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Cyprus to Tap Markets With its First-Ever 30-Year Bond

Cyprus has mandated investment banks to manage a double bond issue comprising a 5-year and a 30-year, euro-based bonds, the country's Ministry of Finance...

Greece Formally Requests Early Repayment of Expensive IMF Loans

The Greek Finance Ministry sent to the European Stability Mechanism (ESM) on Monday evening the government's proposal for the repayment of part of the...

Trips Abroad See Record Year as Greeks Traveled 8 Million Times in 2018

2018 was another record-breaking year for tourism as Greeks went abroad approximately eight million times between January 1 and December 31. According to the latest...

Greek State Budget Surplus Up by €1 Billion Compared to First Quarter of 2018

The Greek state budget recorded a primary surplus of €1.85 billion in the first quarter of 2019, up from a surplus of €840 million...

Cosco’s Piraeus Investment Plan to Be Resubmitted for Approval

China’s Cosco shipping consortium is expected in the coming days to re-submit its multi-million-euro investment plan for Piraeus to the country's Committee of Planning and...

Top Greek Easter Destination Bookings Up by 15%

The Federation of Hellenic Associations of Travel & Tourism Agencies revealed on Friday that thus far, an increase of approximately fifteen percent has been...

Greece Officially Joins China’s ”16+1” Partnership With Central and Eastern Europe

Greece officially joined the ''Cooperation between China and Central and Eastern European Countries'' Group, which had been known as ''16+1,'' on Friday. At the end...

Greece Toughens Redundancy Procedures in Compliance With European Social Charter

Greece's Labor Ministry plans to introduce over the following days the ''Valid Reason Principle'' into Greek law regarding workers losing their jobs due to...

Greece Plans to Join ”16+1”, China’s Partnership With Central and Eastern Europe

The Greek Government intends to join the ''16+1 Group'', comprising number of Central and Eastern European States which have close ties with China. The news...

Greek Feta Receives Exemption From Proposed US Tariffs on EU Products

Greece's Agricultural Development and Foods Ministry announced on Wednesday that it gained an exemption from an approximate ten percent levy on Greek feta cheese...

Greek Bond Rally Continues, 10-Year Yield At Lowest Level Since 2005

Thursday brought some good news for the Greek economy as the country's government bond yields continued their downward trend, reaching the lowest levels seen...

Latest Figures Show Huge Increase in Foreign Capital Buying Properties in Greece

According to the latest data published by the Bank of Greece on Wednesday, the foreign capital flowing into the country to buy properties in...

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