Economy

Euclid Tsakalotos visits Asia

A series of contacts with representatives of investment firms will be held by Finance Minister Euclid Tsakalotos during his Asia tour, starting from Singapore...

New measures to combat unemployment

At a press conference, Labor Minister Ms. Effie Achtsioglou presented a series of new measures to combat unemployment, focusing on three axes: welfare projects...

The government plans to establish a regional banking system

At a meeting Minister of Economy and Development Mr. Yiannis Dragassakis had with the Executive Director of the German Savings Bank Foundation for International...

Bank shares at the Athens Stock Exchange plummet

On Wednesday, bank shares at the Athens Stock Exchange plummeted; the bank index dropped by almost 10%, while the General Index closed at 666.84...

EBRD plans investments of over 2 billion euros in Greece

On Wednesday, Prime Minister Alexis Tsipras talked over the phone with US Secretary of Commerce Wilbur Ross, further to their meeting in New York...

Capital controls totally lifted

By means of a legislative act, the Finance Ministry released fully on October 1st cash withdrawals in Greece, while the money transfer limit for...

Two scenarios on the budget for 2019 presented to Parliament

The preliminary draft budget was presented to the Greek Parliament on Monday, and it includes two scenarios: one with pension cuts and one without...

Moody’s credit rating for Greece remains stable with a positive outlook

Moody’s ratings agency foresees 2% increase for Greece’s economy in 2018, with an upward trend for 2019 (2.2%). The credit rating for Greece remains...

PM Tsipras meets with investors in New York

On Wednesday, Prime Minister Alexis Tsipras met with investment fund managers in New York, in a meeting organized by the Bank of America Merrill...

Significant investments in the energy sector

Privatization has brought great foreign investment flows for 2018, as stated the Minister of Environment and Energy Mr. Yorgos Stathakis, in an interview of...

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