Greece

New Democracy leader Kyriakos Mitsotakis stated on Friday that the climate change is a crucial international matter that affects everyone. He said that it is not a conspiracy theory and is not linked with the economic competition. The climate, he...

Greek Prime Minister Alexis Tsipras on Monday said that Greece has returned to growth and bailout programs and that the International Monetary Fund is putting hurdles in bailout talks. Addressing his cabinet in the talks for the productive reconstruction strategic...

Greece's 'shadow economy' ranks first in the world estimated at 21.5% of gross domestic product, a study by the Institute for Applied Economic Research at the University of Tübingen in Germany (IAW) says. The study, which is published in Forbes, defines...

Greece has ranked last among developed economies, according to the Inclusive Development Index (IDI) compiled by the World Economic Forum (WEF)  and published on Friday. According to the Forum's report (The Inclusive Growth and Development Report 2017), Greece ranked 29th...

Greece might need additional measures as 2015 will end with an estimated 0.5 percent primary deficit instead of the required 0.25 percent, says an International Monetary Fund report. According to the recent Fiscal Monitor, an IMF report on international economy, Greece...

The IMF has estimated that Greece's financial needs in 2015-2016 will amount to approximately 25 billion euros. The announcement was highlighted in the IMF's bi-annual "Fiscal Monitor" report, which was released yesterday. 2015 in particular will see Greece strapped for...

According to BlackRock's quarterly Sovereign Risk Index that shows which countries face the highest risk of default, Greece was among the countries most likely to go bankrupt. The last three months (April-May-June) favored developed markets such as Belgium and the UK, which rose...

Greece remains among the countries with the highest social security contribution rates, although those numbers are forecast to go south by 3.9 percent by July 2014, according to the Economic Cooperation and Development (OECD), Greek employers’ contributions are expected to drop...

Amid fears last year of a run on Greek banks when the country edged close to default, Greece's central bank had billions of euros of banknotes shipped in from other central banks to make sure there was enough money...

Many Greeks recall the speeches in English — peppered with Greek-origin words and phrases — given by economist and politician Xenophon Zolotas in the late 1950s. Zolotas was director of the Bank of Greece when he appeared in front of...

The new iPhone 13 is the most sought-after digital item for millions of people around the world now -- but its cost makes it all but prohibitive for many middle class families across the world. While the brand-new iPhone 13...

As the world moves closer to ending the coronavirus pandemic, the total number of doses of the Covid-19 vaccine distributed across the world has surpassed one billion. While not enough to rid the world of the virus, which has caused...

Greek Prime Minister Kyriakos Mitsotakis and French President Emmanuel Macron said they were in "complete agreement" regarding the direction to take in response to Turkey's repeated incursions and infractions in the Eastern Mediterranean, according to government sources in Athens. The...

The Greek government is considering imposing a nationwide lockdown following on the steps taken by Italy and Spain as the death toll from the coronavirus reached four and the number of cases jumped to 352 on Monday. On Monday Greece...

The Leaders of Greece, Cyprus and Israel met in Jerusalem on Wednesday evening, during the sixth Trilateral Greece-Cyprus-Israel Summit, which was also attended by the US Secretary of State, Mike Pompeo. The Prime Ministers of Greece and Israel, Alexis Tsipras...