Greek Economy

The Greek economy will receive two billion euros in the form of EU funds by the end of October to implement programs of the 2007-2013 periods, Greek Economy Minister Giorgos Stathakis told journalists after a meeting with EU’s Commissioner...

The president of Hellenic Bank Association and National Bank governor Louka Katseli  said in a meeting with the National Confederation of Commerce and Entrepreneurship (ESEE) on Monday that she is in favour of secondary business opportunities and the settlement...

The Greek Finance Ministry announced two amendments to the existing capital control restrictions that have been imposed in Greece since late June 2015. The first change concerns payments to banking institutions overseas, the previous 1,800 euro limit for cash payments made to foreign...

 Figures complied by Kathimerini newspaper, shed light on the reported reduction of Greek citizen's annual incomes in the fourth year of Greece's bailout era, compared to the pre-bailout era. ‘From the approximately 5.9 joint tax reports submitted until the end of...

Former Massachusetts governor and past candidate for the U.S. Presidency Michael Dukakis said that the meetings Greek Prime Minister Alexis Tsipras had during his stay in New York had positive overtones. Dukakis spoke to Greek national broadcaster ERT and said...

The World Economic Forum ranked the Greek economy as the 81st most competitive out of 144 national economies, giving the nation a 4 out of 7 score in its 2015 Global Competitiveness Index. This is the second consecutive year Greece holds the...

Prime Minister Alexis Tsipras said that Greece can return to bond markets as soon as creditors restructure the country's state debt. "The goal is to return to the markets. If there is a good decision on the debt issue, Greece...

Luca Katseli, chief of the National Bank, addressed the annual Clinton Global Initiative Congress in New York, and spoke about Greece's position after the completion of Greek bank recapitalization this year. "The Greek banking sector will be in a position to...

The international technical staff for the first evaluation of the Greek economy within the framework of the memorandum is expected in Athens at the end of this week. The completion of the evaluation is connected with the disbursement of...

On Monday, the Greek Finance Ministry announced new modifications to the capital controls that have been imposed in Greece since June 28, 2015. While the bulk of the announcement, published on the four month mark of capital controls in Greece, includes directives...