In January, Greece managed a primary surplus of $1.07 billion, well above the target of $709.7 million thanks to increases in certain taxes, including corporate taxes, direct taxes and VAT on oil and tobacco products.

Luka Koper recently unveiled the new rail-mounted gantry (RMG) crane rails at its container terminal, the latest improvement to the terminal that will see $248.31 million in investments by 2020.

The Petrol d.d., Ljubljana Supervisory Board recently approved an audited annual report of the Petrol Group and Petrol d.d., Ljubljana, which shows a successful performance last year, resulting in an 11 percent increase in net profit.

Euroins Insurance Group recently released its sales figures for January, which reveal a nearly 47 percent growth in premiums to $27.59 million from $18.81 million in January of last year.

UniCredit recently reached an agreement with the Italian trade unions over its Transform 2019 plan, which includes 3,900 full-time equivalent redundancies, following similar negotiations with trade unions in Germany and Austria.

The Bucharest Stock Exchange (BVB) recently launched Made in Romania, a new initiative that will identify and guide 15 emerging, innovative Romanian companies chosen based on their potential to promote overall growth in the country’s economy.

Banca Intesa is leading the housing loans segment with a 23 percent market share in 2016, a year that saw significant increases in the amount and number of loans offered by the bank, according to a company release.

Bucharest Stock Exchange (BVB) recently clarified its pricing structure for companies seeking to be listed on its exchange, highlighting processing, admission and yearly maintenance fees for both the main market and AeRO, its market for small- and medium-sized enterprises.

The recent Capital Market of Romania – Next Capital Developments conference, organized by the Bucharest Stock Exchange (BVB) and the National Bank of Romania (BNR), heavily focused on the country’s growing capacity to be designated an emerging market, according to a BVB release.

Vojvodjanska Banka recently reported on its latest meeting between the Presidency and Steering Committee of the Forum for Responsibility, during which members discussed its plans for the upcoming year.

J&P AVAX SA recently will absorb two of its wholly owned subsidiaries, E-Construction SA and PROET SA, a move it has disclosed in compliance with Greek law.

International maritime corporation GasLog recently acquired a 20 percent stake in Greece’s Gastrade S.A., which is behind the development of a floating LNG receiving, storage and regasification unit (FSRU) offshore of Alexandroupolis.  

With the publication of the Financial Supervision Commission’s balance sheet review, which confirmed compliance of Euroins Insurance Group AD (EIG) and all of its subsidiaries, the group now considers its capitalizing plan to be finalized.

The Hellenic Banking Association (HBA) recently released the results of a study of Greece’s banking sector a year and a half into the imposition of capital controls, offering a snapshot of the country’s crisis-battered industry.

Condor, a low-cost airline, will be offering direct flights between Thessaloniki and Frankfurt this summer, flying on Tuesdays and Fridays through October.

Greece Finance Minister Euclid Tsakalotos recently met with creditor’s representatives in Brussels, where he maintained the Greek position on discussions surrounding the country's bailout program.

Union of the Greek Shipowners (EEE) President Theodore Veniamis outlined the organization’s efforts to push the European Union to recognize the International Maritime Organization (IMO) as a benchmark at a recent EEE meeting.

An Athens court recently furthered efforts to restructure supermarket retailer Marinopoulos by removing Tuesday's deadline for the resolution of third-party demands in the company’s bankruptcy.

European Commission President Jean-Claude Juncker recently spoke to German radio station Deutschlandfunk about the beleaguered Greek bailout program, criticizing the International Monetary Fund (IMF).

Following June 2015’s imposition of capital controls in Greece, the country has seen a marked increase in electronic transactions, particularly in contactless payments.