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...

Bank of Greece Forecasts Zero Growth for 2020

The Greek economy will fall to zero growth this year while it will show a significant divergence from fiscal targets for the year, the...

Greece Shuts Down All Hotels in Latest Coronavirus Emergency Measure

The Greek Ministry of Tourism announced on Thursday afternoon that all hotels which operate on a 12-month basis will be forced to shut down...

Greece Offers 800 Euros to Employees Affected by Coronavirus Closures

The Greek government will offer 800 euros in compensation to all workers whose labor contract was canceled because of the suspension of operations of...

EU Scraps 3.5 Percent Surplus Target for Greece Due to Coronavirus Emergency

Eurozone finance ministers decided on Monday evening to scrap the primary surplus target of 3.5 percent of GDP for Greece this year in the...

Yanis Varoufakis Releases Audio Recordings of EU Meetings

Former Finance Minister of Greece Yanis Varoufakis has published recordings from 2015 closed-door talks with the Eurogroup on his country’s bailout program to expose...

Athens Stock Exchange Tumbles as World Markets Infected by Coronavirus Panic

The Athens Stock Exchange plunged 13.39 percent on Monday, as investors worldwide react to the coronavirus and the oil price war launched by Saudi...

Greece Announces New Emergency Measures as Coronavirus Cases Rise to 73

Greek Health authorities announced on Sunday afternoon that seven new cases of the Covid19 coronavirus have been diagnosed in the country, raising the total...

European Investment Bank Offers €200M to Support Infrastructure in Evros, North Aegean

The European Investment Bank will offer 200 million euros to Greece for the support of infrastructure works due to the recent migration-related developments on...

Delphi Forum to Promote Greece’s Delphic Maxims

The Municipality of Athens and the Delphi Economic Forum have collaborated to launch a  campaign to promote Greece’s Delphic maxims – the ancient aphorisms...

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...

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...

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