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Theo Ioannou

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IMF: No New Measures for Greece if 2018 Primary Surplus is at 2.2%

The International Monetary Fund is not asking the Greek government to take new measures to cover the fiscal gap that is due to the...

OECD Data Shows Greeks are the Hardest Working People in Europe

The idea that Greeks are lazy, laid-back people when it comes to work, has been a prejudice widely spread in northern Europe; and particularly...

Greek Government Sets Lottery Prize to Promote Electronic Transactions

The government has announced a jackpot prize to encourage people to use plastic money for their transactions, in an attempt to curb tax evasion...

Greek Police Rescue 54 Migrants Squashed into Unventilated Van

Police in northern Greece have rescued 54 migrants found squashed into a van, and arrested two Bulgarian alleged members of a smuggling ring, that...

Greek ‘Top Gun’: Tsipras Rides Warplane With His Name Printed on it

It's no secret that the government, and the PM's inner circle in particular, are always attempting to take advantage of events for communicative purposes,...

Eurobank Extends Deal with EIF, Doubles Funds for Small Businesses

Eurobank extended last year’s agreement with the European Investment Fund (EIF) to provide financing for small businesses, doubling the amount of available funding to...

Cyber-crime Police Warn Greeks About International Spam Calls and Texts

The cyber-crime division of the Greek Police (CCD) warned Greek citizens on Wednesday not to answer cellphone calls or SMS text messages by phone...

IMF Review Foresees Lower Primary Surplus for Greece in 2017 & 2018

More bad news for the government: In its biannual report on the world economy, the IMF reiterates its view that the Greek economy will...

Greek Court Approves Extradition of Bitcoin Fraud Suspect to Russia

A Greek court backed the extradition of a Russian citizen to Moscow, who also faces an extradition request by the United States on allegations...

Final Bids for Greek Gas Grid Sale Expected by Year’s End

The Greek government wants to get binding offers from investors shortlisted for a 66% stake in state-controlled natural gas grid DESFA by the end...

IMF: Greek Economy to Grow by 2.6% in 2018, Weaken in 2022

The International Monetary Fund on Tuesday said that the Greek economy will grow by 2.6% in 2018, up from a 2.4% growth rate estimated...

Over 50% of TAP Gas Pipes in Greece Already on Ground

Over 50% of the TAP gas pipes in its Greece route (276km of pipeline) have been placed in the ground and have been backfilled,...

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