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Greek Exports Show Signs of Standing Strong Against Global Turmoil

Greek exports have shown signs of withstanding external pressure and the economic and political turmoil that characterizes today's global economy. This was obvious according to the latest figures available concerning the country's exports for 2019, as published recently by the...

Greece Issues Commemorative Coins for 2500th Anniversary of Battle of Thermopylae

Greece will soon issue two commemorative coins to mark 2500 years since the historic battle of Thermopylae, fought in 480 BC. Their official announcement took place recently in Berlin, during the event called the ''World Money Fair 2020,'' which was...

Could 2020 Signal the End for the 1 and 2 Euro Cent Coins?

The fiscal authorities of the European Union are considering the possibility of abolishing the coins which represent the value of one and two euro cents, according to an EU document that recently became public. The European Commission is thinking about...

Greek 15-Year Bond Attracts Record Orders at Very Low Interest

With bids reaching a stunning 19 billion euros, Greece's first 15-year state bond offers book closed in very impressive fashion on Tuesday afternoon. The Greek state had initially intended to withdraw just 2.5 billion euros, but the investor's trust in...

Revenues from ”Tsitsipas Souvlaki” to Be Donated to Australian Bushfire Victims

The Melbourne-based restaurant ''Stalactites'' announced recently that the revenues generated by its limited-edition ''Tsitsipas Souvlaki'' dish will be donated to the victims of Australia's devastating bushfires. This particular Greek wrap sandwich is named after the country's young tennis superstar, Stefanos...

2019 Greek Budget Records Primary Surplus of Almost €5 Billion

The Greek state budget recorded a primary surplus of 4.96 billion euros in 2019, up from a budget surplus target of 4.4 billion and a primary surplus of 91 million euros in the same period in 2018, the Finance Ministry said...

Economic Sentiment Index in Greece Reaches Pre-Crisis Levels

The economic sentiment index in Greece rose to 109.5 points in December, from 107 in November, the Greek Foundation for Economic and Industrial Research (IOBE) announced in a report on Thursday. This is the highest level seen since November of...

Eurostat Survey Finds Greeks Continue to Dine Out Despite Crisis

Despite the substantial decrease in their incomes in the period between 2010 and 2016, Greek citizens seem to have not been very keen to curtail their plans to eat out. This is one of the findings of the statistical service of...

Eurogroup Agrees to Return €767 Million in Bond Profits to Greece

Wednesday's Eurogroup meeting in Brussels approved the return of €767 million in Greek bond profits to Greece, as well as the cancellation of the interest rate hike imposed on part of the European Stability Mechanism's loan to Greece during...