Economy

The Greek government plans to offer tax relief to households, to cut business taxes and offer incentives to lure wealthy individuals to change their tax residence to the country as part of a new bill which opened for public...

Experts recently announced that 2019 will be one of the best -- if not the best -- year in a decade in terms of the quality of Greek wines produced in the northern part of the country. As is widely known,...

The Greek economy is expected to grow by 1.8 percent this year and 2.3 percent in 2020, the European Commission said in its autumn forecasts released in Brussels on Thursday. The EU's executive body said it expected Greek GDP to...

The Consortium of Cante Holdings Ltd. was approved on Monday as the provisional winner in the bidding for ownership of the Piraeus Tower building. The economic commission of the municipality of Piraeus enabled the empty Commerce and Shipping Centre of Piraeus...

US Ambassador to Greece Geoffrey Pyatt said on Monday that he believes it is "pretty clear that Prime Minister Mitsotakis’s government has exceeded expectations in its first 120 days, and has done a tremendous amount of work to advance...

A Greek delegation headed by the country's Premier, Kyriakos Mitsotakis, met with Xi Jinping, the President of China, along with scores of other Chinese officials in Shanghai on Monday evening local time. "There is a government in Greece committed to...

According to a recent study published by Eurostat, Greeks and Germans pay exactly the same amount of taxes and levies to their national state coffers as a percentage of their nations' Gross Domestic Product. More specifically, 41.5% of Greek and...

Greece's Public Debt Management Agency (ΟΔΔΗΧ) announced on Wednesday that it pumped €625 million into the economy by selling 26-week Treasury Bills at a 0.000 percent interest rate. The total bids reached €1,802 million and the amount finally accepted by...

The European Stability Mechanism (ESM) on Monday approved an early partial repayment of Greece's outstanding loans to the International Monetary Fund (IMF). At the same time it will waive Greece's obligation to simultaneously repay the same proportion of outstanding loans...

Rating agency Standard and Poor's upgraded on Friday evening Greece's sovereign credit rating by one notch, from B+ to BB-. The agency noted that the decision of the government in August to lift the remaining capital controls was implemented without...