Greeks Import 66% of the Fish They Consume

An impressive 66% of the fish consumed in Greece are imported, a WWF study says, the figure coming as a surprise for a country...

IMF: Greece Must Implement Measures in 2019 and Countermeasures in 2023

The International Monetary Fund report on the Greek debt sustainability says that fiscal measures should be implemented earlier and the countermeasures not earlier than...

Standard & Poor’s Upgrades Greek Credit Outlook Goes From Stable to Positive

Standard & Poor's rating agency (S & P) upgraded the Greek credit outlook to positive from stable on Friday. "On July 21, 2017, S&P Global Ratings...

EU’s Moscovici: IMF Deal on Greece ‘Very Positive’ for Markets

The International Monetary Fund's approval of a one-year 1.6 billion euros loan for Greece was a "very positive signal for the markets," the EU's...

Greece will Successfully Complete Reforms, ESM’s Regling Says

ESM managing director Klaus Regling said on Friday he is encouraged that the IMF executive board has now approved in principle an arrangement for...

Greek Households Reduce Food Consumption by 27%; Wealth Declines to 40%

Crisis-stricken Greeks have seen their wealth decline by 40%, their income dropping 26% and food consumption reduced by 27% in a five-year period, a...

ECB Chief: Up to Greece to Decide Whether to Tap Bond Market

European Central Bank President Mario Draghi said on Thursday that it is up to Greece to decide whether to tap the bond market again,...

Varoufakis: ‘I Was Right About the Debt, and You Know it!’

Former Finance Minister Yanis Varoufakis replied to an article published in Kathimerini through his blog. Here is his reply: In a recent article entitled “Varoufakis and...

Special Secretariat for Private Debt Management to Set up Online Platform to Track Down...

Banks and authorities in Greece are teaming up to try to create an asset register for debtors, including tracking money that was sent abroad...

Greek Homes Lose a Third of their Value in 5 Years

The Greek economic crisis has hit the housing market hard as new data for the 2009-2014 period show that the median value of Greece's...

Greece Awaits IMF Report Before Exit to Markets

The Greek government will assess market reactions to the IMF's debt sustainability report published today, before deciding to proceed with issuing a government bond...

Greek Prosecutor Reopens Case Against Ex-Statistics Chief

The case of Andreas Georgiou, the former head of Greece’s statistical service (ELSTAT), will be re-opened despite the fact that it has been twice...

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