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Money

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...

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...

Greece To Launch New 7-Year Bond, Says Public Debt Management Organization

Greece's Public Debt Management Organization issued an announcement on Monday notifying the Athens Stock Exchange that the country will soon be ready to launch a new seven-year bond. For this reason, the new leadership of the Finance ministry has already...

New Surveillance System to Monitor the Aegean for Athens and Brussels in Real Time

A new, state-of-the-art integrated maritime surveillance system will be developed in the Aegean Sea, as the European Internal Security Fund  has decided to grant Greece €50 million to develop the system. Once deployed, the new surveillance system will allow the...

Hellenic Initiative’s Annual ”Montreal Cocktail” Gala Raises a Stunning $200,000

"The Hellenic Initiative Canada'' (THI Canada) managed to raise a whopping $200,000 on May 30, as a result of hosting its second-ever ''Annual Montreal Cocktail'' event. The night was dedicated to and focused on the amazing work of doctors who...

The Most Expensive Greek Football Transfers in History

Football transfer procedures always involve a great deal of money by anyone's measure, and Greek football players and clubs know that very well. These amounts of money seem to increase every single year, with Greek and foreign football clubs spending more...

World's Safest Currency? New €100, €200 Banknotes Enter Circulation in Europe (video)

The new €100 and €200 euro banknotes officially entered circulation across the Euro Area on May 28. The European Central Bank (ECB) can now pride itself for having developed some of the world's most sophisticated security features for currency. The...

Salaries And Benefits of MEPs Dazzle Europeans In a Time of Austerity

With the European elections now behind us and political parties across the Union counting their gains and losses, the issue of the salaries and benefits enjoyed by Europe's 751 MEPs, surfaces yet again, causing widespread debate. As the official website...

Greece Becomes the Second Largest Investor in North Macedonia

Greece's importance in the economy of North Macedonia is becoming even more clear after the ratification of the Prespa Agreement, as the country became the second largest investor in North Macedonia for the year of 2018. The role of Greek businesses...

Greeks Paid More Than €8.3 Billion in Taxes in 2018

Greece’s Independent Authority for Public Revenue published figures on Thursday regarding the amount of taxes Greek citizens paid in 2018. According to the data, a total of 8,907,722 Greek taxpayers paid €8.328 billion in taxes in 2018 on combined declared incomes...