Greek News
Greece: Early IMF repayment completed
The process of early repayment by Greece of the expensive part of the International Monetary Fund loans totaling 2,7 billion dollars was completed on Monday. It...
Handelsblatt: Foreign demand on real estate in Greece booming
The German financial magazine Handelsblatt focuses on the rising interest of foreign investors in the Greek real estate market, stressing that this increased appeal had resulted in...
Greeks forecast to work fewer years in their lifetime, Eurostat data shows (infographic)
Greeks and Italians are expected to be active in the workforce for the least amount of years, according to Eurostat projections. The interesting forecast measures how long...
European Commission issues positive report on Greece
The European Commission (EC) published its fourth post-bailout enhanced surveillance report for Greece on Wednesday, which paves the way for the disbursement of 767 million euros in...
Where cash is still “king” (infographic)
Most Europeans still cling to physical cash while nations in Asia have embraced cashless payments the most. This is the conclusion of the 2018 World Cash Report...
Primary budget surplus over double the forecast for 10-month term
According to figures released today by Deputy Minister for Financial Policy Theodoros Skylakakis, the January-October 2019 primary surplus amounted to € 5.755 billion and was more than...
The European countries with the most millionaire bankers (infographic)
Even though people and businesses are having second thoughts about moving to the United Kingdom over Brexit, it’s still arguably the place to be if you want...
“M Macedonia the GReat” the new trademark logo for Macedonian products (photos)
Prime Minister Kyriakos Mitsotakis said that “producers in Macedonia will embrace” the trademark logo of Greek products from the Macedonia region in northern Greece, presented by the...
Bitcoin devours more electricity than Switzerland (infographic)
Among other things, Bitcoin has been criticized for price volatility, use in illegal transactions and thefts from exchanges. It has also proven highly controversial for the sheer...
Athens awaiting key economic reports
The International Monetary Fund (IMF) is expected to publish a report on the Greek economy in coming days, which will be followed by the fourth post-bailout European...
Tourist show “Greek Panorama” opens at Zappeion Hall in central Athens on Friday
The Zappeion Mansion in central Athens will be hosting the two-day alternative tourism and gastronomy exhibition ‘Greek Panorama’, which opens its doors to the public on Friday...
Which countries use the most electricity? (infographic)
In 2017, global electricity consumption increased 2.5 percent to reach 25,721 Twh. When it comes to consumption, China uses the most of any country at 25.9 percent,...
Government gears up to conclude fourth post-bailout review
The Greek government is attempting to wrap up the prior actions required in the context of the fourth post-bailout review of the country’s economy by its international...
Is Netflix facing a mass exodus? (infographic)
While competition is generally considered a positive thing for consumers, and rightly so, there can be too much of a good thing, as subscribers of video streaming...
Standard & Poor’s upgrades Greek banks
Standard and Poor’s announced that it is upgrading the ratings of Greek banks in order to reflect the improved economy and lower risk of the Greek banking...
The Billion-Dollar Holiday (infographic)
When Americans started celebrating Thanksgiving in the 19th century, it was about cherishing the blessings of the year, particularly the year’s harvest. These days however, it appears...
Growth in Greece slightly better for 2020 at 2.3%, EC Autumn report forcecasts
The European Commission Autumn report published Thursday downgraded its growth forecast for Greece in 2019, but slightly revised its previous forecast of 2.2% for 2020 to 2.3%...
Chinese bank shows interest in investing in PPC’s share capital
Chinese investors have expressed interest in participating in Greece’s energy company PPC’s share capital on the sidelines of the Greek Prime Minister Kyriakos Mitsotakis’s visit to Shanghai....
Hellenic Sugar Industry signs lease for two plants to consortium
The Royal Sugar-Central Macedonian Cooperative Bank consortium was officially granted the lease to the two Hellenic Sugar Industry EBZ plants in Platy Imathias and Serres following an agreement...
The world’s largest oil and gas companies (infographic)
Chinese and UK oil and gas companies hold two spots each in the top 5 of the world’s largest producers. China’s Sinopec Group ranks first on the...