Category: FINANCE

U.S. Ambassador: American Investors Look at Greece Again
FINANCE
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FINANCE
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U.S. Ambassador: American Investors Look at Greece Again

Panos - Nov 17, 2017

U.S. Ambassador to Greece Geoffrey Pyatt on Thursday said he believes that 2018 will be a turning point for Greek…

EU handling of Greek bailouts only partial success – auditors
FINANCE
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FINANCE
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EU handling of Greek bailouts only partial success – auditors

Panos - Nov 17, 2017

The EU’s handling of three bailout programmes for Greece during the eurozone’s financial crisis had several weaknesses and was only…

Greek exports, imports up over first 9-months of 2017; trade deficit at 16.2 bln€
FINANCE
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FINANCE
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Greek exports, imports up over first 9-months of 2017; trade deficit at 16.2 bln€

Panos - Nov 17, 2017

Greece's balance of trade deficit reached 16.2 billion euros in the first nine months of 2017, an increase of 2.6…

Tourism in Athens: Hotel capacity up, tourist satisfaction down
FINANCE
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FINANCE
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Tourism in Athens: Hotel capacity up, tourist satisfaction down

Panos - Nov 16, 2017

According to data compiled by GBR Consulting, the number of visitors to Athens and the revenues for hotel owners might…

TUI Austria: Greece topped reservations list for 2017
FINANCE
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FINANCE
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TUI Austria: Greece topped reservations list for 2017

Panos - Nov 16, 2017

TUI Austria this week announced that Greece topped its reservations list for the recently ended summer season, as well as…

Hedge Fund Manager: Investors Ready to Pour Billions into Greek Economy after Political Change
FINANCE
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FINANCE
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Hedge Fund Manager: Investors Ready to Pour Billions into Greek Economy after Political Change

Panos - Nov 16, 2017

Hedge fund manager, Kyle Bass, believes that Greece will come out of the crisis and investors will pour billions into…

No excuse to pollute: Why coal is on trial in Greece
FINANCE
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FINANCE
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No excuse to pollute: Why coal is on trial in Greece

Panos - Nov 16, 2017

Illegal pollution from coal power plants is an issue all over Europe – the latest plants facing legal action are…

Greece returns to the markets with a 30 billion Euros swap
FINANCE
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FINANCE
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Greece returns to the markets with a 30 billion Euros swap

makis - Nov 15, 2017

The Greek State and with an official announcement, is attempting a new exit to the markets by proposing to the…

The Top 1 Percent Owns Over Half Of The World’s Household Wealth
FINANCE
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FINANCE
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The Top 1 Percent Owns Over Half Of The World’s Household Wealth

Panos - Nov 15, 2017

Around half of the world’s household wealth is in the hands of the richest 1 percent of adults, according to…

Greece 2nd most popular destination for Russians in 2017
FINANCE
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FINANCE
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Greece 2nd most popular destination for Russians in 2017

Panos - Nov 14, 2017

Greece was the second most popular foreign destination for Russian tourists in 2017, according to an analysis report by the…

EU Commission Report Praises Greek Reforms, Asks for More
FINANCE
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FINANCE
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EU Commission Report Praises Greek Reforms, Asks for More

Panos - Nov 14, 2017

The European Commission talked up the Greek government’s reform drive, but warned that more reforms are required, as creditors are…

A 9% rise in flights to Greece in 2017, Tourism Minister Kountoura says
FINANCE
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FINANCE
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A 9% rise in flights to Greece in 2017, Tourism Minister Kountoura says

Panos - Nov 14, 2017

“Strengthening connectivity is the key to tourism development”, underlined Tourism Minister Elena Kountoura in the framework of the 33rd Philoxenia…

Paradise Papers is an ‘opportunity’ for EU to tackle multinational tax evasion, says Greek MEP
FINANCE
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FINANCE
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Paradise Papers is an ‘opportunity’ for EU to tackle multinational tax evasion, says Greek MEP

Panos - Nov 14, 2017

The Paradise Papers has presented the EU with a golden opportunity to crack down on tax evasion by multinationals and…

Bloomberg: Greece Hopes Its Economy Can Get High From Medical Weed
FINANCE
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FINANCE
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Bloomberg: Greece Hopes Its Economy Can Get High From Medical Weed

Panos - Nov 14, 2017

Investors in medical cannabis projects are focusing on Greece, where a warm, sunny climate and potentially favorable future legislation could…

PM Tsipras announces benefits starting from a meagre € 250 for households
FINANCE
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FINANCE
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PM Tsipras announces benefits starting from a meagre € 250 for households

Panos - Nov 14, 2017

The government will distribute a total of 1.4 billion euros in one-off welfare benefits. more than double that paid out…

EU nations sign up for new era of deeper defense cooperation
FINANCE
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FINANCE
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EU nations sign up for new era of deeper defense cooperation

makis - Nov 13, 2017

European Union countries on Monday officially launched a new era in defense cooperation with a program of joint military investment…

Airbnb refuses to disclose financial data to Greek Finance Ministry
FINANCE
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FINANCE
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Airbnb refuses to disclose financial data to Greek Finance Ministry

makis - Nov 13, 2017

Airbnb’s refusal to provide the Treasury Department with information on property rental in Greece is subject to a tax on…

Taxes, Transport Costs Force Closure of Historic Cosmetics Company in Chios
FINANCE
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FINANCE
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Taxes, Transport Costs Force Closure of Historic Cosmetics Company in Chios

Panos - Nov 13, 2017

A historic cosmetics company at the island of Chios, Greece has decided to close its operations and move elsewhere, citing…

Greek yogurt is produced only in Greece, Commission warns Prague
FINANCE
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FINANCE
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Greek yogurt is produced only in Greece, Commission warns Prague

Panos - Nov 13, 2017

The denomination “Greek yogurt” cannot be used for yogurts produced outside Greece, a European Commission spokesperson told EURACTIV.com amid mounting…

Inflation rate rises for 10th straight month in Oct. 2017 after several years of deflation
FINANCE
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FINANCE
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Inflation rate rises for 10th straight month in Oct. 2017 after several years of deflation

Panos - Nov 10, 2017

The inflation rate in Greece posted a 10th consecutive monthly increase in October 2017, rising by 0.7 percent compared to…