Cost of Labor Increased By 2.2 Percent in Euro-Area, Data Reveals

The cost of labor was increased by 2.2 percent in Euro-area during the second quarter of 2018, according to data published by Eurostat. This didn’t...

Greece’s Primary Surplus Well Above Target, Data Shows

During the period between January and August 2018, the General Government of Greece achieved a primary budget surplus of €3.14 billion ($3.67 billion), thanks...

‘No Agreement For Cancellation of Pension Cuts’ Greek Government Source Says

A high-ranked source from within the Greek Government has denied the claims that Athenian and Macedonian News Agency's report made regarding an alleged deal between...

Greece’s Privatization Fund Grants 20-Year Extension To Athens’ Airport Concession

The Athens International Airport El. Venizelos was granted a twenty-year extension to its concession agreement with the Hellenic Republic Asset Development Fund worth a total...

EU Commission on Greece’s Pensions Cuts: Apply What Has Been Agreed

The European Commission has dismissed the report by the Athens-Macedonian News Agency (AMNA) that claimed that Greece's creditors have agreed to cancel the pension...

Greek Pension Cuts ‘Maybe Cancelled’ – Report

A report by the Athens-Macedonia News Agency (AMNA) says that the pension cuts scheduled to come into effect from the beginning of 2019 maybe...

E-commerce Update: Survey Reveals What Greeks Buy and Sell Online

The online market is growing rapidly, according to a survey conducted by the global giants Paypal and Ipos. The survey observed e-commerce growth in 31 countries, including Greece. Here...

What’s Been Agreed Has to Be Implemented, Juncker Says on Greece’s Pension Cuts

The President of the European Commission, Jean Claude Juncker, held an interview with journalists following his State of The Union speech in the European...

Creditors Begin the First Post-Bailout Audits in Greece

Representatives of Greece's international creditors -- the European Union and the International Monetary Fund -- arrived in Athens on Monday for the scheduled audits...

U.S. Commerce Secretary Ross Calls on Greece to Remove Restrictions on Business

Greece completed its fiscal adjustment program successfully, and the next step is for the economy to enter a trajectory of real growth, U.S. Commerce...

New Record-Breaking Month for Passenger Traffic at Athens International Airport

According to data released by Greece's largest airport, Athens International Airport (AIA), August 2018 was the month with the highest number of passenger traffic. 2,886,740 people...

Greece’s Budget Primary Surplus €605 Million Higher Than Same Period Last Year

Greece’s state budget primary surplus was €605 million ($702 million) higher during the first seven months of 2018 compared to the same period last...

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