Economy

Granting of research right for hydrocarbon activities in the Ionian Sea and Crete

The decisions by Environment and Energy Minister George Stathakis, regarding the kind of contract and the geographical determination of sea areas in Western Greece...

Increased surplus in the balance of travel services in June

In June 2017, the balance of travel services showed a surplus of 1,9 million euros, up 15.5%, according to information by the Bank of...

Greek short-term bond yields near the levels of 2009

After Fitch Ratings upgraded Greece’s long-term credit standing, short-term government bond yields have dropped up to 3,25%; this rate is near their lowest one...

Revenue from taxes as a result of voluntary disclosure of undeclared income

The deadline for voluntary disclosure of undeclared income ends on September 30th and concerns any amounts that had not been declared by taxpayers up...

Fitch upgrades Greece’s credit standing

Fitch Ratings has upgraded Greece’s credit standing to “B-“ from “CCC”, with positive outlook. “General government debt sustainability will steadily improve, underpinned by on-going...

Bild: “Germany would consider release of Greek bond yields”

Athens can expect funds reaching up to hundreds of millions € yields on Greek bonds held by the central bank of the Federal Republic...

Significant reduction in the unemployment rate

Deputy Employment Minister, Rania Antonopoulou, in her interview to ERT expressed her optimism about the possibility of achieving a reduction of unemployment rate by...

Further relaxation of capital controls on September 1st

A decision referring to regulations for further relaxation of capital controls, effective on September 1, was published according to a decree from the Ministry...

Greece to receive European Commission funding to tackle refugee crisis

The European Commission will fund Greece with over 200 million euro, so that refugees rent houses and improve their living conditions. This program, which...

Resources equal to 36 billion euro for Greece’s economy until 2020

Resources equal to 36 billion euro are made available by the European funds for Greece’s economy, for the programming period up to 2020, according...

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