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Greek Budget Revenues Exceed Targets by €287 Million in August

A positive surprise for Greece's public finances came to light on Monday, as according to the latest official data, the country's revenues were €287 million...

Greece Officially Requests Early Repayment of Expensive IMF Loans

Greek Finance Minister Christos Staikouras signed the official letters on Monday in which Greece requests to pay back to the International Monetary Fund (IMF) part...

ESM Chief Regling Says Greek Primary Surplus Targets Could Be Reduced

Chief of the European Stability Mechanism (ESM) Klaus Regling indicated on Friday that the European Institutions might consider reducing Greece's primary surplus targets beginning...

Unemployment Drops to 16.9 Percent in Greece, Lowest Point Since 2011

According to a new report that the Greece Statistical Authority ELSTAT announced on Thursday, unemployment in the country fell to 16.9 percent during the...

€7.4 Billion in VAT Revenue Lost in Greece in 2017; €137 Billion Lost EU-Wide

According to the latest data published by the European Commission on Thursday, the nation of Greece lost €7.4 billion in revenues from Value-Added Tax...

Greek Economy Grew by 1.9% During Second Quarter of 2019

The Greek economy grew by 1.9 percent during the second quarter of 2019, compared to the corresponding period in 2018, the Greek Statistical Authority...

Economic Confidence Climbs Even Higher in Greece in August

According to the latest figures published by Eurostat on Thursday, the Economic Sentiment Indicator (ESI), which was already on an upward trajectory, increased even...

Greece’s Borrowing Costs Hit New Record Low, Raising Economic Hopes

Greek state bond prices continued their downward rally on Wednesday, with the 10-year bond yield falling to a new all-time low of 1.811 percent. Greece's...

PM Mitsotakis Announces Complete Lifting of Capital Controls in Greece

Greek Prime Minister Kyriakos Mitsotakis made a surprising announcement of a complete lifting of all capital controls in Greece on Monday afternoon. The stunning news...

EU Commission Says it “Will Remain by Greece’s Side” One Year After Bailout Exit

The European Commission issued a statement on Tuesday on the occasion of the one-year anniversary of Greece officially exiting its bailout programs after its...

Report Shows Greece’s January-July Primary Surplus Surprisingly High

According to a report issued on Friday by Greece's Finance Ministry, the Greek state budget recorded a primary surplus of €1.779 billion in the...

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...

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