Economy

Greece's budget for 2019 will be assessed by creditors who will decide how the surplus will be spent, Eurogroup President Mario Centeno announced on Monday. Centeno, speaking at a press conference after the meeting of eurozone finance ministers, said that...

Interest rates will remain at low levels for the forseeable future and European central banks could continue using quantitative easing (QE) tools, according to a report by the Bank of Greece said on Thursday. The report was presented by Dimitris...

Global leaders of the shipping industry congregated in Athens this week as part of the 8th Annual Capital Link Operational Excellence in Shipping - Best Industry Practices Forum. The event took place on Tuesday at the Athens Hilton, drawing...

The necessity of the implementation of cuts already agreed to by the Greek government, including pension cuts and the lowering of the tax-free income threshold, was reiterated by the International Monetary Fund’s spokesperson in Washington. Gerry Rice said that it...

According to a study published by the Greek Ombudsman, the Greek state has increased the number of confiscations of bank deposits in recent years, in an effort to collect taxes and social security contributions. The Greek Ombudsman has received a...

The economy of Cyprus is expected to grow more than 3 percent over the next three years, according to Cypriot Finance Minister Harris Georgiades during his presentation of the state budget for 2019. Georgiades stated that higher education, as well...

The "8th Annual Capital Link Operational Excellence in Shipping – Best Industry Practices Forum," taking place today at the Athens Hilton, focuses on strategies to address the challenges ahead for the shipping industry. The forum brings together leaders and representatives from...

Greek Prime Minister Alexis Tsipras welcomed business delegations from the Arab world at the opening of the 3rd Euro-Arab Summit, held in Athens. In his speech, Tsipras paid tribute to all those who recognize the important investment opportunities offered by...

The Region of Crete along with FVW, the famous German travel news organization, are joining forces to present to the German public how Crete's sustainability leads to longevity. More than 45 editors, journalists, and tour operators will be in Crete...

The importance of sea tourism for Greece's economy was once again affirmed, in data released by the Institute of the Greek Tourism Confederation (INSETE). According to these figures, sea tourism, including sea cruises, yachting, and shipping, accounted for approximately...