of the post-Junta period and called on all political and social forces to a broad, open and fruitful dialogue on constitutional reform.

"A new Constitution that will mark the new post-Junta period and will lead to a new

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Finance minister further relaxes capital controls

Finance Minister Euclid Tsakalotos has further relaxed capital controls with a decision published in the government gazette on Friday. This was the 11th ministerial decision referring to capital controls, in addition to two Acts of Legislative Content, issued since July 2015.

The measures chiefly concern new cash deposits made in Greek banks,

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Greek stocks end slightly up

Greek stocks edged higher in the Athens Stock Exchange on Friday in very thin trading conditions as investors remained on the sidelines. The composite index of the market rose 0.51 pct to end at 571.57 points, after falling to 566.44 points early in the day. The index ended the week with a net gain of 2.55 pct, standing 5.43 pct up so far in July

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International N-O-W conference on refugee crisis in Athens on Friday, Saturday

Developments in Turkey and their possible impact on the EU-Turkey deal on migration overshadowed the N-O-W International Mayors' Conference on the refugee crisis that opened its doors in Athens on Friday, bringing together the mayors of Greece, Turkey, Italy, members of the European Parliament and experts on migration issues.

Some delegates said

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Rhodes presents award to Danish tourist that has visited 150 times

Municipal authorities on the Aegean island of Rhodes, one of Greece's top tourist destinations, on Friday presented a special award to Danish tourist Theresa Jette Enevoldsen for her loyalty to the island, which she has visited for her holidays on 150 separate occasions. Enevoldsen, who says she intends to keep coming for many years yet, was

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EU Commission awards extra 82.6 mln euros in emergency funding to Greece

The European Commission has awarded an extra 82.6 million euros in emergency funding to Greece under the Asylum, Migration and Integration Fund (AMIF) and the Internal Security Fund (ISF).

Through AMIF, emergency funding of 24.2 million euros is awarded to the Greek Ministry of Health, for increasing the capacity to provide primary health care to

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HFSF appoints new non-executive council member

The Hellenic Financial Stability Fund (HFSF) on Friday announced the appointment of Dr. Dagmar Valcarcel as new non-executive member of the general council of the fund.

The appointment follows a proposal from the selection panel and the decision of the Ministry of Finance, and takes place according to the procedure of the law 3864/10, as in force,

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Foreign TV programmes to promote tourism to Greece

The British television network BBC2 is planning TV shootings in Thessaloniki and Imathia on 24-31 July, with the support of the Greek Tourism Organisation (EOT), with the view to promoting popular and lesser-known Greek destinations abroad, through the industry of entertainment.

Other "filming trips" with the support of EOT are ongoing in Athens,

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