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Fitch Raises Greek Sovereign Debt Rating
Greece has seen an improvement in its sovereign debt score, with Fitch moving its rating up to 'B' from 'B minus'.
The international credit rating...
Greece's General Accounting Office Delays Payment of State Debts to Private Sector
Greece's General Accounting Office has failed to repay outstanding debts to the private sector on time, a prerequisite for the disbursement of the bailout...
Greek Banks Have Adequate Capital to Fund Real Economy
Greek banks have adequate capital to fund the real economy, both business activity and the retail commerce sector, focusing on commercial credit, bank officials...
Greek Pensioners Protest While Parliament Discusses One-off Bonus
About 4,000 pensioners on Thursday demonstrated outside the Greek Parliament while lawmakers were voting for the one-off bonuses Prime Minister Alexis Tsipras has promised.
As...
Greeks Still Opting to Hide 'Mattress Money' Instead of Depositing in Banks
It appears that the Greek government lifting controls this summer on new money entering bank accounts has done very little to actually impact the...
Greek Economy Grows 1.5% in 3rd Quarter
The Greek economy grew 1.5 percent in the third quarter of 2016, laying the foundations for its return to positive growth rates in 2017. The...
Greek Budget Revenues Surpass Targets for October by 21.37%
Greek budget revenues significantly surpassed targets in October by 835 million euros, or 21.37 percent, the General Secretariat for Public Revenue said on Thursday.
In...
Five Britons Arrested on Greek Island of Zakynthos for Using Counterfeit Euros
Five Britons, four of them 20 and one 21-year-old, were arrested on Wednesday in the village of Laganas on Zakynthos alleged to have used...
Poll: 8 in 10 Greeks Believe Government Incapable of Ending Austerity
A new opinion poll registers the pessimism of Greeks regarding their government's capabilities as eight out of ten participants believe the SYRIZA-ANEL coalition is...
Greece's General Secretariat for Public Revenue Becomes Independent in 2017
Greece's General Secretariat for Public Revenue will become independent as of 2017, free from state control and monitoring, and with a European Commission expert...