Money
Business
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...
Economy
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...
Economy
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...
Economy
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...
Australia
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...
Economy
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...
Business
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...
Greece
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...
Economy
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...
Business
Foreign Investment in Greek Properties Skyrockets in First Half of 2019
According to the latest data published recently by the Bank of Greece, the foreign capital flowing into Greece to buy properties during the first six months of 2019 showed a staggering increase of 49 percent compared to the same...