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Greeks Pay Same Amount of Taxes and Other Levies As Germans, Study Finds

According to a recent study published by Eurostat, Greeks and Germans pay exactly the same amount of taxes and levies to their national state...

Greek State Borrows €625 Million at Interest Rate of Zero

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...

Standard And Poor’s Upgrades Greece; Expects Growth Higher than Eurozone Average

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...

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...

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