Greece
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Government

Greece Aims to Raise Money from Capital Markets by Issuing New 7-Year Bond

Greece opened a book-building process for a seven-year syndicated bond on Holy Wednesday. The Greek government ordered Citi, Commerzbank, Credit Suisse, Morgan Stanley, Nomura and Societe Generale banks to issue the new seven-year bond, as Athens takes action to strengthen...

Greek Government Discusses Coronavirus Impact on Tourism for 2020

The effects of the coronavirus crisis on tourism and the prospects for a dynamic restart when conditions allow dominated a video conference between Greek Prime Minister Kyriakos Mitsotakis, government officials and representatives of the tourism industry on Thursday. During the...

Graph Shows Greece is Flattening the Curve

Government spokesperson Stelios Petsas thanked Greek citizens for their response to the measures to contain the spread of the coronavirus on Monday, as Greece's infection and death rates remain impressively low compared to other EU member states of similar size. Petsas...

Greece Announces New Emergency Measures as Coronavirus Cases Rise to 73

Greek Health authorities announced on Sunday afternoon that seven new cases of the Covid19 coronavirus have been diagnosed in the country, raising the total number of victims to 73. The announcement was made by Sotiris Tsiodras, the Health Ministry spokesperson...

Greece Plans to Scrap Primary Residence Protection, Introduce Individual Bankruptcy

The Greek authorities are planning to introduce to the country's judicial system the institution of individual insolvency, in which a person is able to declare bankruptcy, liquidate his or her property and receive a second chance in life, free...

Greece Appoints Internationally-Recognized Experts to Shape Nation's Growth Plan

The Greek government announced on Thursday the formation of a special commission to draft a new "Growth Plan" for the Greek economy. The commission includes economists and executives who will combine their accumulated academic knowledge, international acumen, market knowledge and...

Government Pledges More Security as PM Mitsotakis Presents New ''DIAS'' Police Unit

Greek Prime Minister Kyriakos Mitsotakis, accompanied by Citizen's Protection Minister Michael Chrysochoides, presented the new ''DIAS'' police unit on Monday in Athens, pledging more security on the streets of Athens and in Greece overall. ''DIAS'' is an already-existing motorcycle unit...

Gabriel Katopodis: The New Minister of Public Works of Argentina is Greek

Gabriel Katopodis, an Argentinian lawyer and politician of Greek descent, was recently appointed as Argentina’s new Minister of Public Works. Katopodis will assume his office on December 10, 2019, along with the new cabinet of President Alberto Fernandez. The 52-year old...

Victoria Government Will Send 22 Students to Greece to Study Democracy

The government of Victoria in Australia recently announced that it will hold a competition for students who would like to travel to Greece for educational tour focusing on civics and Democracy. A total of up to twenty-two students who are...

Greek Primary Surplus Continues to Exceed Targets Despite Tax Cuts

The Greek state budget recorded a primary surplus of 4.479 billion euros in the January-September period over budget targets, for a surplus of €1.467 billion, the country's Finance Ministry announced on Tuesday. There was a primary surplus of 2.523 billion euros...