Economy of Greece

No Silver Arrow on Athens-Thessaloniki route just yet

Despite expectations for the use of the so-called Silver Arrow - a high-speed train from Italy - electricity-powered line between Athens and Thessaloniki will employ three Trainose trains that have been renovated by Rosco as of next Monday, General Secretary for Transport Thanos Vourdas announced on Monday.

Athens faces possible sanctions for reducing primary surplus target

Greece may face sanctions from its eurozone creditors that could entail holding back the return of central banks' earnings from Greek bonds, due to plans announced last Tuesday by Prime Minister Alexis Tsipras for reducing the primary budget surplus target from 3.5 to 2.5 percent of gross domestic product, Bloomberg reported on Friday.

European distinction for Bernitsas Law firm

Greek firm Bernitsas Law has been named the Most Innovative Law Firm of the Year in Greece at the 20th International Financial Law Review (IFLR) Annual European Awards.

"Bernitsas won the award due to its role in key transactions of 2018 that will influence legal practice in a number of fields, in Greece and maybe elsewhere," the IFLR said in a statement.

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