Money

Ancient Lydia holds the distinction of creating the first coins in the world; at first not much more than blobs of metal with basic stamps, they soon evolved into beautiful works of art in and of themselves, featuring figures...

Five Greek teenagers have been accused of supplying, possessing, and distributing counterfeit money on Rhodes island.

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 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...

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...

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...

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...

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...

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...

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...