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EU Commission’s Autumn Forecast: Greek Economy To Grow By 2 % in 2019

The Greek economy is expected to grow by 2 per cent in the next three years, the European Commission said in its autumn forecast...

World Economic Forum: Greek Competitiveness Drops in 2018, Falls to 57th

Greek economic competitiveness declined in 2018. According to the World Economic Forum's annual report, Greece ranks in 57th place in competitiveness among 140 countries,...

U.S. Commerce Secretary Ross Calls on Greece to Remove Restrictions on Business

Greece completed its fiscal adjustment program successfully, and the next step is for the economy to enter a trajectory of real growth, U.S. Commerce...

Special Rules for Greek ECB Borrowing to End After Bailout Exit

Greece will be unable to access cut-rate European Central Bank funding from Aug. 21 -- a day after the expected 'official' exit from the...

Greek Bond Yields Rise Amid International Tensions

International market strife over U.S. sanctions on Russia and Turkey has had a knock-on effect with Greek bond yields breaking the four-percent mark on...

Greek Unemployment Falls in May

The Greek unemployment rate fell to 19.5 percent (seasonally adjusted) in May from 21.7 percent in May 2017 and 20 percent in April 2018,...

ESM Releases Last Bailout Tranche to Greece Worth €15B

Greece on Monday received a fifth and final multi-billion-euro payment ahead of the country's exit from its economic bailout scheduled for Aug. 20. The European Stability...

Greece Looks to Expand ‘Golden Visa’ Scheme for Investors

More so-called 'golden visas' for major non-EU investors in Greece could be on the way. An amendment in parliament submitted by Greece's Migration Policy Ministry...

Greek Employment Rose in First Quarter of 2018: Report

  The employment rate in Greece grew to 54.1 percent of the working population aged 15-64 in the first quarter of 2018, from 53.8 percent...

Greek Island VAT Issue Could Postpone Final Bailout Payment

The Board of Directors of the European Stability Mechanism (ESM) on Friday approved in principle the disbursement of the last tranche of bailout loans...

Greek Economy Will Recover if Athens Sticks to Reforms: EU

The Greek economy will continue recovering in the coming years if the country adheres to its reform commitments, the European Commission said in its...

Greek Bonds Rated ‘Investment’ Grade for First Time Since Crisis

Standard & Poor's have announced the upgrade of National Bank of Greece's three-year covered bonds worth €750 million ($881 million) to the BBB- credit...

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