Greece’s Creditors “Concerned” About Minimum Wage Hike

Greece’s creditors expressed deep concern on Thursday over the recent decision by the government to increase the minimum wage by 11 percent, according to...

Greece Raises 2.5 Billion Euros From Bond Auction

File photo Greece launched a 5-year bond auction on Tuesday, with the financial products having a yield of 3.6 percent. The sale successfully raised a...

Trans-Adriatic Natural Gas Pipeline Nearly Complete

Katerina Papalexandri, the manager of the Greek section of the new pipeline, announced on Monday that the construction of the Trans-Adriatic Pipeline is nearly complete. Speaking...

Greek Farmers Block Main Highways in Protests

Greek farmers from across the country have started protesting by blocking roads and highways in many areas across the nation. The farmers are demanding lower...

Greece Raises Minimum Wage to €650, Nixes Sub-Minimum for Under-25s

Greek Prime Minister Alexis Tsipras announced on Monday that the nation will raise its minimum wage to €650 ($745) per month, and his government will...

EU Warns of “Potential Instability” in Greek Banking Sector

Valdis Dombrovskis, Vice President of the European Commission, warned on Sunday of "potential instability" in Greece's recovery due to its increasing amount of non-performing loans...

Greece Plans Return to Markets With Five-Year Bond

Greece's debt agency announced the country's return to the bond markets on Monday, with a five-year syndicated issue of the financial product. The bond issue...

Creditors Leave Athens Without Plan for Settling Tax Debt

The Greek government did not present their plans for settling tax debt in 120 installments during negotiations this week in Athens with their creditors'...

Experts Warn Macedonian Businesses to Register Trademarks Now

Athanasios Saropoulos, the president of the Central Macedonian branch of the Geotechnical Chamber of Greece, warned on Wednesday that regional agri-food businesses should register...

Attica Region Touted as Ultimate Wedding Destination

Local authorities from Greece’s largest prefecture of Attica revealed this week that they plan to promote wedding tourism in the region in the coming year. The...

Greece Removes Archaeological Sites from Privatization Fund After Protests

The Greek government has decided to remove more than 2,000 ancient sites, monuments and museums from a state assets fund after archaeologists protested, fearing...

Greece’s Public Debt on the Rise

Greece’s public debt reached €334.988 billion in the third quarter of 2018, an increase of €21.493 billion over that of the same quarter in...

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