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New Democracy Leader Mitsotakis Lays Down his Economic Plan in Thessaloniki

Greek opposition leader Kyriakos Mitsotakis laid out a wide-ranging reform package during a nationally televised address on Saturday, with pledges of lowering taxes, a...

Alpha Bank Analysis Sees Return of Confidence in Greek Economy

A gradual return of confidence in the Greek economy following the completion of the second review is becoming increasingly apparent, according to a report...

Greece Achieves Anaemic Economic Growth in Second Straight Quarter

The Greek economy grew, albeit aneamically, for the second straight quarter, provisional figures released Friday showed. It is a development that's positive, but nevertheless  unlikely...

Angela Merkel Appears Optimistic About Growth in Greece

German Chancellor Angela Merkel held a traditional summer news conference on Tuesday, just less than a month before Germany's Sept. 24 federal election, and...

Greece’s Account Surplus Drops in June, But Tourism Revenues are Up

Greek current account surplus shrank in June, but tourism revenues were up, according to a Bank of Greece report released on Monday. The shrinking is...

Greek Government Sells 3-month T-bills at Reduced Yield

The government sold 1.138 billion euros ($1.34 billion) of three-month Treasury bills on Wednesday to refinance maturing issues, the country's debt agency PDMA announced. The...

Industrial Production Growth Eases After 8 Months

Greece's industrial production growth eased markedly in June, after accelerating in the prior month, preliminary data from the Greek Statistical Authority (ELSTAT) showed Tuesday. Industrial...

Greek Manufacturing Grows for Second Straight Month in July

Greek manufacturing activity expanded in July for the second straight month, driven by a rise in staffing numbers and output, a survey showed. Markit's Purchasing...

Varoufakis’ Plan B: Pay Greek Civil Servants With Coupons

The Yanis Varoufakis Plan B for the Greek economy in the event that the country clashed with creditors and went bankrupt was to partially...

Study: 1 in 2 Greek Potential Employees Lack Skills the Market Needs

Despite high unemployment figures, Greek businesses find it difficult to hire because one in two potential employees lacks the skills the market requires, a...

Report Says Greece Will Return to Markets When Borrowing Costs Fall Below 5%

  Greece will return to markets when its borrowing costs fall below 5 percent, a recent Reuters report says. This may happen if Greek bonds...

Gov’t Spox Tzanakopoulos: Creditors Must Take Necessary Decisions for Greece’s Economic Recovery

No one claims that the fundamental problems of the Greek economy have been solved, government spokesman Dimitris Tzanakopoulos said on Wednesday during a press...

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