Category: FINANCE

Former US Treasury Secretary Jack Lew for Greece
FINANCE
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FINANCE
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Former US Treasury Secretary Jack Lew for Greece

Panos - Sep 26, 2017

Former US Treasury Secretary Jack Lew will stress that fiscal improvement by Greece over the last few years lays the…

ECB may bring forward Greek bank stress test next year
FINANCE
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FINANCE
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ECB may bring forward Greek bank stress test next year

Panos - Sep 26, 2017

The European Central Bank may bring forward its stress test of Greek banks next year, finalising data well before Greece…

Piraeus Port Authority reports higher profits, turnover for H1 2017
FINANCE
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FINANCE
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Piraeus Port Authority reports higher profits, turnover for H1 2017

Panos - Sep 26, 2017

The Cosco-managed Piraeus Port Authority (PPA) on Monday announced higher profits and turnover in its H1 2017 results. Specifically, turnover…

Dijsselbloem says “clean exit” from memorandum for Greece the goal, but supervision will continue…
FINANCE
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FINANCE
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Dijsselbloem says “clean exit” from memorandum for Greece the goal, but supervision will continue…

makis - Sep 25, 2017

“We share a common and strong interest in completing the review quickly before the end of year”, said EuroGroup President…

Further support for Greek SMEs & MidCaps: EIB & Eurobank sign EUR 150 million financing agreement
FINANCE
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FINANCE
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Further support for Greek SMEs & MidCaps: EIB & Eurobank sign EUR 150 million financing agreement

Panos - Sep 25, 2017

The European Investment Bank (EIB) and Eurobank have signed a EUR 150 million loan agreement to finance eligible projects undertaken…

Dijsselbloem-Mitsotakis meeting on Mon.
FINANCE
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FINANCE
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Dijsselbloem-Mitsotakis meeting on Mon.

Panos - Sep 25, 2017

Visiting Eurogroup chairman Jeroen Dijsselbloem will meet in Athens on Monday with main opposition New Democracy (ND) president Kyriakos Mitsotakis.…

Germans have a strong “footprint” in Greek tourism
FINANCE
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FINANCE
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Germans have a strong “footprint” in Greek tourism

Panos - Sep 25, 2017

German tourists steadily “feed” Greek tourism and are in the last few years in the top positions with regard to…

TTF to sell northern Greece photo-voltaic parks to Chinese multinational SPI Energy Ltd.
FINANCE
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FINANCE
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TTF to sell northern Greece photo-voltaic parks to Chinese multinational SPI Energy Ltd.

Panos - Sep 22, 2017

The Thermi Taneo venture capital fund (TTF) this week announced an agreement to set photo-voltaic parks in Greece with a…

Investors Are Switching From Portuguese to Riskier Greek Debt for Better Returns
FINANCE
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FINANCE
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Investors Are Switching From Portuguese to Riskier Greek Debt for Better Returns

Panos - Sep 22, 2017

Portugal’s credit-rating boost and the ensuing bond rally have prompted fund managers from BlueBay Asset Management and Old Mutual Global…

Greece tells China to cancel fake geographical indications
FINANCE
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FINANCE
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Greece tells China to cancel fake geographical indications

Panos - Sep 22, 2017

A Greek minister has warned China to cancel fake trademarks of two Greek products including feta cheese in order for…

OECD: Greek economy stabilized in 2016; 1.1% GDP growth in 2017, 2.5% in 2018
FINANCE
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FINANCE
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OECD: Greek economy stabilized in 2016; 1.1% GDP growth in 2017, 2.5% in 2018

Panos - Sep 21, 2017

The Organisation for Economic Co-operation and Development (OECD) on Wednesday projected growth in recession-plagued Greece to reach a very modest…

Greek Reporter: IMF’s Christine Lagarde to Visit Athens “Soon”
FINANCE
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FINANCE
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Greek Reporter: IMF’s Christine Lagarde to Visit Athens “Soon”

Panos - Sep 21, 2017

Christine Lagarde is planning a visit to Athens “soon” in order to discuss the future position of the IMF in…

Reuters: Greece considers bond swap as looks to bailout exit
FINANCE
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FINANCE
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Reuters: Greece considers bond swap as looks to bailout exit

Panos - Sep 21, 2017

Greece is considering swapping 20 small bond issues for four or five new ones, government sources said, as it prepares…

Tourism revenue over 7 billion Euros, BoG provisional data shows
FINANCE
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FINANCE
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Tourism revenue over 7 billion Euros, BoG provisional data shows

Panos - Sep 21, 2017

Greek tourism recorded a double-digit rise in arrivals for the month of July, according to provisional balance of payments data…

Markets uncertain over success of 3rd Greek evaluation, global media say
FINANCE
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FINANCE
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Markets uncertain over success of 3rd Greek evaluation, global media say

makis - Sep 20, 2017

International media do not share the optimism expressed by the Greek government about the timely completion of the third evaluation,…

Only Vatican and Greece enjoy such financial benefits, says EWG head
FINANCE
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FINANCE
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Only Vatican and Greece enjoy such financial benefits, says EWG head

makis - Sep 20, 2017

The President of the Euro Working Group (EWG) Thomas Weiser warned that Greece would be under the oversight of its…

Greek Debt Crisis: Why Syriza Continues to Lose
FINANCE
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FINANCE
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Greek Debt Crisis: Why Syriza Continues to Lose

Panos - Sep 20, 2017

This past August marked the second anniversary of the Greek debt crisis and the third major piling on of debt…

Bloomberg: It’s Bailout-Review Time in Greece and Markets Are Wary – Again
FINANCE
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FINANCE
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Bloomberg: It’s Bailout-Review Time in Greece and Markets Are Wary – Again

Panos - Sep 20, 2017

The moment of reckoning may soon be upon Greece. As the country enters the final year of its bailout, questions…

Tax offenders before 2006 in the clear, according to gov’t circular
FINANCE
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FINANCE
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Tax offenders before 2006 in the clear, according to gov’t circular

makis - Sep 19, 2017

The Independent Authority for Public Revenue issued a circular on Monday that effectively ends the hostage status of tens of…

Greece backtracks on ‘ineffective’ excise tax on wine
FINANCE
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FINANCE
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Greece backtracks on ‘ineffective’ excise tax on wine

Panos - Sep 19, 2017

The Greek government will soon table an amendment to abolish excise duty on wine as it has not brought the…