Economy

General Index of Athens Stock Exchange shows upward trend

The Greek stock market went against the mild downward trends prevailing in the major European markets Wednesday afternoon with the transfer of 51% of...

Cosco acquires the majority of Piraeus Port Authority shares

"We will continue to invest in Piraeus port" said Cosco's general director Wan Min on Wednesday at the opening of Athens Stock Exchange (ASE)...

Ministry of Development presents bill aiming to simplify business licensing procedures

The Ministry of Development has put to public consultation a draft bill which aims at simplifying the procedure followed by businesses in Greece, in...

Alternate Fin Min Alexiadis on the fight against fiscal fraud

Αlternate Finance Minister Tryfon Alexiadis, speaking to AMNA on Tuesday, sent out the message that the government would not compromise or relax their efforts...

General Accounting Office: Increased public revenues in July

General Accounting Office sources dismiss reports about a 500 million Euro deficit in public revenues for the month of July. They also dismiss concerns...

Positive developments for Greece according to Yannis Stournaras

The need to support the European Central Bank in its effort to tackle high deficits and debt crisis in the Eurozone, noted the President...

Regling: Greece will soon leave the programme if reforms continue

Head of the European Stability Mechanism (ESM), Klaus Regling, expressed his optimism for a Greek exit from the bailout programme in two years from...

Moody’s: cash-in-circulation back to the banking system

The recent easing of capital controls with immediate effect is likely to help the Greek banks to attract part of deposits which were withdrawn...

Moscovici: Conclusion of the Greek programme assessment profitable for all

EU Commissioner for Economic Affairs Pierre Moskovici expressed the wish for a swift conclusion of the second Greek economy assessment for everyone’s good but...

Christine Lagarde on IMF’s unhappy experience in Greece

IMF’s Managing Director, Christine Lagarde, speaking to Financial Times about IMF’s experience in Greece conceded that it has not been a successful experience for...

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