Category: FINANCE

Further loosening of the Capital Controls by September 1st
FINANCE
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FINANCE
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Further loosening of the Capital Controls by September 1st

makis - Aug 04, 2017

A decision by Finance Minister Euclid Tsakalotos, published on Thursday in the Government Gazette will further loosen the capital controls…

How Greece could escape debtors’ prison – if Europe opens the door
FINANCE
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FINANCE
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How Greece could escape debtors’ prison – if Europe opens the door

Panos - Aug 04, 2017

Greece has acted out a European tragedy for more than seven years. But some signs suggest Greece may finally, in…

Minister: Arbitration would be best to resolve pending issues related to Skouries investment
FINANCE
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FINANCE
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Minister: Arbitration would be best to resolve pending issues related to Skouries investment

Panos - Aug 04, 2017

Greece's relevant economy and environment minister on Thursday said recourse to arbitration would be the best solution to resolve all…

Long-delayed out-of-court settlement framework for arrears owed by Greek businesses debuts online
FINANCE
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FINANCE
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Long-delayed out-of-court settlement framework for arrears owed by Greek businesses debuts online

Panos - Aug 04, 2017

The Greek state on Thursday launched a long-awaited online platform for the out-of-court settlement of arrears owed by private businesses,…

Reuters:  Tourism projects hit trouble in Greece
FINANCE
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FINANCE
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Reuters: Tourism projects hit trouble in Greece

Panos - Aug 04, 2017

New York property developer Mike Angeliades has wanted to create a golf resort in his native Greece for quarter of…

Bloomberg: The Scandalous Persecution of a Greek Whistle-Blower
FINANCE
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FINANCE
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Bloomberg: The Scandalous Persecution of a Greek Whistle-Blower

Panos - Aug 04, 2017

The statistician who exposed the true extent of Greece's fiscal collapse must think that doing the right thing was the…

Four Bidders Expected for Athens Metro Project
FINANCE
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FINANCE
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Four Bidders Expected for Athens Metro Project

Panos - Aug 03, 2017

Four bidders are expected to show interest in Greece‘s tender to build a 1.45 billion euro ($1.72 billion) project to…

NBG study: 22 bln€ in tourism-related investment over 5 years would translate into five bln€ annually in extra revenue
FINANCE
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FINANCE
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NBG study: 22 bln€ in tourism-related investment over 5 years would translate into five bln€ annually in extra revenue

Panos - Aug 03, 2017

A National Bank of Greece study, released this week, states that up to 22 billion euros worth of investment in…

Politico: By convicting an honest statistician, Greece condemns itself
FINANCE
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FINANCE
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Politico: By convicting an honest statistician, Greece condemns itself

Panos - Aug 03, 2017

The prosecution of Andreas Georgiou raises questions about the integrity of the country’s institutions. By MEGAN GREENE Greek economic data…

Εurobarometer: Greeks most pessimistic in EU
FINANCE
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FINANCE
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Εurobarometer: Greeks most pessimistic in EU

Panos - Aug 03, 2017

The latest Εuroarometer results gauging public opinion in the European Union - as late as last spring - shows Greek…

IMF admits disastrous love affair with the euro & apologises for the immolation of Greece!
FINANCE
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FINANCE
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IMF admits disastrous love affair with the euro & apologises for the immolation of Greece!

makis - Aug 02, 2017

The International Monetary Fund’s top staff misled their own board, made a series of calamitous misjudgments in Greece, became euphoric…

Athens among European Cities Vying for post-Brexit EU Agencies
FINANCE
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FINANCE
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Athens among European Cities Vying for post-Brexit EU Agencies

Panos - Aug 02, 2017

Athens is among 27 European cities competing to host the agencies that will have to be relocated when Britain completes…

Encouraging H1 2017 tourism figures; ‘all-inclusive’ hotels 2.2% of total, account for 13.6% of rooms
FINANCE
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FINANCE
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Encouraging H1 2017 tourism figures; ‘all-inclusive’ hotels 2.2% of total, account for 13.6% of rooms

Panos - Aug 02, 2017

Tourism arrivals to Greece reached 11 million in the first half of 2017, according to figures supplied this week by…

IMF admits disastrous love affair with the euro & apologises for the immolation of Greece!
FINANCE
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FINANCE
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IMF admits disastrous love affair with the euro & apologises for the immolation of Greece!

Panos - Aug 02, 2017

The International Monetary Fund’s top staff misled their own board, made a series of calamitous misjudgments in Greece, became euphoric…

Improved econ sentiment in Greece recorded in July
FINANCE
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FINANCE
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Improved econ sentiment in Greece recorded in July

Panos - Aug 02, 2017

The Greek economic sentiment index rose in July to 98.2 points, up from 94 points in June, the highest level…

Commission spokeswoman: EU has full confidence in EL.STAT between 2010-2015
FINANCE
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FINANCE
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Commission spokeswoman: EU has full confidence in EL.STAT between 2010-2015

Panos - Aug 02, 2017

A European Commission spokeswoman on Tuesday reiterated that the EU executive has full confidence in Greece's national statistical service (EL.STAT)…

ENI drilling could lead to positive development for Europe
FINANCE
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FINANCE
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ENI drilling could lead to positive development for Europe

Panos - Aug 01, 2017

Italy’s energy giant ENI is currently carrying out drilling offshore Cyprus and this could lead to a positive development for…

Forbes: Greece Is Still A ‘Rich’ Country
FINANCE
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FINANCE
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Forbes: Greece Is Still A ‘Rich’ Country

Panos - Aug 01, 2017

A six year-long depression has devastated the Greek economy in many ways. But things aren’t as bad as they are…

Govt rejects Parliamentary com’t of inquiry on first half of 2015, following latest eyebrow-raising excerpt of Varoufakis book
FINANCE
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FINANCE
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Govt rejects Parliamentary com’t of inquiry on first half of 2015, following latest eyebrow-raising excerpt of Varoufakis book

Panos - Aug 01, 2017

The leftist-rightist coalition Greek government has rejected a demand by the main opposition to establish a Parliamentary committee of inquiry…

Steel sector faces heated summer as trade war looms
FINANCE
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FINANCE
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Steel sector faces heated summer as trade war looms

makis - Jul 31, 2017

The world’s most powerful nations risk failing to make enough progress on tackling steel overcapacity by an August deadline, which…