Major Stake of Greek Power Grid Operator Sold to Chinese Company

The Greek state has sold 51 percent of power grid operator ADMIE to the State Grid Corporation of China, according to a Kathimerini newspaper...

Half of New Greek Jobs are Part Time and Underpaying

One half of new jobs in Greece's private sector are part-time and pay below minimum wage, according to figures released by ERGANI. May figures look...

Eurostat: Greece at 77% of EU’s Actual Individual Consumption Per Capita Index

Greece is at 77 percent of the average European Union Actual Individual Consumption per capita index for 2016, Eurostat announced on Tuesday. The index measures...

EU’s Moscovici Optimistic that ‘Fair Solution’ on Greek Debt Relief Can be Reached at...

In an interview published in the Funke group German newspaper on Wednesday, European Union Currency Commissioner Pierre Moscovici said that he is anticipating a...

Greek PM Tsipras: If They Give Us May’s Offer Again We are Going to...

At a cabinet meeting on held on Tuesday, Greek Prime Minister Alexis Tsipras stated “we are standing before the most crucial negotiation since the...

German FinMin Optimistic About a Compromise Deal Between Greece and Creditors

German Finance Minister Wolfgang Schaeuble on Tuesday appeared confident that Greece and its international creditors will reach a compromise deal this week, Reuters says. Speaking...

Greek Debt, Quantitative Easing Out of the Eurogroup Agenda

Despite Greece's high hopes, debt relief and inclusion in the European Central Bank quantitative easing program are two issues that will not be discussed...

Bloomberg: European Central Bank Unlikely to Include Greece in QE Soon

The European Central Bank is unlikely to include Greek bonds in its quantitative easing (QE) program for the foreseeable future, a Bloomberg report says. The...

Percentage of Closed Shops in Central Athens Up to 28% in Early 2017

The percentage of closed shops in downtown Athens grew by half percentage point to 28 pct in the first months of 2017, reversing a...

Greek Banks Have Adequate Capital to Fund Real Economy

Greek banks have adequate capital to fund the real economy, both business activity and the retail commerce sector, focusing on commercial credit, bank officials...

PM Tsipras and Bruno Le Maire Agree a Solution Is Closer Than Ever

Welcoming French Economy Minister Bruno Le Maire at the Maximos Mansion on Monday, Prime Minister Alexis Tsipras said his initiative was very important and...

French FinMin Le Maire Optimistic that Greece’s Debt Relief Could Be Linked to Growth

On Monday, following a meeting with his Greek counterpart Euclid Tsakalotos, France's finance minister, Bruno Le Maire, seemed quite optimistic regarding the potential of...

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