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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...

Greek Economy Still Not Competitive, Survey Suggests

The International Institute for Management Development (IMD) published its new World Competitiveness rankings for 2019 on Tuesday, in which Greece not only remained very low...

Germany’s Schaeuble Admits Greece in Much Better Shape Now

Germany's former finance minister Wolfgang Schaeuble admitted on Friday that the Greek economy is in a much better position than it was eight years...

Austerity Cuts for Civil Servants Are Legal, Says Greece’s Top Court

The Council of State, Greece's highest court, ruled on Friday that the austerity cuts imposed on the country's civil servants during the years of...

Latest Data Reveal Greek Inflation on the Rise

ELSTAT, Greece's official statistics authority, released its latest data on the country's annual EU-harmonized inflation on Friday, which showed a slight increase in prices...

IMF Charges Tsipras’ Relief Measures Are Moving in the Wrong Direction

Peter Dolman, the chief of the IMF delegation in Greece, said on Thursday that Greek Premier Tsipras' announced relief measures ''are moving in the...

Greeks Owe More Than €104 Billion to the State, Official Data Reveals

The latest figures published last week by Greece’s Independent Authority of Public Revenue (AADE) revealed that unpaid taxes to the Greek state now amount...

More Than €2 Billion in Unpaid Taxes in Greece During First Two Months of...

According to the latest figures published by Greece's Independent Authority of Public Revenue, the amount of taxes Greek taxpayers did not pay to the...

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...

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