Israeli PM to Discuss Gas Pipeline to Italy with Tsipras, Anastasiades

Israeli Prime Minister Benjamin Netanyahu said on Monday that he will be discussing the feasibility of constructing a gas pipeline leading to Italy with...

Ambassador Pyatt: US has Strategic Interest in Greece

The United States has a “strategic interest” in investing in Greece after the country comes out of the economic crisis, said U.S. Ambassador to...

Greek Pensioners Face Losses of Up to €350 per Month in 2019 Cuts

Greek pensioners are about to lose up to €350 ($416) per month when new pension cuts are implemented as of Jan. 1, 2019. Finance Minister...

Eurogroup Chief: Greece Needs to Take Ownership of Reforms

Eurogroup President Mario Centeno called on Greece to stick to economic reforms and avoid sliding back to policies that will not help the country...

Outstanding Debts to the State Increase by €770M in March

Outstanding debts to the Greek State increased by €770 million in March, reaching a total of €101.641 billion, according to data released by the...

Top Greek Banks would Lose €15.5 Bln of Capital in Stress Scenario: ECB

Greece’s four biggest banks said on Saturday that no new funding plans were needed after stress test results showed they would lose around 15.5...

Everyone Has to ‘Assume Their Responsibilities’, says EU’s Moscovici

The EU's downward revision of growth rate forecasts for Greece in 2018 and 2019 are due to the economy's weak growth in the fourth quarter...

EU Revises Down Greek Growth Forecasts

Greece has seen a fall in its growth forecast for 2018 from 2.5 percent to 1.9. The new data came in a European Commission spring...

President Sisi Hails Egypt’s Trade Cooperation with Greece and Cyprus

Egyptian President Abdel-Fattah al-Sisi on Monday praised Greece and Cyprus for their trade cooperation with Egypt, calling it "a model to follow in the...

Greece at Bottom of OECD Countries in Business Environment, Talent Capitalization

Greece ranks last in business environment and low in talent capitalization among OECD member states, according to a latest OECD report.

OECD Says Greek Debt Repayments Must be Made Sustainable

Greece's "remarkable reform effort of the past two years" needs to be supported by steps to make its debt repayments sustainable, the head of...

Greek Bank Deposits Rise in March

In March 2018, the annual growth rate of total credit extended to the economy stood at -2.0 percent from -1.8 percent in the previous...

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