Economy

Scholz: Greek government is moving in a logical and wise manner regarding pension cuts

“The Greek government is moving in a logical and wise manner,” German Finance Minister Olaf Scholz said during a press conference in Berlin, referring...

ExxonMobil’s drillship arrives at block 10 of Cyprus’ Exclusive Economic Zone

On Sunday evening, the drillship “Stena Ice Max” of ExxonMobil arrived at block 10 of Cyprus’ Exclusive Economic Zone, in order to proceed to...

Athens wins European Capital of Innovation award for 2018

The city of Athens has been awarded the EU’s prestigious European Capital of Innovation 2018 title, with a prize of €1 million, as announced at a...

Parliament passes the bill on the development of a freight center in Attica

On Thursday, the Plenary of the Greek Parliament passed the bill on the development of a freight center in the Thriassian Plain, in Attica....

Enhanced recovery of Greece’s economy in 2018

Greece’s economy presented an enhanced recovery in 2018, according to the Bulletin of Economic Developments issued by the Ministry of Economy and Development. In...

Eurostat: Unemployment in Greece at 19%

In July 2018, unemployment in Greece remained at 19%, that is at the same rate as in June 2018, according to Eurostat data published...

Extraordinary Eurogroup meeting on the Greek national budget

The economic staff of the government is optimistic about the withdrawal of pension cuts, as in the last Euroworking Group, the member states agreed...

ECB confirms the positive outlook for Greece’s economy

On the occasion of the EU Summit in Brussels, Prime Minister Alexis Tsipras met with Mario Draghi, President of the European Central Bank (ECB),...

China asks that Cosco’s investment plans in Piraeus be expedited

Chinese Minister for Transport Li Xiaopeng met with Greek Minister for Shipping Fotis Kouvelis in Athens on Monday, and asked that the Greek State...

Primary surplus exceeds target significantly

The budget for the nine-month period January-September 2018 presented a primary surplus of 4.809 billion euros, significantly exceeding the target of 2.521 billion euros....

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