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Tag: Greece

Large Increase of 46% Recorded in November for Property Sales in Cyprus

A large increase of 46% was recorded in property sales in Cyprus for November 2016 compared with the same period last year, according to...

2016 Budget Revenues Surpassed Targets by 2.44 Bln Euros, November Figures Show

Budget revenues again surpassed targets in November by 2.44 billion euros in the January-November period, according to official figures released on Tuesday. The Public Revenue...

Chouliarakis Says Government Wants to Close 2nd Review as Soon as Possible; Even Before...

The Greek government wants to conclude the second program review as soon as possible, hopefully even before Christmas, in order to achieve a staff-level...

Fires and Vandalism Follow Commemoration of Teenager Slain by Greek Police [video]

The Exarchia neighborhood in Athens turned into a battlefield on Tuesday evening as anarchist groups launched an attack against riot police monitoring the rallies...

Greek Court Rules to Extradite 3 Turkish Soldiers

A Greek court on Tuesday has ruled that three of the eight Turkish soldiers who sought political asylum in Greece should be extradited. The Turkish...

Greek Government Celebrates Pyrrhic Victory

Listening to the news on the state-run television stations after Monday's Eurogroup, one would think that the Greek debt is reduced to the point...

‘ToposText’ App Brings the Ancient Greek World to Your Smartphone

History and archaeology enthusiasts, researchers, students and also ordinary travelers can now have access to thousands of mythical and historical locations and a slew...

Avoiding Capital Controls: Real Estate Revenues From Foreign Buyers Deposited in Banks Abroad

The majority of revenues of Greek luxury real estate transactions acquired by foreign nationals remain in banks outside of Greece, sources have reported. In fact,...

Debt Relief Is Welcome But Falls Short of a Solution, ND’s Mitsotakis Says

The debt relief is welcome but not enough to set the Greek economy on growth track, main opposition New Democracy (ND) leader Kyriakos Mitsotakis...

Greece’s Shadow Economy Continues to Grow as State Coffers Miss Out on €16 Billion...

Greece is known for having a shadow economy, or an underground economy where people buy undeclared or illegal products and services. In recent years...

Eurogroup’s Short-term Measures Will Lower Greek Debt by More Than €45 Million

The short-term measures announced by Eurogroup on Monday will lower Greece’s debt by more than 45 billion euros, while rates were set at 1.5 percent,...

Greek FinMinTsakalotos: Good That Short-Term Measures on Debt Will be Implemented Now

The short-term measures on debt relief for Greece will be implemented immediately and are more ambitious than initially expected, Finance Minister Euclid Tsakalotos said...

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