Economy

Greece’s plan to save tourism this summer

The European Commission presented the roadmap for the gradual recovery of European tourism, as well as a common approach to the gradual lifting of...

EU: 9.7% recession in the Greek economy for 2020- Conflict between government and opposition

The European Commission forecasts that the Greek Economy will contract by 9.7% in 2020 and will grow by 7.9% in 2021, in the context...

Government’s measures to support labor force

The government is ready to legislate a program to stimulate employment with funds amounting to one and a half billion euros, announced the Finance...

Charles Michel: The 27 agreed to set up a recovery fund

European Council President Charles Michel announced at the end of the summit, that the 27 EU member states have agreed to set up a...

EU leaders’ summit: Greece is in favor of a common debt issue

A first agreement on the establishment of a European Recovery Fund, which will be based on the multi-year framework for the period 2021-2027, seeks...

IMF: 10% recession in Greece due to coronavirus

The International Monetary Fund's (IMF) report on the World Economic Outlook, which was presented digitally for the first time in the context of its...

Eurogroup: Agreement on a 540 billion euro support package

The European Union finance ministers have agreed in principle to allocate half a trillion euros to support European economies hit hard by the coronavirus...

S. Petsas: Economy protection network of up to 24 billion euros

The major issue of the day is that the Eurogroup will continue, said government spokesperson Stelios Petsas at a press briefing. He noted that,...

Eurogroup deadlocked- Continues on Thursday

Eurogroup Chairman Mario Centeno announced today that no agreement had been reached on a common European economic response to the impact caused by the...

The Eurogroup is looking for a compromise package of measures

The Eurogroup, which will meet today via teleconference, will seek a compromise on the European package of measures to address the major economic impact...

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