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Greece

ND's Staikouras Not Ruling Out Possibility of Early Elections

The program review of September will be difficult, coordinator of economic affairs, Christos Staikouras of the New Democracy (ND) party said to ANA-MPA. ND, the main opposition of the SYRIZA-ANEL government also commented during his interview with the ANA-MPA that...

Alternate FinMin Staikouras: Greek Govt Achieves the Fiscal Targets it Sets

Fiscal targets set by the Greek government were achieved for the third consecutive year with an additional significant primary surplus for the third time, while the country entered a period of positive economic growth, said today Alternate Finance Minister...

Staikouras: "We See the First Signs of Exit from the Crisis"

Mr. Christos Staikouras noted that the first signs of escalation of the tax burden are already visible, and this year there were ​​targeted reductions in taxes for the first time. "We strive for more reductions" Mr. Staikouras said, noting that...

Greek Inflation Rate Soared to 11.3 percent in May

Much like in many parts of the world, the inflation rate in Greece has soared to its highest rate in nearly thirty years this month. The Greek inflation rate reached 11.3 percent in May alone, which is up from 10.2...

Greece Raises $3.4 Billion From 10-Year Bond Issue

Greece raised 3.0 billion euros ($3.4 billion) at an interest rate of 1.8 percent from the new 10-year bond issue on Wednesday. Finance Minister Christos Staikouras said the country's first bond issue of the year was a success as it...

Greece Raises $3 Billion by Reissuing 5-Year and 30-Year Bonds

Greek Finance Minister Christos Staikouras announced the successful reissue of Greece's 5-year and 30-year bonds. These bonds allow investors to invest in the Greek government's sovereign debt for the next 5 or 30 years, depending on which bond they...

Athens Plunges on World’s Most Livable Cities List

Athens has plunged to the bottom of the Economist Intelligence Unit’s (EIU) latest ranking of the world's most livable cities. The COVID-19 Pandemic has had a major effect on this years list, with many top 10 mainstays falling to...