Category: FINANCE

State budget net revenue 10.4% above targets in January
FINANCE
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FINANCE
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State budget net revenue 10.4% above targets in January

makis - Feb 15, 2016

The Ministry of Finances has announced that the State budget net revenue totaled 4.219 billion euros in January, up 10.4%…

Farmers convene on Monday to decide next strike actions
FINANCE
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FINANCE
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Farmers convene on Monday to decide next strike actions

makis - Feb 15, 2016

The nationwide coordinating committee of road blocks set up by farmers has arranged a general assembly of the 68 blocks…

FINANCE
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State budget net revenue 10.4% above targets in January

Panos - Feb 15, 2016

The Ministry of Finances has announced that the State budget net revenue totaled 4.219 billion euros in January, up 10.4%…

FINANCE
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Protesting farmers to submit proposals to government

Panos - Feb 15, 2016

A delegation of Greek farmers, protesting over planned changes to social security, were expected to submit their proposals to the…

Greece’s lenders present new proposal
FINANCE
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FINANCE
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Greece’s lenders present new proposal

chris1 - Feb 14, 2016

Greece’s lenders have suggested to the government that cutting existing pensions above 1,500 euros per month could lead to the…

Greek banks won’t need further recapitalisation
FINANCE
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FINANCE
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Greek banks won’t need further recapitalisation

ilias1 - Feb 14, 2016

There is no reason to believe that Greek banks will need further recapitalisation, after the latest round provided them with…

Gov’t: Cyprus, Greece, Lebanon seek trilateral partnership
FINANCE
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FINANCE
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Gov’t: Cyprus, Greece, Lebanon seek trilateral partnership

chris1 - Feb 14, 2016

Government spokesman Nikos Christodoulides told CNA that this will be the first meeting between the three countries, at a Ministers’…

FINANCE
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Brussels estimates that the Greek bailout review may take months

ilias1 - Feb 13, 2016

A report by the MNI news agency, which cites an unnamed high ranking EU officer, suggests that the review of…

ELSTAT documents 0.6% rate of recession in Q4 2015
FINANCE
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FINANCE
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ELSTAT documents 0.6% rate of recession in Q4 2015

ilias1 - Feb 13, 2016

The Greek statistics authority ELSTAT has published its latest flash estimates on the gross domestic product (GDP) for the final…

FINANCE
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Dijsselbloem urges ECB to study security risks of 500 euro banknote

Panos - Feb 12, 2016

The European Central Bank should make proposals on how to reduce security risks linked to the 500 euro note which…

FINANCE
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Athens Stock Exchange opens with gains on Friday

Panos - Feb 12, 2016

The Athens Stock Exchange has opened with minor gains on Friday morning, after significant losses over the past few sessions…

Greek farmers head for Athens for protest against taxes
FINANCE
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FINANCE
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Greek farmers head for Athens for protest against taxes

Panos - Feb 12, 2016

Farmers from across Greece have begun gathering in Athens for a two-day protest against the government and its plans to…

Excessive borrowing and corruption caused the economic crisis
FINANCE
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FINANCE
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Excessive borrowing and corruption caused the economic crisis

makis - Feb 11, 2016

About 7 out of 10 Greeks blame the Greek system for the major financial crisis of the past five years,…

FINANCE
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Mouzalas: “Refugee crisis will cost Greece over €1bn in 2016”

Panos - Feb 11, 2016

The Alternate Minister of Migration Policy Yannis Mouzalas estimated that the refugee crisis will cost about 1 billion euros for…

FINANCE
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Unease as Greek, Portuguese bond rates spike

Panos - Feb 11, 2016

The financial market turmoil is drawing attention back to the ability of a number of countries that use the euro…

FINANCE
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Greek unemployment decreases in November, says ELSTAT

Panos - Feb 11, 2016

Greece’s seasonally adjusted unemployment rate in November 2015 stood at 24.6 percent, down from 25.9 percent recorded in the same…

FINANCE
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Athens Stock Exchange records another decline

Panos - Feb 11, 2016

Equity prices were dropping again on Thursday on the Athens Stock Exchange (ASE) for fourth day in a row with…

Excessive borrowing and corruption caused the economic crisis
FINANCE
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FINANCE
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Excessive borrowing and corruption caused the economic crisis

Panos - Feb 11, 2016

About 7 out of 10 Greeks blame the Greek system for the major financial crisis of the past five years,…

Greece to attend Eurogroup meeting without having institutions’ proposals
FINANCE
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FINANCE
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Greece to attend Eurogroup meeting without having institutions’ proposals

Panos - Feb 11, 2016

Greek Finance Minister Euclid Tsakalotos is attending today’s meeting among the finance ministers of the euro zone without having received,…

Greece agrees on NATO migration patrols in Aegean Sea
FINANCE
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FINANCE
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Greece agrees on NATO migration patrols in Aegean Sea

makis - Feb 10, 2016

There is no official statement issued by the Ministry of Defense in order to announce the decisions taken at today’s…