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Tourists in Greece Spend 16% More Money This Year Compared to 2018

According to the latest figures published recently by the Bank of Greece, tourists visiting Greece during the first half of 2019 spent an average of 15.9...

Data Shows 3 Out of 10 Greek Businesses Set Up During Crisis Failed

According to a study which was recently conducted and published by Greece's Center of Planning and Economic Research, three out of every ten businesses...

Economic Confidence in Greece Jumps to 12-Year High in July

The index measuring confidence in the Greek economy jumped to 105.3 points in July from 101 in June, the highest level seen since March...

Eurostat Says Greece Recorded Largest Annual Unemployment Decline in April

The unemployment rate in Greece eased down to 17.6 percent of the workforce in April from the rate of 18.2 percent seen in March,...

Historic ”ETHNOS” Newspaper Suspends its Weekday Edition

Greece's historic ''ETHNOS'' newspaper announced to the public on Monday that it will suspend publication of its weekday edition beginning on July 31, 2019. The newspaper...

Greek Tax Inspectors Discover Widespread Violations for Month of June

AADE, the Greek Public Revenue Authority, disclosed some interesting information on Thursday about the magnitude of tax evasion and tax violations in its cities...

Capital Controls to Be Lifted by the End of September, 2019

The Bank of Greece and the Greek government are ready to completely lift capital controls in Greece, media reports suggested on Thursday. The restrictions to capital...

Bank of Greece Governor Stournaras Proposes Abolishment of Capital Controls

Υiannis Stournaras, the Governor of the Bank of Greece, revealed on Friday that he proposed to the new Prime Minister, Kyriakos Mitsotakis, the complete...

Greek Unemployment Falls to 17.6 Percent in April, Lowest Since 2011

The Greek unemployment rate fell to 17.6 per cent of the workforce in April 2019 from 18.2 per cent in March and 19.8 pct...

Greek Feta Cheese Exports to the UK Up by 214% in 10 Years

Exports of Greek feta cheese to the United Kingdom recorded an increase of 214 percent between 2008 and 2018, according to a survey conducted...

Reports Say Greek Banks to Axe Up to 4,000 Jobs in 2019

Greek banks are expected to cut up to 4,000 positions during the year 2019, various outlets in the Greek media reported on Monday. Most of...

Greek Vineyards to Be Open to the Public for Free Tours May 18-19

Greece's Unions of wine-makers plan to open the doors of their vineyards to the public during the weekend of May 18-19. Under the ''Open Doors'' initiative,...

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