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Greece

Budget Airline Jet2 to Increase Flights to Greece this Summer

British budget airline Jet2 is expanding its offerings in Greece this Summer, as it has introduced more frequent flights from the UK to destinations across the Mediterranean country. Jet2.com, or Jet2, along with its vacation package provider Jet2Holidays, will help...

How to Experience Athens on a Budget of €10 a Day

Now that you have arrived in Athens, how do you enjoy all that the ancient city has to offer on a budget? It might be easier than you think.

Greek PM Praises European Commission Decisions on Budget, Climate

In a statement on Friday, Greek PM Kyriakos Mitsotakis welcomed decisions regarding the European budget and climate goals made at the the meeting of EU leaders held in Brussels on Thursday. Mitsotakis praised the breakthrough made on the European budget...

Greece's Financial Recovery Struggles as Pandemic Skews Budget

The coronavirus pandemic, which has negatively affected Greece's tourism and hospitality industries, is already widening the country's budget deficit and slowly pushing it back into recession. On Wednesday, Finance Minister Christos Staikouras announced that Greece is expected to suffer a...

European Commission Eases Budget Rules due to Coronavirus Pandemic

As a measure to aid EU Member States suffering from the coronavirus pandemic and its tremendous impact on their economies, the European Commission announced on Friday that state budget rules are eased. In order to aid people and companies, the...

Greece Disappointed after EU Leaders Fail to Decide on 2021-2027 Budget

European Union heads of state on Friday disagreed on the 2021-2027 budget after two days of discussion, with more affluent countries refusing to heed to their poorer peers' call for more aid. Greek Prime Minister Kyriakos Mitsotakis said that the...

Greek PM and EU Leaders Attempt to Find Consensus in Budget Negotiations

Those who follow the EU's political affairs closely know by now how difficult it is for Brussels to persuade all of its member-states concerning an issue as important as the Union's budget for the years between 2021 and 2027. Yet,...

PM Mitsotakis Says ''We Can't Do More With Less'' As EU Budget Negotiations Begin

Greek Prime Minister Kyriakos Mitsotakis landed in Brussels on Thursday for the upcoming European Union Summit, which is tasked with deciding on the Union's 2021-2027 budget. Arriving at the Summit, Mitsotakis said that Greece is coming to these meetings to demand...

2019 Greek Budget Records Primary Surplus of Almost €5 Billion

The Greek state budget recorded a primary surplus of 4.96 billion euros in 2019, up from a budget surplus target of 4.4 billion and a primary surplus of 91 million euros in the same period in 2018, the Finance Ministry said...

Greek Parliament Approves Ambitious 2020 State Budget

The 2020 state budget was passed in parliament by a majority roll-call vote on Wednesday night, at the end of a five-day debate. In the 300-seats chamber, 158 MPs favored the state budget and 139 MPs rejected it. Three lawmakers...

Greek Budget Foresees 2.8 Percent Growth in 2020

Greece's state budget for the financial year 2020 was presented to Parliament by Finance Minister Christos Staikouras on Thursday. A growth rate of 2.8% and a primary surplus of 3.6% in 2020 are foreseen in the new budget, slightly exceeding...

EU Commission Set to Approve Greek Budget for 2020

The European Commission announced on Wednesday that it has adopted the fourth report for Greece under the Enhanced Surveillance framework. This gives the green light to the December meeting of the Eurogroup to approve Greece's budget for the year 2020. ''The...

European Union to Give Green Light to Greece's Budget for 2020

Τhe European Commission posted Greece's draft budget plan for 2020 on its website on Wednesday. The budgetary projections envisage a primary surplus of 3.7 percent of GDP in 2019 and a surplus of 3.5 percent of GDP in 2020,...

Proposed Greek Budget Foresees 2.8 Percent Growth for 2020

The Greek Finance Ministry presented a proposed 2020 budget in Parliament on Monday which foresees the Greek economy growing by two percent this year and 2.8 percent in 2020. According to the report from the Hellenic Fiscal Council, which endorses...

Greek Budget Revenues Exceed Targets by €287 Million in August

A positive surprise for Greece's public finances came to light on Monday, as according to the latest official data, the country's revenues were €287 million higher than expected in August, despite recently-introduced tax cuts. More specifically, between August 1 and 31,...