Eurostat: More Than One in Three Greeks at Risk of Poverty in 2016

In 2016, more than a third of the population was at risk of poverty or social exclusion in Bulgaria (40.4%), Romania (38.8%) and Greece...

Jan.-Sept. Greek Primary Budget Surplus at €4.5 billion, Slightly Below Target

Greece's primary budget surplus of 4.5 billion euros (£4 billion) in the first nine months of the year, is slightly below target due to...

Lagarde and Tsakalotos Agree on Timely Completion of Greek Third Review

Christine Lagarde and Greek Finance Minister Euclid Tsakalotos agreed that a timely completion of the third review of the Greek bailout is essential for...

IMF Not Asking Greece for More Fiscal Measures

The International Monetary Fund is not asking Greece to take any additional fiscal measures under the bailout programme, the head of the IMF's European...

Possible NBG Bond Buy by ECB Could Offer Support to Greek Economy

The European Central Bank could buy covered bonds issued by the National Bank of Greece under its asset purchase scheme, providing indirect support for...

Greek Revenue Services, US IRS Sign Agreement for Tax Data Exchange

The US IRS announced this week on its website that the US has entered into a bilateral competent authority agreement with Greece to exchange...

Despite Government Boasting Over Growth, Greeks Get Poorer, Businesses Keep Shutting Down

Greek Prime Minister Alexis Tsipras is packing his bags to leave for the United States for an official meeting with President Donald Trump. With him...

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...

Santorini Mayor: Success Might Turn Against the Island

The huge success the island enjoys now that it has become a year-round tourist destination might turn against us, says Santorini Mayor Anastasios-Nikolaos Zorzos. The...

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...

IMF Sees Fiscal Gap for Greece, Pension Cuts Might Come Sooner

The International Monetary Fund foresees a fiscal gap of 2.3 billion euros in the 2018 budget, which might mean that the pension cuts scheduled...

Homes Worth Up to 300,000 Euros to be Exempt From E-Auctions

All residences valued at 300,000 euros or less will be exempt from foreclosure auctions using the new electronic platform, according to an agreement reached...

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