Category: FINANCE

Majority of CEOs surveyed in Greece believe reforms will continue only with supervision
FINANCE
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FINANCE
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Majority of CEOs surveyed in Greece believe reforms will continue only with supervision

Panos - Jan 18, 2018

Roughly two out of three surveyed CEOs and general managers in Greece believe that reforms in the recession- and crisis-battered…

What types of properties Greeks bought in 2017
FINANCE
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FINANCE
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What types of properties Greeks bought in 2017

Panos - Jan 18, 2018

Nearly 9 out of 10 Greeks who bought property in 2017 bought it in cash. In addition, almost 3 out…

Piraeus Port Gets Ready To Welcome Mega Vessel
FINANCE
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FINANCE
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Piraeus Port Gets Ready To Welcome Mega Vessel

Panos - Jan 17, 2018

Greece’s shipping industry is showing serious signs of growth as a Piraeus port in the throes of a multi-million-euro expansion…

Greek gov’t goes to pot
FINANCE
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FINANCE
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Greek gov’t goes to pot

Panos - Jan 17, 2018

Greece's parliament is expected to approve the medical use of cannabis in the coming weeks, a deputy minister said Sunday,…

BoG Gov. Stournaras: Central bank has an obligation to publicly warn about risks
FINANCE
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FINANCE
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BoG Gov. Stournaras: Central bank has an obligation to publicly warn about risks

Panos - Jan 17, 2018

Influential Bank of Greece (BoG) Gov. Yannis Stournaras on Tuesday reiterated that the country's central bank has an obligation to…

FINANCE
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Citigroup predicts continued supervision of Greek finances after 3rd bailout ends

Panos - Jan 17, 2018

Citigroup on Monday cited published statements by outgoing Euro Group Working head Thomas Wieser to predict that Greece will continue…

Greeks work longest hours of all Europeans, OECD report says
FINANCE
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FINANCE
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Greeks work longest hours of all Europeans, OECD report says

makis - Jan 16, 2018

Greek workers were sometimes labeled as over-paid, lazy and eager to retire early after the financial crisis struck but those…

Greek Jan-Dec govt budget surplus beats target
FINANCE
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FINANCE
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Greek Jan-Dec govt budget surplus beats target

Panos - Jan 16, 2018

Greece’s central government attained a primary budget surplus of 1.96 billion euros in 2017, above target due to lower spending,…

Global tourist arrivals break 7-year record in 2017, UN Barometer reveals!
FINANCE
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FINANCE
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Global tourist arrivals break 7-year record in 2017, UN Barometer reveals!

Panos - Jan 16, 2018

Global tourism recorded its highest growth in 2017, with international arrivals rising by 7%, a performance well over the 4%…

144K more jobs created in Greece in 2017 than lost; majority low-paying part-time employment
FINANCE
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FINANCE
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144K more jobs created in Greece in 2017 than lost; majority low-paying part-time employment

Panos - Jan 16, 2018

New job spots exceeded redundancies in Greece over the previous year, 2017, by nearly 144,000, according to figures released on…

Greek banking association delegation received by Nouy, Coeuré in Frankfurt
FINANCE
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FINANCE
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Greek banking association delegation received by Nouy, Coeuré in Frankfurt

Panos - Jan 16, 2018

The chairwoman of the Single Supervisory Mechanism’s (SSM) supervisory board, Danièle Nouy, and ECB executive board member Benoît Coeuré on…

Cruise ship arrivals expected to rise by 4% in 2018
FINANCE
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FINANCE
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Cruise ship arrivals expected to rise by 4% in 2018

Panos - Jan 15, 2018

Arrivals in Greece of cruise ship passengers is expected to rise between 3.5-4% for 2018, according to the President of…

ESM’s Jense: Greece must continue with reforms even after bailout ends
FINANCE
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FINANCE
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ESM’s Jense: Greece must continue with reforms even after bailout ends

Panos - Jan 15, 2018

European Stability Mechanism (ESM) board member and funding chief Kalin Anev Janse on Friday reiterated that still bailout-dependent Greece would…

Public transport to stop in Athens due to strike on Monday
FINANCE
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FINANCE
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Public transport to stop in Athens due to strike on Monday

Panos - Jan 15, 2018

Public transport in Athens will come to a standstill on Monday, as workers in the bus, tram, trolley and metro…

Turning the page on the eurozone crisis: Economy and Finance in 2018
FINANCE
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FINANCE
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Turning the page on the eurozone crisis: Economy and Finance in 2018

Panos - Jan 12, 2018

On the tenth anniversary of the financial crisis, the European Union will definitively turn the page on the worst economic…

Greek Unemployment Rate Down to 20.7% in October
FINANCE
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FINANCE
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Greek Unemployment Rate Down to 20.7% in October

Panos - Jan 12, 2018

Greece’s jobless rate eased to 20.7% in October from an upwardly revised 20.8% in September, the country’s statistics service ELSTAT…

Εcon minister: Greece attracted roughly four bln€ in FDIs in 2017
FINANCE
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FINANCE
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Εcon minister: Greece attracted roughly four bln€ in FDIs in 2017

Panos - Jan 12, 2018

Greek Economy Minister Dimitri Papadimitriou, in statements to the public broadcaster on Wednesday, said foreign direct investments in Greece last…

Six Media Groups Bid for Greek TV Licences – No Bid by Mega Channel
FINANCE
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FINANCE
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Six Media Groups Bid for Greek TV Licences – No Bid by Mega Channel

Panos - Jan 12, 2018

Six media groups have applied to get TV licenses in Greece in the latest effort by government to shake up…

Greece among Top 10 nations for high fuel prices
FINANCE
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FINANCE
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Greece among Top 10 nations for high fuel prices

Panos - Jan 11, 2018

Greece is sixth in a list of countries with the most expensive auto fuel, with an average gasoline price of…

Amazon CEO Jeff Bezos surpasses Bill Gates as richest man in the world!
FINANCE
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FINANCE
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Amazon CEO Jeff Bezos surpasses Bill Gates as richest man in the world!

Panos - Jan 10, 2018

Amazon founder and CEO Jeff Bezos became the richest person in history Monday when his net-worth eclipsed $105.1 billion after…