Economy
Economy
Greece's Interior Min Skourletis Says Program Review to Conclude Soon
The program review will soon be concluded, Interior Minister Panos Skourletis said on Monday in an interview with ANT1 TV, adding that the government is trying to solve the pending issues that cause insecurity with the best possible conditions...
Economy
Eurostat: Three Greek Regions Rank Among the 20 Poorest in EU
Three of Greece's 13 regions -- Eastern Macedonia-Thrace, Epirus and Western Greece -- were among the 20 poorest regions in the European Union in terms of per capita GDP in 2015, according to figures released by Eurostat on Thursday....
Economy
Mitsotakis: Greek Economy Is in a 'Tragic State'
The real economy is in a tragic state and this was confirmed by the revised data on Greek GDP for the fourth quarter of 2016, which showed that the economy shrank more than expected, the leader of New Democracy...
Economy
Bruegel Think-Tank: Without Sustainable Debt Relief, Greece Will Need 4th Bailout
According to a leading think-tank, the Greek economy will not be able to rebound by the end of its third bailout program and will need a fourth bailout from its international lenders if it doesn't get debt relief.
Bruegel, the...
Economy
European Commission Expects 2.7% Growth in Greek Economy in 2017
The Greek economy grew 0.3 percent in 2016 and is expected to grow by 2.7 percent this year and by 3.1 percent in 2018, the European Commission said in its winter forecasts.
The EU's executive, in a report released on Monday,...
Economy
BoG Study: From 2008-2016 Greek Households Saw a 37.5 % Decline in Wealth
On Wednesday a study published in the Bank of Greece’s Economic Bulletin revealed that Greeks have seen their salaries shrink considerably in the period between 2010 and 2016.
The study showed that in Greece annual households disposable income decreased by...
Economy
Dijsselbloem: Trust Is an Issue as Greece 'Faces More Fundamental Problems, Economic and Institutional'
Greece faces more fundamental problems than the other EU member-states that joined a bailout program in recent years, Eurogroup President Jeroen Dijsselbloem said on Tuesday, during a speech at an event organized by Belgian newspaper L’Echo in Brussels.
Commenting about...
Economy
Schaeuble Not Compromising Debt Relief for Greece, Preparing to Go Ahead Without IMF
Following the continuing position of the International Monetary Fund (IMF) saying that it will only consider being involved in the last bailout for Greece if the deal includes debt relief for the country, the German Finance Minister, Wolfgang Schaeuble...
Economy
Tsipras-Mattarella Meet to Discuss Common Challenges in Economy and Migration
Greece and Italy are united by the common challenges they face in economy and migration, Prime Minister Alexis Tsipras told Italian President Sergio Mattarella on Tuesday, welcoming him at Maximos Mansion.
“Today we stand as EU countries, as Eurozone countries,...
Business
Paypal: How Greek Merchants Can Export More in 2017
According to the PayPal and Ipsos Report titled How Greek Merchants Can Raise Their Cross-border Trade in 2017, Greek merchants have a few different resources available to them in order to accomplish such a task, as detailed below.
PayPal and...