Economy

Larger than estimated the oil reserves in Western Peloponnese

Compared to the initial estimates, the oil reserves in Katakolo are four times larger, with proven reserves amounting to 10.7 million barrels instead of...

Budget for 2018 passed by Greek Parliament

Following a five-day parliamentary procedure, where disputes between the government and the opposition were intense, the national budget for 2018 was passed on Tuesday....

Discussion on 2018 budget heading towards conclusion

The discussion on the 2018 budget is to be concluded on Tuesday in the Greek Parliament, with the speeches of the heads of the...

WSJ: Greece’s economy has returned to growth

Greece’s economy has returned to growth and the country has been able to draw money from the international markets, according to an article of...

Positive signs for Greece’s economy

Greece is ready to turn page, to close the chapter of austerity and enter a new area of growth and investments, said Prime Minister...

IMF insists on restructuring of Greece’s debt

In an interview with Italian newspaper “Il Sole 24 Ore”, IMF Managing Director Christine Lagarde stated that for Greece’s debt to be sustainable, it...

PM Tsipras: The time of Greece’s economy has come

“I am pleased to say that the time of Greece’s economy has come”, stressed Prime Minister Alexis Tsipras addressing the conference of the American-Hellenic...

Plans for the EastMed pipeline construction in progress

Six months after the first meeting of the Energy Ministers of Cyprus, Israel, Greece and Italy, a memorandum of understanding was signed between the...

The smooth conclusion of Greece’s program to be one of the main duties of...

Portuguese social democrat Finance Minister Mário Centeno was elected new Eurogroup President for the next 2.5 years, after a voting that was concluded in...

Staff-level agreement between Greek government and the Institutions to be presented to Eurogroup

The staff-level agreement that was concluded last Saturday between the Greek government and the Institutions will be presented for approval to Monday’s Eurogroup. A...

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