Category: FINANCE

Greek bond yields dip even lower than US Treasuries
FINANCE
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FINANCE
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Greek bond yields dip even lower than US Treasuries

Panos - Jul 12, 2019

Greece’s borrowing costs have tumbled to a record low — dipping below even the US — thanks to rising hopes…

Greek Unemployment Falls to 17.6 Percent in April, Lowest Since 2011
FINANCE
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FINANCE
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Greek Unemployment Falls to 17.6 Percent in April, Lowest Since 2011

Panos - Jul 12, 2019

The Greek unemployment rate fell to 17.6 per cent of the workforce in April 2019 from 18.2 per cent in…

Greek PM vows tax cuts in first cabinet meet
FINANCE
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FINANCE
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Greek PM vows tax cuts in first cabinet meet

Panos - Jul 11, 2019

Greece’s new conservative Prime Minister Kyriakos Mitsotakis said on Wednesday he would honour a pledge to cut tax that could…

Summer sales start on Monday, Sunday shopping on July 14
FINANCE
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FINANCE
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Summer sales start on Monday, Sunday shopping on July 14

Panos - Jul 09, 2019

The summer sales start on Monday and will end on August 31. The shops in Athens have the option to…

BoG Gov. cites 7 reasons why Greek econ crisis was more intense, lasted longer
FINANCE
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FINANCE
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BoG Gov. cites 7 reasons why Greek econ crisis was more intense, lasted longer

Panos - Jul 05, 2019

Bank of Greece (BoG) Gov. Yannis Stournaras this week cited seven factors that he claims explain the intensity and duration…

Mitsotakis: ND win means immediate start of Helleniko project; Tsipras refers to behind-the-scenes ‘deal’
FINANCE
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FINANCE
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Mitsotakis: ND win means immediate start of Helleniko project; Tsipras refers to behind-the-scenes ‘deal’

Panos - Jul 05, 2019

The stalled Helleniko privatization abruptly surfaced on the heated campaign trail this week, a day after joint ministerial decision was…

Passenger traffic up by 7.6% at Athens International Airport for June
FINANCE
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FINANCE
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Passenger traffic up by 7.6% at Athens International Airport for June

Panos - Jul 04, 2019

Passenger traffic at the Athens International Airport of Eleftherios Venizelos recorded a 7.6% rise for the month of June reaching…

Greek 10-year bond yields falls below 2%
FINANCE
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FINANCE
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Greek 10-year bond yields falls below 2%

Panos - Jul 04, 2019

The Greek 10-year government bond yields fell below 2 percent for the first time on Wednesday, after the announcement Christine…

Piraeus Port gets top prize as best cruise port in East Med
FINANCE
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FINANCE
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Piraeus Port gets top prize as best cruise port in East Med

Panos - Jul 03, 2019

The Port of Piraeus picked up the top award for the best cruise port in the Eastern Mediterranean region by…

EU28 agreed on top EU posts – Ursula von der Leyen to be head of EC
FINANCE
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FINANCE
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EU28 agreed on top EU posts – Ursula von der Leyen to be head of EC

Panos - Jul 03, 2019

The EU28 leaders agreed reluctantly on Tuesday on who should occupy the bloc’s top positions for the next five years,…

BoG monetary report: Greece will miss fiscal, growth targets for 2019
FINANCE
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FINANCE
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BoG monetary report: Greece will miss fiscal, growth targets for 2019

Panos - Jul 02, 2019

The Bank of Greece (BoG) on Monday again sent "shock waves" through the outgoing Tsipras government's economic policy and ministers'…

PPC announces Q1 2019 losses of 205.1 mln€; utility counters that results do not include recent rebates of 121.2 mln€
FINANCE
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FINANCE
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PPC announces Q1 2019 losses of 205.1 mln€; utility counters that results do not include recent rebates of 121.2 mln€

Panos - Jul 01, 2019

The Public Power Corp. (PPC) on Friday reported first quarter 2019 losses of 205.1 million euros, after taxes, an increasingly…

Greece, Total, ExxonMobil & HELPE sign contracts for hydrocarbons surveys off the shores of Crete
FINANCE
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FINANCE
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Greece, Total, ExxonMobil & HELPE sign contracts for hydrocarbons surveys off the shores of Crete

Panos - Jun 28, 2019

At a special event attended by Prime Minister Alexis Tsipras, the contracts for the granting of the right to explore…

Tianjin Tianjin Port delegation in Piraeus, meets with chamber officialsdelegation in Piraeus, meets with chamber officials
FINANCE
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FINANCE
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Tianjin Tianjin Port delegation in Piraeus, meets with chamber officialsdelegation in Piraeus, meets with chamber officials

Panos - Jun 27, 2019

A Chinese business delegation, led by the vice-president of the Tianjin Port company, Li Quaniyong, met on Tuesday with the…

UBS report on Greek econ prospects mostly positive; points to 2020 of new president as key date
FINANCE
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FINANCE
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UBS report on Greek econ prospects mostly positive; points to 2020 of new president as key date

Panos - Jun 26, 2019

A UBS report on Monday, two weeks before a snap general election in Greece, points to next year's selection for…

Huge migrant influx scares off Greek island tourists
FINANCE
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FINANCE
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Huge migrant influx scares off Greek island tourists

Panos - Jun 24, 2019

Tourists are avoiding the Greek island of Samos due to the shocking situation at the Vathy migrant camp, which has…

Τest results show 97% of Greek waters fit for swimming in 2018
FINANCE
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FINANCE
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Τest results show 97% of Greek waters fit for swimming in 2018

Panos - Jun 24, 2019

A whopping 97 percent of coastal waters in Greece in 2018 were considered as excellent for swimming, based on specifications…

Third of Greece ‘could turn into a desert’ as climate change blasts Europe
FINANCE
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FINANCE
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Third of Greece ‘could turn into a desert’ as climate change blasts Europe

Panos - Jun 21, 2019

Areas around the Mediterranean including Greece could turn into dry, sand-blasted deserts as rain dries up due to climate change,…

Eurostat Reports Greek Cheese, Eggs and Milk Second Most Expensive in the EU
FINANCE
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FINANCE
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Eurostat Reports Greek Cheese, Eggs and Milk Second Most Expensive in the EU

Panos - Jun 21, 2019

Eurostat released on Thursday its final ”Consumer Price Levels” report for the year 2018, showing that Greeks paid on average…

Battle of the bonds: Greeks gaining the upper hand against Rome
FINANCE
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FINANCE
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Battle of the bonds: Greeks gaining the upper hand against Rome

Panos - Jun 21, 2019

Down and out less than a decade ago, Greece is this year’s top performing euro zone bond market, enjoying inflows…