Economy

Finance ministry predicts a primary surplus of 3.9% for 2018

Greek Finance Ministry predicts a primary surplus of 3,9% of GDP for 2018, while it also announced the early repayment of a portion of...

The disbursement of the 974 million euros to be discussed at the Eurogroup

The disbursement of the 1 billion euro tranche from the activation of the debt measures is the first topic of the debate on Friday's...

EuroWorking Group to recommend the disbursement of 1bln tranche to Greece

The EuroWorking Group meeting concluded on Wednesday that Greece has completed the implementation of its agreed reforms and will recommend the disbursement of the...

The Commission’s positive report on Greek economy

According to EU sources, the European Commission submitted a positive report to the Euroworking Group on the completion of the 16 prerequisites for the...

Greek-Northern Macedonia partnerships are expanding on many fronts

A new era in the relations between Greece and Northern Macedonia is marked by the visit of Greek Prime Minister Alexis Tsipras to Skopje...

Unemployment in Greece is steadily decreasing

The Greek unemployment rate fell to 18% of the workforce in December 2018, from 18.3% in November 2018, according to a Eurostat report published...

“Golden visas”: More Greek passports for foreign investors

The Greek government has decided to extend its "golden visa" program. The relevant amendment is included in the Ministry of Finances’ multi-bill and will...

Greek banks cut borrowing from ELA to zero

The Greek banking system has brought its dependence on ELA, the Emergency Liquidity Assistance mechanism, down to zero. Attica Bank was the last remaining Greek...

A primary surplus was recorded for the first two months of 2019

A primary surplus of € 822 million was recorded for the January-February 2019 budget, against a primary deficit target of € 196 million, as...

GDP growth in 2018 is higher than the European average

According to figures released by ELSTAT, Greece’s growth rate rose to 1.9% in 2018, with the country’s GDP amounting to 190.8 billion euros, compared...

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