Finance Minister Tsakalotos: No Alibi for Further Delay in Debt Settlement

Finance Minister Euclid Tsakalotos expressed his optimism that the way for a good and final solution for the debt and the country inclusion in...

Greek State Debt went up to €326.5 Bln

Greece's central government debt went up in 2017, from 326,258 billion euros in December to 326,528 billion in March, according to data released on Friday...

CFOs Pessimistic about Greek Economy

The chief financial officers of Greek companies are pessimistic about the course of the economy, according to a European survey of CFOs conducted by...

German FinMin: No Greek Debt Cut at Present Time

"At the present time, Germany will not accept any Greek debt reduction," said a spokesperson for German Finance Minister Wolfgang Schaeuble, speaking to Bild. The...

Number of Unemployed Reduced by 98,000 as Tourist Season Starts in Greece

The number of registered unemployed is reduced by almost 98,000 in April as the tourist season started in Greece, according to the Greek Statistical...

Fourth Memorandum Brings Heavy Burdens to All Greeks, ND Leader Mitsotakis Says

New Democracy (ND) leader Kyriakos Mitsotakis was visiting the island of Aegina on Saturday when he commented on the fourth memorandum. Two days ago...

Moscovici Urges Lenders to Agree on Comprehensive Deal for Greece

European commissioner in charge of Economic and Financial Affairs Pierre Moscovici called on Greece’s lenders to agree on a comprehensive deal for the country,...

EU Commission Welcomes Voting of Measures in Greek Parliament

The European Commission welcomed on Friday the voting of the measures in the Greek parliament, adding that now a credible strategy that will guarantee...

U.S. Congressman Opposes IMF Participation in Greece’s Bailout (video)

U.S. Congressman Andy Barr on Thursday opposed financial participation of the International Monetary Fund in Greece's third bailout program. Barr, who is Chairman of the...

Underground Economy in Greece Is About One Quarter of GDP

The size of Greece's underground economy -- where transactions take place out of the radar of tax authorities -- is estimated to be about...

EU Official: Greece has 50% Chance to Close Agreement on Monday’s Eurogroup

A European Union official said that Greece has a 50% chance to come to a full agreement with creditors in closing the bailout program...

Greeks’ Supermarket Spending Drops 15% in Two Years, Study Shows

Data presented on Wednesday at the 12th ECR Hellas Conference yesterday by MRB Hellas chief executive Dimitris Macros shows that the amount of money...

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