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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...

Greece Opens Books For New 7-Year Bond, Third Time Since Bailout Exit

Greece opened its books for a new 7-year bond on Tuesday morning. The new Conservative government aims to earn approximately €2.5 billion, in an effort...

Greece To Launch New 7-Year Bond, Says Public Debt Management Organization

Greece's Public Debt Management Organization issued an announcement on Monday notifying the Athens Stock Exchange that the country will soon be ready to launch...

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...

Bank of Greece Forecasts 1.9% Growth for 2019 and Lower Primary Surplus

The Bank of Greece published its interim report on Monetary Policy on Monday, where it highlights some interesting projections for the future of Greece’s...

Greek Unemployment at 19.2 Percent in First Quarter of 2019

The Greek unemployment rate fell to 19.2 percent of the workforce in the first quarter of 2019. This rate is a substantial decrease from...

Eurogroup to Discuss Greek Economy After National Elections

It is highly improbable that issues involving Greece will be discussed at Thursday's Eurogroup in Luxembourg, a top Eurozone official said on Wednesday to...

EU Commission Concerned Over Greek Government’s Handouts

The European Commission published its ''2019 Spring Package'' on Wednesday, in which it comments on the economic situation of every member state and proposes...

Greece’s Borrowing Now Costs Same As Italy’s; 10-Year Bond Hits Record Low

The interest rate for Greece's ten-year bond yield fell on Friday to an all-time low, reaching levels under three per cent, for the first time...

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