Greek Economy

The possibility of the EU further expanding the sanctions against Russia over the Ukrainian crisis has caused serious concern amongst various producers and exporters in Greece as daily To Vima online reports today. A meeting at the Foreign Affairs...

For the first time since the end of 2009 the spread of Greek bonds, especially decade-bonds ending in 2023 reached 500 points. This means that their yield is 6.6%. The purchase of Greek bonds by foreigners has been moving at...

According to Knight Frank’s 2014 Wealth Report, in the Greece of crisis and recession, millionaires still exist. According to the survey, which was published on Wednesday, March 5, there are 721 multimillionaires in Greece compared to 571 in 2003 and 709 in...

Greece's current account balance showed the first annual surplus since 1948 in 2013, the Bank of Greece said on Wednesday. In a report, the central bank said that the current account balance showed a surplus of 1.2 billion euros last...

Greece 's Gross Domestic Product (GDP) dropped by 3.7% in 2013, statistics data showed on Friday. The result is less than a 4 percent contraction forecast by the government and the country's lenders, the European Union and the International...

An article was published in the German newspaper Bild entitled “The Greeks are richer than us,” in which a journalist justifies his opinion explaining various reasons of how he has developed this opinion. “The figures are official. The average wealth...

The president of the Association for Medicinal and Aromatic Plants of Greece (EAFFE), Katerina Grigoriadou, declared that the industry intends to expand into the international market. “The market for aromatic plants can bloom outside Greece,” she said. “Such a development...

The time hasn’t come yet for Greece to open itself to markets, supports the economist Anastassios Frangulidis. "An exit path however is visible and this is something that the Greek people are also starting to realize." "Greece will be able...

President of the Republic, Karolos Papoulias appeared optimistic regarding the Greek economy. Speaking to reporters after a meeting with the country's political leadership on Wednesday, where wishes for the New Year were exchanged, he said he was confident that...

  According to the Greek newspaper "To Vima," the European Commissioner for the Internal Market, Michel Barnier expressed his opinion that the Greek economy will not only recover, but that Greece will also be among those in a most advantageous position. Barnier, who...