Greek Economy

Credit: Wikimedia Commons / Petar Milosevic The Russian ruble not only recovered to pre-war levels in Ukraine, but also hit a two-year high against the US dollar on Friday, April 29. The currency has gained ground and is now among the best…

The Greek labor market is seeing a simultaneous rise in the employment rate and!-->…

Content of the article A new 'photovoice' multimedia exhibition on the plight of South Asian migrant men living and working in Greece has opened in the Art and Media Lab of the Isabel Bader Center for the Performing Arts. Content of the…

Caryatids supporting the Erechtheion in Athens, atop the Acropolis. Credit: Harrietta171, CC3/Wikipedia The Greek economy got a vote of confidence on Friday from S&P Global Ratings which raised its debt rating to BB+. "The upgrade…

MARKET ENVELOPES Shares: European equities were mixed, dominated by stocks of travel, leisure and construction companies. France's CAC 40 rose after a pre-election debate in which…

As Mariupol's defense was on the verge of crumbling, Ukrainian President Volodymyr Zelenskiy vowed that his forces would put up determined resistance to the planned large-scale Russian offensive in the east of the country. “We will not…

On April 17, Pakistanis from PTI Greece will gather in Kotzia Square and then head to Omonia to protest the overthrow of Pakistani Prime Minister Imran Khan. According to one social media user quoted by Directus, "only if the American…

The short-term property rental market in Greece is expected to see its turnover exceed 1.4 billion euros this year, surpassing the figures reached in 2019 in another sign of market recovery from the pandemic. According to a presentation…

File photo. The repercussions of the international crisis on the energy market,!-->…

Photo courtesy of maatram It is clear that some positive changes are taking place in Sri Lanka. I am not talking about the difficulties that the country and the people are facing. We all know that no solution has yet been presented or…

ATHENS — European Commission Executive Vice-President Valdis Dobrovskis, at a joint press conference with Finance Minister Christos Staikouras on Friday, signaled that Greece could emerge from an enhanced surveillance regime in…

The Greek government has held meetings with US officials on energy security issues amid the Russia-Ukraine crisis which has seen threats of fuel shortages and rising prices. On Wednesday, Greek Deputy Foreign Minister for Economic…

Greek Finance Minister Christos Staikouras announced on Monday that Greece has completed repayment of its debt to the International Monetary Fund (IMF). "A chapter that opened in May 2010, with Greece's recourse to the Fund for financial…

ATHENS — Seeing Turkey emerging as a supplier of drones to warring nations that can even kill tanks from the sky — and with tensions still tense between them, Greece hopes to have its first drones operating by 2024. The design of…

BERLIN — Germany began preparing for possible natural gas shortages on Wednesday, as the country's economy minister expressed growing concern that Russia could cut off deliveries to unless payments on existing contracts are made in…

LAHORE: Intuitively, the link between literature and economics is not expressly apparent. Following an analysis of the two disciplines, my assertion is that these two fields are inextricably linked. Literature serves as a reflection…

Fears of a further worsening of relations between Russia and the West also sent!-->…

ATHENS – Finance Minister Christos Staikouras, in his speech at the “Banking Summit: Paving the Way for Growth” conference on Tuesday, voiced his opinion that the Ukrainian crisis will not derail the Greek economy. According to…

The war in Ukraine hit Greek fruit and vegetable exports, with Russia being an important pre-war export market and Ukraine an important transit point. But Belarus' sanctions and countermeasures when that country was hit by the EU for…

The Greek Institute for Tourism Research and Forecasting (ITEP) has announced its new board of directors following its general meeting which took place on March 15. Konstantina Svinou was re-elected president of the institute. An…

Greece's Christos Staikouras (left), Spain's Nadia Calvino (centre) and Luxembourg's Yuriko Backes (right)!-->…

CAIRO: A few months ago, Choucri Asmar decided he was not ready to give up hope. He therefore led a group of residents in "a peaceful demonstration to protect the trees" in his neighborhood of Cairo. Egyptian authorities planned…

Australians are hard workers. From factory floors to hospital wards and office towers, workers are settling in. They go to work so they can take care of themselves and their families. In return for their hard work, Australians expect fair…

The Greek people, as polls collected by the Alpha TV channel show, have spoken on several issues, including the government's decision to send arms to Ukraine. More precisely, 62% see that things will become difficult for Greece for sending…

Finance Minister Christos Staikouras told the Athens-Macedonian News Agency (AMNA) that the Greek government is "already doing and will continue to do its best to reduce the negative consequences of high prices". The consequences of the…

A fishmonger was selling his wares at the Varvakeios food market in Athens yesterday. Inflation spurred by rising energy costs is…

Greece will set a cap on gross profit margins on fuel, food and other consumer!-->…

A set of pipes at a gas storage and transit point in Boyarka, just outside Kiev, in a file photo. As war rages in Ukraine, damage…

Russian President Vladimir Putin shaking hands with his Turkish counterpart, Recep Tayyip Erdogan. Credit: Kremlin/Wikimedia Commons CC BY 4.0 President Vladimir Putin is now showing the world the dark signs of Russian revisionism by…

The local tourist industry is trying to map the possible consequences of the Russian invasion of Ukraine on the sector in Greece. “It is too early to make any firm statements today about the consequences for tourism. Everything will be…

It is in these darkest hours, in these darkest times, that our thoughts are with Ukraine and the Ukrainian people as they face this unprovoked attack and fear for their lives. We will do whatever we…

Greek and Turkish officials met in Athens on Monday where they held a meeting as part of a dialogue on the Positive Agenda in the fields of economy and trade. Specifically, Greek Deputy Foreign Minister for Economic Diplomacy and Openness,…

ATHENS – US Deputy Assistant Secretary of State Erika Olson, who oversees policy for Southern Europe and the Caucasus, gave an interview to the Athens-Macedonian News Agency (ANA-MPA) during her visit in Athens and Thessaloniki…

Farmer Dimitris Kakalis, 25, fills a water tank in the central Greek town of Tyrnavos on Sunday February 13. Economists, farmers…

The Tesla founder has donated nearly $6 billion in Tesla stock to charity. 1 credit Tesla CEO Elon Musk recently donated $5.7 billion in the electric vehicle company's stock to charity. Tesla's donation of 5,044,000 shares was disclosed…

ATHENS — Failing to meet plastic packaging recycling standards set by the European Union will cost Greece 127 million euros ($143.53 million) in fines for its poor performance. The EU has said sanctions must push its 27 member…

What are cookies As is common practice with almost all professional websites, our site uses cookies, which are small files that are downloaded to your device, to improve your experience. This document describes what information they…

Photo credit: @Thessaloniki Travel Thessaloniki and the wider region of Central Macedonia will feature in a new Hollywood film to begin filming March 15regional governor of Central Macedonia Apostolos Tzitzikostas announced this week.…

Matrix Pack, Europe's leading producer of drinking straws, has become the first!-->…

The Omicron wave disrupted activity in manufacturing and services, suppressing demand and exacerbating labor supply problems in January, economists said. Chris Williamson Chris Williamson, chief…

Grid Telecom, the investment vehicle of Greek Independent Electricity!-->…

The protracted energy crisis is pushing electricity consumers and suppliers to their limits. For a seventh month in a row, and despite state subsidies, consumers face huge electricity and natural gas bills, while electricity and gas…

ATHENS, Feb 1 (Reuters) - Meta Platforms Inc (FB.O), the owner of Facebook, is set to acquire Greek audio software startup Accusonus, a person familiar with the deal said.Facebook spokespersons declined to confirm the deal, which the source…

ATHENS - The motion of no confidence against the government tabled by SYRIZA-Progressive Alliance was rejected on Sunday evening. At the end of the vote by roll call, 156 deputies voted against, 142 for and one present. Of note,…

Ten of the 20 most employed professions in Greece have the possibility of working remotely, which is linked to the particularly low level of digital transformation in Greek companies. In an analysis, the Hellenic Business Federation…

WASHINGTON — The U.S. economy grew last year at the fastest pace since Ronald Reagan's presidency, rebounding resiliently from the brief but devastating coronavirus recession of 2020. The country's gross domestic product – its…

This caused the Fed to change course late last year – and to do so quite abruptly.“Inflation really erupted in the late spring of last year, and we felt – it was very, very widely held in the forecasting community – that it would be…

The four Greek systemic banks will have achieved the target of reducing their non-performing loans below 10% by the end of this year: Eurobank has already achieved it at the end of 2021, Alpha Bank and National Bank should achieve it by…

The Athens Stock Exchange index reached its highest level since 2014. Credit: ATHEX The Athens Stock Exchange (ATHEX) rally that began in late 2021 peaked earlier this week when the index soared to levels not seen since 2014. The last time…

…

The government is preparing a triple intervention in favor of civil servants: a bonus for those who work in selected agencies, the abolition of the solidarity contribution for them too, from next year, and a new framework to attract civil…

Giotis is a household name in Greece and a food brand that brings back childhood memories to generations of Greeks around the world. Who else remembers their Yiayia cooking them a hot plate of Giotis vanilla custard on a cold afternoon?…

The wave of air seat reservation cancellations generated by the Omicron variant is forcing carriers to change their flight schedules. In the first quarter of the year, traditionally the weakest for Greek tourism, airlines inside and…

A significant increase in the minimum wage from May 1 will be announced tonight by Prime Minister Kyriakos Mitsotakis during his interview with Nikos Hatzinikolaou which is set to air on ANT1, protothema.gr reports. Even if…

Green hydrogen is all the rage these days, especially in Egypt, and this week Prime Minister Mustafa Madbouli met with Norwegian renewable energy producer Scatec to discuss opportunities for cooperation in the production and export of this…

A long-awaited bill on the overhaul of the Single Social Security Entity (EFKA) and making it more effective was submitted to a 15-day public consultation on Friday, the Ministry of Labor and Social Affairs announced. . “The regulations…

The Greek government has included 55 projects in the Recovery and Resilience Facility worth € 3.35 billion following their approval by Deputy Finance Minister Theodoros Skylakakis. The “Greece 2.0” national recovery and resilience plan was…

Saudi Gazette ReportATHENS - Saudi Foreign Minister Prince Faisal Bin Farhan has expressed the Kingdom's concern over Iranian transgressions, particularly related to its nuclear program."Iran's transgressions contradict what Tehran says!--mobileAd-->…

The new supplementary insurance scheme for new entrants to the labor market comes into force on January 1, 2022.The main characteristics of the new system are the creation of an individual account ("piggy bank") for each new insured and the…

Christmas shoppers throng Ermou Street in downtown Athens. Consumption, which is one of the engines of economic growth right now, is going to be hit by the coming wave of inflation, says the writer. European Central Bank President…

Metaverse is poised to become a major contributor to the global economy.…

Tarpon Springs is a city in Pinellas County, west-central Florida, United States of America. It is located on the bayous of the…

CNN Business has named Albert Bourla, CEO of Pfizer, originally from Thessaloniki who left Greece at the age of 34 to pursue a career in the pharmaceutical industry, as CEO of the Year. CNN says Bourla was their choice for everything Pfizer…

After its first presentation on the Alternative Stage of the National Opera, the great musical and theatrical work The air of Greece by award-winning Greek-American composer Georges tsontakis travels to Thessaloniki for a unique performance…

ATHENS, Dec.22 (Reuters) - Greece's economy is expected to grow 5.0% next year after expected growth of 7.2% this year, the country's central bank said in an interim policy report on Wednesday monetary."In 2022, the growth rate of the…

The Governing Council of the European Central Bank (ECB) considers that the progress of the economic recovery and towards its medium-term inflation target will allow a gradual reduction in the pace of its asset purchases over the coming…

ATHENS - The recovery of the Greek economy battered by lockdowns due to a still persistent COVID-19 pandemic has not seen a sharp increase in the number of wealthy foreigners seeking gold visas accompanied by residence permits and…

“I recognize the importance of Greece as a growing technology hub for entrepreneurs and its potential for the development of new digital talent,” Denis Terrien, CEO of Salesforce for the Europe market, told Kathimerini. South. “As…

To be Greek is far from being a thing. This means that you learn to adapt, overcome, fight and survive, regardless of the context. Greece is a feeling, an emotion, a place where the sun shines, a nation where politics heat up, a land…

The Greek government is planning an additional package of measures to help households and businesses cope with rising prices, Finance Minister Christos Staikouras said on Tuesday, ANA reports. FinMin has acknowledged that the…

Greece tops the ranking of the comparative study on crisis management and resilience among 29 OECD and European Union countries conducted by the Bertelsmann Foundation. The study assessed, among other things, the resilience of democracy,…

ATHENS, December 11. / TASS /. Russia is interested in implementing megaprojects in Greece, just as it is in Turkey, Kremlin spokesman Dmitry Peskov said in an English interview with Greek Antenna television channel. The conversation…

Rising prices for electricity, natural gas and fuel have already raised production costs and hit Greek industries and households. What does it mean that inflation is "transient"? In a sense, this means that its duration will be…

As he explains, Plaisio has responded flexibly to the changing conditions, having already laid the groundwork for the development of e-commerce with investments in recent years.Costas gerardos, CEO of Plaisio computers, talks about the…

3 hours ago Faced with the silence of the European Commission, the international organization for the defense of media freedom Reporters Without Borders called on the European Commission and Parliament to "firmly denounce" the new…

Published on: 12/03/2021 - 03:04Amended: 12/03/2021 - 03:02 Brasilia (AFP) - A mysterious oil spill that caused environmental disaster along a vast expanse of Brazilian coast in 2019 and…

Greek Prime Minister Kyriakos Mitsotakis arrives to meet with British Prime Minister Boris Johnson outside Downing Street, London, Britain on November 16, 2021. REUTERS / Hannah McKayRegister now for FREE and unlimited access to…

Visitors from non-European Union countries to Greece this year spent 32% more on average on their duty-free purchases than in 2019 - the record year for Greek tourism - according to data from Global Blue, a tax refund service company. In…

Nick vojnovic develops restaurant chains. The former president of Beef 'O'Brady's is now president of Little Greek Fresh Grill and also of Green Market Cafe. In 10 years, he expanded Little Greek from four restaurants in two states to 44…

Greece defends international law and has the right to European Union (EU) solidarity, said former European Parliament President Hans-Gert Pöttering in response to a question on the situation in the eastern Mediterranean and the policy…

"The measures for the unvaccinated implemented from Monday in several areas are aimed, firstly, at their own protection - and not a form of revenge - and secondly as an indirect means of pressure so that more people do. vaccinate,…

Two scenarios for the evolution of the pandemic, said Minister of Health Thanos Plevris, speaking to parliamentary authors. The good script like he said wants the peak in the first week of December, while the bad one sees the peak after…

The Municipality of Athens offers a dynamic "present" to important European initiatives aimed at shaping environmental awareness, encouraging citizens to contribute to the great effort for the protection of the environment and the reduction…

Prince Charles and Minister Yasmine Fouad of the Environment during their visit to the Greek Campus in Tahrir Square and meeting with Egyptian entrepreneurs "Photo: Egyptian Cabinet" Accompanied by the Egyptian Minister of the Environment…

The General Court of the European Union has rejected a claim for compensation from owners of Greek debt who participated in the 2012 restructuring, according to a decision released Wednesday. The motivation for the above verdict…

The price comparison of fixed and mobile broadband services, based on data at the end of 2020, is extremely unfavorable for Greece as it ranks the country among the most expensive in the EU in terms of the number of packages and…

The rules of free competition law aim to safeguard collective interests such as a competitive market structure, consumer welfare and economic freedom. Disclosure of anti-competitive behavior, often carried out in secret (e.g.…

From November 8-14, 2021, the U.S. Embassy in Athens will commemorate Global Entrepreneurship Week (GEW) by showcasing activities to support entrepreneurship, innovation and economic growth across the Greece. Supporting…

Prospects for Greek-Israeli relations are "very good," Israel's Ambassador to Greece Yossi Amrani told NAMA in an interview on the sidelines of the 2021 Thessaloniki Summit released on Saturday, which also noted the contribution. from…

Foreign observers expect Greece to issue sovereign bonds worth 10-12 billion euros next year, an amount close to what sources say the Debt Management Agency public is about to announce in late December. The decisions of the…

Just four weeks after several restrictions were lifted for fully vaccinated people, this country is grappling with a record number of new infections.After opening its borders during the summer tourist season, Greece has just recorded the…

US President Joe Biden has shown a "positive attitude" towards Turkey's purchase and modernization of F-16 fighter jets, President Recep Tayyip Erdoğan said at summit press conference of the G-20 in Rome on Sunday.…

Tourist arrivals in Greece in September reached record levels of 2019, far exceeding the goal hoped for by the New Democracy government, thereby boosting economic recovery. Tourism Minister Vassilis Kikilias told SKAI radio…

An important revelation which particularly concerns low wages was made in the "air" of Open by Kostis Hatzidakis announcing that by 2022 there will be a further increase in the minimum wage which will take into account the development of…

German Chancellor Angela Merkel arrived in Athens on Thursday evening, where she was to have a one-to-one dinner with Prime Minister Kyriakos Mitsotakis. On Friday, she will meet Mitsotakis and President Katerina Sakellaropoulou to…

NOT FOR DISTRIBUTION, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY IN THE UNITED STATES OF AMERICA OR IN ANY OTHER JURISDICTION OR TO DO SO IS ILLEGAL.…

The World Travel Awards have selected Greece as the top destination for Europe in 2021. Following the news, Greece's Tourism Minister Vassilis Kikilias said the country has presented a well-managed tourism situation amid the pandemic and…

The first integrated hotel complex (IR) to be built in Greece is one more step towards reality. After a battle between Mohegan Gaming & Entertainment (MGE) and Hard Rock International that ended earlier this year,…

ATHENS (UrduPoint News / Sputnik - October 23, 2021) The Greek government does not see the need to shut down the country's economy again and introduce strict measures in the face of the increase in the number of daily cases of…

Greek municipality to build largest Mediterranean park The development of the “Panorama Pallini urban grove” will cost 1 million euros In recent years, cities around the world have been concerned with finding ways to go greener. While…