Greek Economy

In a video interview with Greek Reporter, Japonica's founder Paul Kazarian explains his billion dollar investment in Greek bonds and talks about his accounting technique that rates Greece as A+. Paul Kazarian has had a thing for Greece since...

GEK TERNA Group of Companies and York Capital Management, a leading global investment management firm, have reached an agreement for York Capital to invest €100 million in GEK TERNA. The investment will contribute to GEK TERNA’s efforts for ongoing growth...

World Bank's Doing Business 2014 report finds that between June 2012 and June 2013, Greece has made great improvement in the ease of doing business and best practices in starting a business. Doing Business 2014: Understanding Regulations for Small and...

Greek Reporter spoke to a few people who have cheated the system, in order to get an understanding of why some Greeks don't pay taxes. Most of them say, that the tax system is so unfair, they would not...

A few days after the postponing of the discussion for the Greek debt for “some moment in the next summer,” European Commissioner for Economic and Monetary Affairs, and the Euro and vice president of the European Commission Olli Rehn,...

S&P affirmed Greece’s sovereign rating at B-/B with a stable outlook. The investment house believes the Greek economy is rebalancing, as reflected in its reduced current account deficit, notable budgetary consolidation, and improved competitiveness, among other positives. However, it...

The first stage of the troika of lenders' review of the Greek economy has been completed and the representatives are leaving Athens, with agreement having been found only on the closing of the 2013 state budget. According to high-level sources...

Although much of the money goes unused because of bureaucratic snafus and incompetence, Greece still is set to receive a record 7.5 billion euros ($10.15 billion) in European Union subsidies despite criticism over how the monies have been used,...

Greece's main private sector workers union GSEE said in a report on Sept. 5 that three years of austerity measures have cost its members 37 billion euros ($48.5 billion) euros and will push a record unemployment rate of 27.6...

Greece's crisis-hit economy is finally beginning to heal, according to the country's finance minister ahead of a crucial report by the International Monetary Fund which is likely to be more positive than in the past. Yannis Stournaras said "the worst...