Economy
Economy
OECD Forecasts Growth in Greek Economy for the Next Two Years
OECD released its forecast for the struggling Greek economy on Monday, concluding it is likely to experience growth over the next two years.
Business
Fear for Cryptocurrency Scandal Rocks Turkey
A Turkish cryptocurrency exchange website named Thodex stopped trading unannounced on Wednesday, spurring fraud allegations.
Business
Greek Shipowner Ioannis Angelicoussis Dies at 73
Greek shipowner Ioannis Angelicoussis died on Saturday at a central Athens hospital, where he was being treated after a heart attack.
Greece
First Vaccinated Tourists from Israel Arrive in Greece
The first vaccinated tourists from Israel arrived in Greece on Saturday morning, all holding a vaccination certificate.
Greece
PM Mitsotakis Urges People to Get Coronavirus Vaccine Following Thessaloniki Visit
Greek PM Kyriakos Mitsotakis visited the coronavirus-ravaged port city of Thessaloniki in Central Macedonia on Saturday, where he urged people to get the coronavirus vaccine as soon as it becomes available.
''It'll be free-of-charge, it will not be mandatory but...
Business
Greek PM Holds Virtual Meeting with Greeks Who Left to Work Abroad
Addressing the country's notorious brain drain problem, Greek Prime Minister Kyriakos Mitsotakis held a virtual meeting with Greeks who left their native country to work abroad during the financial crisis.
During the meeting, PM Mitsotakis stressed that Greece is improving...
Economy
Greek Hotels Plead For Help Amidst Despair Over TUI Debt
Greek hotel owners are facing huge losses this year as Tui AG, the largest leisure, travel and tourism company in the world, is deferring the payment of monies due to them this year — until March of 2021.
The Anglo-German...
Business
Greece Receives Boosted Credit Rating from Moody's
Moody's, the bond credit rating agency, upgraded Greece's credit rating on Friday, giving the country's market a boost amidst the Covid-19 pandemic.
The country's rating went from a B1 to a B3, signaling the possibility of economic recovery in the...
Business
Greece's Growth Rate to Reach 7.5% in 2021 According to New Projections
Finance Minister Christos Staikouras and Alternate Minister Theodoros Skylakakis on Monday brought a draft for the 2021 state budget before Parliament.
The plan envisages a robust economic growth rate of 7.5 percent for the next year, and features a series...