Category: FINANCE

Germany won’t enlist in Macron’s European Army
FINANCE
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FINANCE
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Germany won’t enlist in Macron’s European Army

Panos - Nov 13, 2019

Now that German leaders have responded to French President Emmanuel Macron’s provocative remarks concerning the future of the North Atlantic…

Central Macedonia organic foods at Eco Life Scandinavia fair
FINANCE
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FINANCE
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Central Macedonia organic foods at Eco Life Scandinavia fair

Panos - Nov 13, 2019

The region of Central Macedonia will participate for a second consecutive year in the international food and beverages exhibition “Eco…

Government gears up to conclude fourth post-bailout review
FINANCE
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FINANCE
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Government gears up to conclude fourth post-bailout review

Panos - Nov 13, 2019

The Greek government is attempting to wrap up the prior actions required in the context of the fourth post-bailout review…

Council adopts framework for sanctions Turkey’s illegal drilling activities in the Eastern Mediterranean
FINANCE
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FINANCE
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Council adopts framework for sanctions Turkey’s illegal drilling activities in the Eastern Mediterranean

Panos - Nov 12, 2019

The Council adopted a framework for restrictive measures in response to Turkey’s unauthorised drilling activities in the Eastern Mediterranean. The…

Standard & Poor’s upgrades Greek banks
FINANCE
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FINANCE
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Standard & Poor’s upgrades Greek banks

Panos - Nov 11, 2019

Standard and Poor’s announced that it is upgrading the ratings of Greek banks in order to reflect the improved economy…

Competition watchdog “raids” offices of 4 systemic Greek banks
FINANCE
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FINANCE
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Competition watchdog “raids” offices of 4 systemic Greek banks

Panos - Nov 08, 2019

Special units from the Hellenic Competition Commission conducted a surprise audit at the headquarters of the four Greek systemic banks.…

US: Warning message to Turkey over Greek continental shelf
FINANCE
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FINANCE
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US: Warning message to Turkey over Greek continental shelf

Panos - Nov 08, 2019

Washington expressed concern at the possibility of Turkey expanding its drilling activities in the Greek continental shelf and in the…

Growth in Greece slightly better for 2020 at 2.3%, EC Autumn report forcecasts
FINANCE
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FINANCE
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Growth in Greece slightly better for 2020 at 2.3%, EC Autumn report forcecasts

Panos - Nov 08, 2019

The European Commission Autumn report published Thursday downgraded its growth forecast for Greece in 2019, but slightly revised its previous…

Hellenic Sugar Industry signs lease for two plants to consortium
FINANCE
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FINANCE
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Hellenic Sugar Industry signs lease for two plants to consortium

Panos - Nov 06, 2019

The Royal Sugar-Central Macedonian Cooperative Bank consortium was officially granted the lease to the two Hellenic Sugar Industry EBZ plants…

Greek feta cheese secures PDO designation in Chinese market
FINANCE
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FINANCE
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Greek feta cheese secures PDO designation in Chinese market

Panos - Nov 06, 2019

Greek feta cheese will be sold in China under a Protected designations of origin (PDO) mark, after intense and long-standing…

Greek banks promise to ‘freeze’ hikes in transaction fees
FINANCE
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FINANCE
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Greek banks promise to ‘freeze’ hikes in transaction fees

Panos - Nov 01, 2019

Banks reportedly reassured the Greek Ministry of Investment and Development Thursday that they would suspend the increases in bank transaction…

Greek Finance Minister: A further 10% cut in ENFIA tax is a possibility
FINANCE
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FINANCE
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Greek Finance Minister: A further 10% cut in ENFIA tax is a possibility

Panos - Oct 31, 2019

Greek Finance Minister Christos Staikouras left the possibility of a further 10% reduction of the annual real estate tax (ENFIA)…

ESM allows Greece early payment of expensive IMF loans
FINANCE
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FINANCE
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ESM allows Greece early payment of expensive IMF loans

Panos - Oct 29, 2019

The euro zone’s rescue fund, the European Stability Mechanism (ESM), agreed on Monday to allow Greece to pay back early…

Greeks in 5th spot globally in believing religion is important, Global Pew Survey shows
FINANCE
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FINANCE
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Greeks in 5th spot globally in believing religion is important, Global Pew Survey shows

Panos - Oct 29, 2019

Greeks are in the top 5 nationalities that consider religion important, according to Pew’s Global Attitudes Survey. Greeks are 5th…

Bankers back down on fee hikes after meeting with PM Mitsotakis
FINANCE
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FINANCE
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Bankers back down on fee hikes after meeting with PM Mitsotakis

Panos - Oct 25, 2019

Prime Minister Kyriakos Mitsotakis made it clear that the Government would not accept large bank fees for digital and non-banking…

Brexit deal passes
FINANCE
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FINANCE
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Brexit deal passes

Panos - Oct 23, 2019

MPs rejected his express timetable UK MPs voted in favour of Boris Johnson’s Withdrawal Agreement Bill, but rejected his express…

Greece first in investments per GDP with €12.1 billion under Juncker Plan
FINANCE
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FINANCE
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Greece first in investments per GDP with €12.1 billion under Juncker Plan

Panos - Oct 23, 2019

The European Fund for Strategic Investments (EFSI), also known as the Juncker Plan, will have a positive impact on the…

Greeks prepare for mid-term Autumn sales, Black Friday & Cyber Monday
FINANCE
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FINANCE
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Greeks prepare for mid-term Autumn sales, Black Friday & Cyber Monday

Panos - Oct 22, 2019

Consumers in Greece are getting ready for the mid-term sales of Autumn which are scheduled to kick off on November…

PPC to implement discounts on electricity rates
FINANCE
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FINANCE
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PPC to implement discounts on electricity rates

Panos - Oct 22, 2019

The Public Power Corporation (PPC) has been preparing an aggressive commercial policy with a new model of discounts on electricity…

Greek shipowners outspend the Chinese paying $ 2.5 billion for ship acquisition
FINANCE
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FINANCE
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Greek shipowners outspend the Chinese paying $ 2.5 billion for ship acquisition

Panos - Oct 21, 2019

Greek shipowners are in a battle for primacy in the acquisition of second-hand ships with their Chinese counterparts, as the…