Economy

"The conclusion of this phase inaugurates a period of stability and turn to recovery," government spokesman Olga Gerovasili said during her briefing to the press. By the end of this week the pending measures will be voted by the Greek...

The Hellenic Statistical Authority (ELSTAT) announced the Gross Domestic Product for the 1st Quarter of 2016. Flash estimates show that available seasonally adjusted data indicate that in this period, the Gross Domestic Product (GDP) in volume terms decreased by...

Russian investors are showing strong interest in several sectors of the Greek economy, focusing on transport and inter-regional cooperation, Deputy Foreign Affairs Minister responsible for International Economic Affairs Dimitris Mardas told ANA-MPA in an interview on Thursday. “There is strong...

"For the first time, a government imposes measures of 12 billion euros and celebrates," main opposition New Democracy spokesman Giorgos Koumoutsakos said in a press briefing on Thursday. "Citizens will have to pay for the government's lies. A prime minister...

Creta Farm SA, a Greek-listed food company, on Tuesday signed a loan agreement worth 15 million euros with European Investment Bank. It is the first such agreement signed by EIB in the framework of a support programme offered by...

There is another way for Greece and for Europe, Prime Minister Alexis Tsipras on Monday said referring to the crucial meeting of the Eurogroup and the decision to include the Greek debt in the agenda of the debate. At the...

A draft proposal by the European Commission to break the deadlock on a new debt deal for Greece was leaked on Saturday, ahead of an emergency Eurogroup meeting of Eurozone finance ministers on Monday. The leaked report calls for...

Government officials expressed their content over Eurostat's second bunch of economic figures on the Greek economy in a meeting chaired by Prime Minister Alexis Tsipras on Tuesday. Eurostat's data confirmed the estimates of the Greek government for return to recovery...

European Investment Bank (EIB) is determined and committed to contribute in the recovery of the Greek economy both through funding public and private sector projects and through offering consultancy services, Nicholas Jennett, head of Investment Team Greece and deputy...

The challenges Europe is facing and issues related to the Greek economy dominated Prime Minister Alexis Tsipras' speech at Springer Axel Foundation on Thursday. The Greek prime minister presented the progress of the Greek economic programme as part of the...