Greek News
China: De-Dollarization bid continues amid Trade War
As the trade war rages on, China’s de-dollarization bid continues. The trade war is taking a toll on the US and Chinese economies. China seems to...
TAP Pipeline: The land returns to its owners in Greece, Albania & Italy
The land reclamation process in Albania, Greece and Italy has already taken place or is currently nearing 97% of the total TAP gas pipeline route, according...
Greek teachers lowest paid in OECD member states
The new school year officially kicked off today, September 11, with thousands of teachers taking their posts in elementary, junior and senior high school across the country....
iPhone Share of Apple Sales Drops to 7-Year Low (infographic)
Today Apple will hold its annual launch event at its headquarters, where it will show off its newest iPhones and gadgets. The event has been held every...
Predicted Hard-Brexit Job Losses Across Europe (infographic)
A study by Leuven University in Belgium has predicted that the 1.2 million jobs will be lost across Europe in the case of a hard-Brexit. Unsurprisingly, the...
PM Mitsotakis tours 84th TIF Fair
Prime Minister Kyriakos Mitsotakis visited the opening day of the 84th Thessaloniki International Fair (TIF) on Saturday, where he toured the exhibition accompanied by TIF-Helexpo President Tassos...
Greece has the worst unemployment rate in EU28 for degree holders
Greece has the highest unemployment rate for university degree holders among the EU28 in 2018, according to a survey by the Development Policy Center of the General...
Greek 10-Y bonds reach record low at 1.53%
Greece’s 10-year bond yields reached a historic low at 1.53 percent on Thursday September 5, according to over-the-counter interbank yield quotes for this government bond maturity. The...
Cyprus: €2,5bn Russian loan repaid two years early
Cyprus has fully repaid a €2.5 billion loan from Russia, secured in 2011 by the previous administration, Finance Minister Harris Georgiades said on Monday. Georgiades announced the...
How long are Europeans predicted to work in their lifetime? (infographic)
Eurostat released an interesting forecast about how long a person can expect to be active in the European labour market during his or her life. The data,...
China files case against US Tariffs at WTO amid Trade War
The US Trade Representative stated on 27 August that it was increasing the rate of additional duties from 10 to 15 percent for those Chinese imports...
Moody’s: Greece on path to credit upgrade, if it continues reforms
The conditions under which Greece’s credit rating could be upgraded were highlighted in a report released by Moody’s Credit Ratings Agency. In the report, Moody’s points out...
The Biggest Exporters of Beef in the World (infographic)
Brazil was the biggest exporter of beef and veal in the world in 2017 as well as in 2019 (forecast). Despite alreading being the biggest exporter of...
European Commission welcomes lifting of capital controls by Greek government
The European Commission welcomed the Greek government’s decision to abolish capital controls in the Greek banking system, Commission Chief Spokeswoman Mina Andreeva said today. In particular, the...
Mitsotakis announces the complete abolition of capital controls
The Greek Prime Minister Kyriakos Mitsotakis announces in Parliament the complete abolition of capital controls. It is noted that the PM will speak in the debate...
Changes in internet, credit, debit & pre-paid card transaction
From the 14th of September all contactless transactions, up to the amount of 25 euros, without entering the PIN code in the POS, with debit, credit or...
Central Council of Modern Monuments green lights Elliniko mixed-use project
A day after the unanimous decision by the Central Archaeological Council (KAS), which paved the way for the lifting of restrictions in the mixed-use development of the...
Greece second last in productivity, OECD report reveals (infographic)
Greece is second last in terms of productivity per average hour worked, according to data released by the OECD. The figures from the OECD reveal the countries...
New car sales rise in Greece, against EU trends
Car sales in major EU markets might have recorded a decline in the first half of 2019, as the data by the European Automobile Manufacturers’ Association reveals,...
Trade War Causes $31 Billion Drop in Chinese Imports to US (infographic)
While U.S. imports of goods climbed to a historic high of $1.27 trillion in the first half of 2019, the ongoing trade conflict with China did change...