Economy

The Greek Finance Ministry sent to the European Stability Mechanism (ESM) on Monday evening the government's proposal for the repayment of part of the loans Greece has received from the International Monetary Fund (IMF). There has not yet been an...

2018 was another record-breaking year for tourism as Greeks went abroad approximately eight million times between January 1 and December 31. According to the latest figures available from the Bank of Greece, trips abroad saw an increase of approximately 300...

The Greek state budget recorded a primary surplus of €1.85 billion in the first quarter of 2019, up from a surplus of €840 million in the same period last year, the Bank of Greece said in a report released...

China’s Cosco shipping consortium is expected in the coming days to re-submit its multi-million-euro investment plan for Piraeus to the country's Committee of Planning and Development of Ports. The submission will include the company's comments on the previous report issued by...

The Federation of Hellenic Associations of Travel & Tourism Agencies revealed on Friday that thus far, an increase of approximately fifteen percent has been recorded in bookings by Greeks for Easter vacations in Greece or abroad. The booking figures seen...

Greece officially joined the ''Cooperation between China and Central and Eastern European Countries'' Group, which had been known as ''16+1,'' on Friday. At the end of Friday's session, Greece will officially become the seventeenth member of the ''16+1'', which will...

Greece's Labor Ministry plans to introduce over the following days the ''Valid Reason Principle'' into Greek law regarding workers losing their jobs due to redundancy. The new bill will soon come before the Greek Parliament for a discussion and a...

The Greek Government intends to join the ''16+1 Group'', comprising number of Central and Eastern European States which have close ties with China. The news comes from a report in the British Financial Times newspaper published on Thursday, ahead of...

Greece's Agricultural Development and Foods Ministry announced on Wednesday that it gained an exemption from an approximate ten percent levy on Greek feta cheese from the US' Trump administration. The American government plans to impose tariffs on EU products worth...

Thursday brought some good news for the Greek economy as the country's government bond yields continued their downward trend, reaching the lowest levels seen in more than thirteen years. More specifically, Greece's 10-year bond yield reached 3.36 percent, which is...