Category: FINANCE

Mitsotakis to FT: No Troika-like conditions for aid via EU Rehabilitation Fund
FINANCE
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FINANCE
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Mitsotakis to FT: No Troika-like conditions for aid via EU Rehabilitation Fund

Panos - Jul 06, 2020

PM Kyroiakos Mitsitakis made it clear in an interview to Financial Times that his government would not accept any strict…

Greece successfully auctioned six-month bonds
FINANCE
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FINANCE
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Greece successfully auctioned six-month bonds

Panos - Jul 02, 2020

Greece auctioned successfully on Wednesday a six-month bond raising 812.5 million Euros from the market at a lower cost. The…

Hatzidakis: Greece will make the most of European funds to restart the economy
FINANCE
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FINANCE
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Hatzidakis: Greece will make the most of European funds to restart the economy

Panos - Jun 24, 2020

Environment & Energy Minister Kostis Hatzidakis said that Greece will make the most of European funds to restart the economy,…

Tax statement submission deadline extended to July 29
FINANCE
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FINANCE
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Tax statement submission deadline extended to July 29

Panos - Jun 19, 2020

The Ministry of Finance has extended the deadline for Greek citizens to file their tax statements for the fiscal year…

Israel sends clear message of support to Greece in light of Turkish aggression (read full joint statement)
DEFENCE
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DEFENCE
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Israel sends clear message of support to Greece in light of Turkish aggression (read full joint statement)

Panos - Jun 17, 2020

Israel expressed its full support to Greece regarding maritime zones and its opposition to any attempt to violate these rights…

Greece sells 12-month T-bills
FINANCE
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FINANCE
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Greece sells 12-month T-bills

Panos - Jun 11, 2020

Greece on Wednesday successfully auctioned a 12-month Treasury bill issue raising 1.3 billion euros from the market. The return of…

Cafes, restaurants reopening with strict safety rules
FINANCE
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FINANCE
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Cafes, restaurants reopening with strict safety rules

Panos - May 25, 2020

Greece’s cafes and restaurants are reopening for business on Monday following a long hiatus, as they closed just over two…

Merkel intervenes in damaging row between Germany and Brussels
FINANCE
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FINANCE
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Merkel intervenes in damaging row between Germany and Brussels

Panos - May 13, 2020

Angela Merkel has stepped in to try to find a way out of a damaging clash between Germany and Brussels…

Turkey to inject $3 billion into economy in last ditch attempt to salvage failing economy
FINANCE
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FINANCE
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Turkey to inject $3 billion into economy in last ditch attempt to salvage failing economy

Panos - May 13, 2020

Turkish President Recep Tayyip Erdogan is doubling down on his highly precarious monetary policies in an effort to buttress the…

FinMin Staikouras details second phase of measures to help in Covid-19 fallout
FINANCE
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FINANCE
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FinMin Staikouras details second phase of measures to help in Covid-19 fallout

Panos - May 01, 2020

Greek Finance Minister Christos Staikouras announced a new, targeted package of measures for the repercussions of the Covid-19 pandemic in…

Greek GDP rose to 184.714 billion euros in 2019, Eurostat report
FINANCE
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FINANCE
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Greek GDP rose to 184.714 billion euros in 2019, Eurostat report

Panos - Apr 23, 2020

Greece’s general government surplus reached 2.7 billion euros or 1.5 pct of GDP in 2019, based on the ESA 2010…

Greek current account deficit widened in January-February
FINANCE
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FINANCE
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Greek current account deficit widened in January-February

makis - Apr 21, 2020

The Greek current account deficit widened to 2.4 billion euros in the January-February period, up 231 million compared with the…

Greek state budget showed primary surplus of 595 million Euros in January-March
FINANCE
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FINANCE
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Greek state budget showed primary surplus of 595 million Euros in January-March

makis - Apr 15, 2020

The Greek state budget recorded a primary surplus of 595 million euros in the January-March period, up from a budget…

IMF predicts shocking 10% recession for Greece in 2020 due Covid-19 crisis
FINANCE
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FINANCE
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IMF predicts shocking 10% recession for Greece in 2020 due Covid-19 crisis

makis - Apr 14, 2020

The IMF estimates that the effects of the coronavirus crisis on the Greek economy will be devastating due to the…

US Ambassador Geoffrey Pyatt: We are impressed how the Greek government attacked the coronavirus
FINANCE
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FINANCE
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US Ambassador Geoffrey Pyatt: We are impressed how the Greek government attacked the coronavirus

Panos - Apr 13, 2020

The US Ambassador to Greece, Geoffrey Pyatt, congratulated PM Kyriakos Mitsotakis and his government on the immediate and effective measures…

Christine Lagarde: The ECB helps firms & families
FINANCE
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FINANCE
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Christine Lagarde: The ECB helps firms & families

Panos - Apr 09, 2020

“If not all countries are cured, the others will suffer. Solidarity is in fact self-interest” By Christine Lagarde, President of…

European Commission approves 1.2 billion euros to support Greek economy
FINANCE
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FINANCE
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European Commission approves 1.2 billion euros to support Greek economy

Panos - Apr 09, 2020

The European Commission has approved a 1.2 billion euro Greek aid scheme to support the Greek economy in the context…

FINANCE
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Coronavirus could lead to breakup of Eurozone, EuroGroup head Centeno warns

Panos - Apr 01, 2020

The Finance Minister of Portugal and EuroGroup President Mario Centeno warned the 19 Eurozone Finance Ministers in letter that the…

Private hospitals and hotels to receive €40m in compensation in coronavirus crisis
FINANCE
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FINANCE
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Private hospitals and hotels to receive €40m in compensation in coronavirus crisis

Panos - Apr 01, 2020

Private hospitals and hotels that seized by the Greek state for the purpose of serving the public interest in the…

Facebook offers $100 million to prop up news organisations
FINANCE
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FINANCE
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Facebook offers $100 million to prop up news organisations

Panos - Mar 31, 2020

Facebook says it’s dedicating $100 million to prop up news organisations pummelled by the financial effects of the coronavirus pandemic.…