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Greece

Tsipras at AmCham Conference: 'The Hour of the Greek Economy has Arrived'

The hour of the Greek economy is here, Prime Minister Alexis Tsipras said in his keynote speech at the American-Hellenic Chamber of Commerce annual confence on the economy of Greece on Tuesday night. Tsipras referred to the reform plan he...

American-Hellenic Chamber of Commerce Conference on Greek Economy Kicks-off in Athens

  For the 28th consecutive year, the American-Hellenic Chamber of Commerce kicked-off its its annual flagship event, "The Greek Economy Conference," at the Athenaeum Intercontinental Hotel in Athens on December 4. This year’s conference focuses on the need to reshape the...

EU-IMF Disagreement Puts Greek Economy at Risk, BoG Chief Says

The "serious disagreement between the IMF and European institutions" puts the chances of Greece's economic recovery at risk, said Bank of Greece governor Yiannis Stournaras on Monday. Stournaras spoke about the Greek economy at the American-Hellenic Chamber of Commerce conference...

Greek Fin Min Lashes Out at IMF, Berlin

Greek Finance Minister Euclid Tsakalotos lashed out at the International Monetary Fund and Germany for placing excessive demands on Greece in regards to the country's bailout program. Tsakalotos spoke at the 27th annual conference of the American-Hellenic Chamber of Commerce...

Greek PM Tsipras: ‘2016 Will Be the Year Greece Exits from the Crisis’

If 2015 was the year Greece secured its place in the Eurozone and ended the so-called 'Grexit' talk, then 2016 must be the year the country will start its exit from the crisis, Prime Minister Alexis Tsipras said on...

Greek Economy Minister is Certain of Economic Growth by End of 2016

"Greece will not become a tax haven. We will follow the road of European countries which maintain high tax rates," Economy Minister George Stathakis said on Tuesday, addressing a conference organized by the American-Hellenic Chamber of Commerce. "We will...

EU's Costello: Greek Bank Deposits No Longer at Risk of 'Haircut'

Greek bank deposits are no longer at risk of a “haircut,” the European Commission's mission chief to Greece Declan Costello said on Monday during a speech at an annual business forum in Athens. Speaking at “The Greek economy” conference, Costello...

Greek Finance Minister Calls for a Deal on Greek Debt by March

Greece's Finance Minister Euclid Tsakalotos said on Monday that a deal on the country's debt must be reached as quickly as possible, since any delays would postpone important decisions for Greece's economy. He warned against "returning to the solutions given until...

Greek PM: 'Nobody has the Right to Undermine Political Stability'

Greek Prime Minister Antonis Samaras unleashed a barrage of criticism against main opposition SYRIZA on Tuesday, charging the party with trying to create political uncertainty and using blackmail to obstruct the election of the new President of the Hellenic...

Tsipras Says ''Greece is a New Economy''

The Greek economy is growing at a rate of more than 2 percent and the rate continues to accelerate, Prime Minister Alexis Tsipras told the American-Hellenic Chamber of Commerce in an address. In his remarks to the Greek-American leaders in...

EU Official: Too Early for Greece to Speak of "Clean Exit" from Bailout Program

Declan Costello, the European Commission mission chief for Greece's bailout program, said on Tuesday that it is too early for Athens to speak of a "clean exit" from the rescue agreement. Speaking at the American-Hellenic Chamber of Commerce, the Irish...

U.S. Ambassador Optimistic about Greece's Future Progress at Athens Conference

U.S. Ambassador in Athens David Pearce on Monday said he was in favor of debt relief for Greece, while noting the country's importance as an energy hub, in order to reduce dependence on Russian natural gas, and as a...

Greece Gives Support To Young Entrepreneurs

In response to Greece Prime Minister Antonis Samaras’ pledge that the country will not rely purely on international bailouts and austerity, the government is offering state support for young innovators by funding a series of business proposals in information...

Samaras Says 2013 Year Greece Recovers

Greek Prime Minister Antonis Samaras told the annual conference of the American-Hellenic Chamber of Commerce (AMCHAM) that wildly unpopular austerity measures that have triggered waves of protests, strikes and riots, and a new debt and loan deal with international...

Women's Summit Hears Ways Out of 'Scary' Crisis

ATHENS – Despite a crushing economic crisis, runaway debt, a deep recession with 21.7 percent unemployment, the closing of 1,000 stores a week, a labyrinthine bureaucracy, one of the highest levels of corruption and lowest levels of competitiveness in...