Handelsblatt: Greece Has Received €256 billion in Loans Since 2010

German news daily Handelsblatt, taking a look at the Greek economy, has come to the conclusion that despite the obscene amount of loans the...

Greek Parliament Approves its 2018 Budget, Showing 0.75 pct Rise in Expenditures

A plenary session on Friday approved the Parliament's budget for 2018, which includes a 0.75% rise in expenditures (to 133,985,000 euros), from 132,985,000 euros...

Greece at the Bottom of EU Social Justice Chart

Unable to recover from the crippling financial crisis, Greece has been ranked last in the latest EU Social Justice Index presented by the Bertelsmann...

U.S. Ambassador: American Investors Look at Greece Again

U.S. Ambassador to Greece Geoffrey Pyatt on Thursday said he believes that 2018 will be a turning point for Greek economy, provided the country...

EU Auditors Criticize Handling of Greek Bailout Programmes

The EU handling of the Greek debt crisis successfully imposed reforms and avoided a catastrophic default by Greece, but failed in ensuring Athens could...

Greek FinMin: Family of 4 with €12,000-18,000 Income is Middle Class

Greece's Finance Minister Euclid Tsakalotos on Wednesday said that a family of four with an annual income of 12,000-18,000 euros is middle class, and...

Greek Gov’t Offers Bond Swap as Step to Leave Financial Dependency

The Greek government announced a bond swap on Wednesday as a step for Greece to stand on its own feet after the end of...

Luxury Hotel and Homes Investment on Kea Island to Reach €150 Mln

Kerzner and Dolphin Capital are to invest 150 million euros in the construction of luxury hotels and residences to be sold separately on Kea island,...

Greece to Proceed “Soon” with Bond Swap Deal

Greece will soon proceed with a bond swap exercise worth 30 billion euros, a top Finance ministry official told the Athens News Agency (ANA)...

Hedge Fund Manager: Investors Ready to Pour Billions into Greek Economy after Political Change

Hedge fund manager, Kyle Bass, believes that Greece will come out of the crisis and investors will pour billions into its economy once the...

Greek Gov’t Cuts Down on Public Investments to Pay Social Dividend

The Greek government has frozen the Public Investments Program in order to pay the social dividend worth 1.4 billion euros promised by Prime Minister...

Greece Eases Up on Capital Controls Again

Finance Minister Euclid Tsakalotos signed a decree easing capital controls in the country. According to the new regulations, Greek residents will be able to withdraw...

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