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Greek FinMin Examining to Issue Treasury Bills to Secure 4.5 Bln Euros

Towards the emergency issuing of Greek treasury bills is directed the Finance Ministry in order to secure some 4.5 billion euros for the country’s...

Tourist Arrivals in Greece Break 20-million ‘Barrier,’ Boosting Revenue by 10.6%

Tourist arrivals in Greece jumped 21.9% to top the 20 million "barrier" in January-October 2014, boosting travel industry revenue by 10.6% compared to the same...

SYRIZA Leader Tsipras Sternly Attacks Greek PM Samaras

SYRIZA leader Alexis Tsipras on Sunday sternly attacked Prime Minister Antonis Samaras and Bank of Greece (BoG) governor Yannis Stournaras at his address...

BoG Governor: Greece Needs Long-term Fiscal Adjustment

Long-term fiscal adjustment and a precautionary credit line from European partners were the recommendations made by Bank of Greece (BoG) governor Yannis Stournaras in...

Greek State Officials Arrested For Blackmailing Businessman

Earlier today, Greek Police arrested two Financial Crime Unit (SDOE) officials, as well as an accountant, a Bank of Greece (BoG) employee and another Finance Ministry employee, following an...

BoG Governor: Greek Banking System has Turned Page

In a statement to "Efimerida ton Syntakton" newspaper, Bank of Greece (BoG) Governor Yannis Stournaras said that "today, the Greek banks are based on more solid...

ECB President Promises Funding to Greek Banks

Bank of Greece (BoG) Governor Yannis Stournaras and European Central Bank (ECB) chief Mario Draghi have come to an agreement to provide Greek banks...

Which Tourists Spend the Most in Greece

Although tourist arrivals this summer hit a record high, revenue from tourism in July and the first months of 2014 remained low due to the...

Bank Credit to Private Sector Falls Further in July‏

Bank credit to the domestic private sector remained negative in July, with the annual growth rate of total credit extended to the domestic private...

The Tourists That Spend The Most During Their Stay in Greece

Foreign tourism in Greece led to a four billion euro revenue during the first half of 2014, a significant increase of 13.4% (464 million...

Greek Current Account Balance Shows 1.4-bln-euro Surplus in June

Greece's current account balance showed a surplus of 1.4 billion euros in June, up 53% compared to the same period last year, the Bank...

Immigrants Massively Leaving Greece

Many immigrants who once chose Greece as a destination for a better future are massively returning to their homeland, as they are unable to...

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