European Economy
Economy
Greece Becomes Europe’s Tax-Free Shopping Champion
Greece has became a European champion in regards of tax-free shopping against the background of the turbulent economic situation in the world. The country has become the favored destination for duty-free purchases by visitors from third countries. Although there...
Economy
OECD Forecasts Growth in Greek Economy for the Next Two Years
OECD released its forecast for the struggling Greek economy on Monday, concluding it is likely to experience growth over the next two years.
Business
Greece's Industrial Production Declines Less than Other EU Countries
Industrial production in Greece fell by less than the average decline in the Eurozone, Eurostat said in a report on Tuesday. Production worldwide has greatly slowed down in recent months due to the coronavirus pandemic and its related shutdowns.
However,...
Economy
Obama Discusses Greece in Meeting With European Council President
"We’ll have a chance to discuss the situation in Greece and what more can be done to bolster European growth," said U.S. President Barack Obama ahead of his talks with European Council President Donald Tusk.
President Obama said he believes the...
Economy
White House Is Willing to Become Mediator Between Greece and EU
In an indirect intervention in favor of Greece, in the dispute with the Europeans, proceeded earlier today the White House, during the daily press briefing. According to Washington-based Greek journalist Michalis Ignatiou, the White House intents to assume the role...