Greece will lift restrictions on transferring money abroad this week, four years after they were imposed during the euro crisis. The country brought in the draconian measure…
A new global study by the Organisation for Economic Co-operation and Development (OECD), released on Wednesday, shows that middle-class incomes in crisis-battered Greece for households hover from…
Economic climate eased in Greece in June, according to the Athens-based Foundation for Economic & Industrial Research's (IOBE) monthly report, although a small improvement was recorded in…
Currently, major foreign brands in the hospitality industry in Athens operate 18 hotels with a total of 3,087 rooms. These include Novotel and Sofitel, Carlson Rezidor (Radisson…
Greece's balance of trade deficit reached 14.78 billion euros over the Jan-Aug 2017 period, up from 12.27 billion euros over the same period in 2016, an increase…
Lost VAT remittances in Greece for 2015 reached five billion euros, according to a study by the Commission, which was published on Thursday. The figure, which translates…
The Greek state allocated 1.214 billion euros over the January-August 2017 to cover arrears towards the private sector, the finance ministry announced this week. In August alone,…
A corruption prosecutor pressed criminal charges on Friday against former Socialist defense minister Yiannos Papantoniou and his wife Stavroula Kourakou for money laundering. The couple have also…
Authorities on the eastern Aegean island of Lesvos have announced that the money from the 2016 Olof Palme prize awarded to its mayor and his counterpart in…
The money for the intermediary funding of bankrupt supermarket chain Marinopoulos – to ensure its operation until its takeover by Sklavenitis – has run out, leaving it…
The Greek public debt increased to 328.3 billion euros at the end of June, from 321 billion euros in March, according to the latest figures published by…
Greek PM Alexis Tsipras might have publicly promised that legislation for transitioning to the use of plastic money would be ready by August 5, but reality shows…
The government is debating whether to introduce new rates for the solidarity tax, by raising the ceiling from 8% to 10%, as well as setting the maximum…
