115-Million-Euro Greek Aid Package Seeks To Help Struggling Airlines

The nation of Greece will give the country's airlines a 115 million euro aid package to assist them as they struggle to return to...

Greece to Receive 32 Billion Euros as EU Unveils Massive Relief Program

The European Commission proposed on Wednesday to allocate to member states a massive 750 billion euro ($824 billion) aid program to fight the economic...

Greek PM Outlines 24 Billion Euro Plan to Kick-Start Tourism, Economy

Greek Prime Minister Kyriakos Mitsotakis outlined a plan on Wednesday to kick-start the Greek economy with a 24 billion euro program ($26.3 billion) to...

Greece Almost Back to Normalcy as Retail Shops, High Schools Open

More than 150,000 employees returned to work on Monday, with most retail shops opening, as Greece enters the second phase of the relaxation of...

Greek Economy to Contract by Almost 10 Percent, EU Says

The Greek economy is set to contract by 9.7 percent in 2020 because of the Covid-19 pandemic, the European Commission forecast on Wednesday. Greece, along...

April 23, 2010: Ten Years Since the Official Beginning of the Greek Financial Crisis

It was a day much like this on April 23, 2010, when the then-Prime Minister of Greece George Papandreou announced from picturesque Castellorizo Island...

Worst-Case Scenario for Greece is Eight Percent Recession, Says BoG Chief

Estimates of a ten percent economic contraction this year were excessive, Bank of Greece (BoG) governor Yannis Stournaras said on Tuesday, while noting that...

Greek Fruit Exports Boom as Consumers Worldwide Turn to Healthier Products

The coronavirus pandemic and the unprecedented havoc it has caused across the entire world has dealt an enormous and unprecedented blow to nations' economies. However,...

Greek State to Subsidize Ferry Routes to Islands To Keep Connection Alive

Greece's Ministries of Shipping, Finance, and Growth announced recently that the state will subsidize all ferry connections between the country's mainland and its islands,...

Greece Draws €2 Billion From Capital Markets After Successfully Issuing 7-Year Bond

Athens drew €2 billion from international capital markets on Holy Wednesday, following the successful issuance of seven-year syndicated bonds. Greece "has accessed global markets today,...

Greece Aims to Raise Money from Capital Markets by Issuing New 7-Year Bond

Greece opened a book-building process for a seven-year syndicated bond on Holy Wednesday. The Greek government ordered Citi, Commerzbank, Credit Suisse, Morgan Stanley, Nomura and...

IMF Warns Greece Could Face The Worst Coronavirus Recession in Eurozone

The International Monetary Fund (IMF) recently presented its World Economic Outlook, in which it predicts that Greece could experience one of the worst recessions...

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