Greek News
Athens Stock Market opens with rise
Equity prices were rising during the opening session on the Athens Stock Exchange (ASE), on Monday. The general index was up 1.19 percent, standing at 660.33 points...
Greek Finance Minister: Greece to submit priorities for Recovery Fund allocations in October
Greece will submit to the European Commission its priorities on exploiting of funds allocated by the Recovery Fund in October, Greek Finance Minister Christos Staikouras said on...
Piraeus becomes top container port in entire Mediterranean
Greece’s port of Piraeus has now become the Mediterranean’s top container-handling port, it was reported on May 19. The port, located just outside Athens, handled the equivalent...
China’s Alibaba Is Not Quite Amazon Yet (infographic)
The Chinese Alibaba Group reported better-than-expected fourth quarter earnings on Friday. Despite the coronavirus outbreak affecting its domestic business in February and March, the e-commerce conglomerate passed...
Lufthansa to resume flights to Greece in mid-June
German airline Lufthansa will resume flights to 20 tourist destinations, including Greek islands, from mid-June, a spokesperson said. The destinations include Crete, Rhodes, Mallorca, the Faro of...
Mitsotakis: “We won the battle for health and now we will win the battle for the economy”
Prime Minister Kyriakos Mitsotakis sent a message of optimism through social media networks, while posting a relevant video which very briefly describes the government’s “Bridge” plan for...
Greek Finance Minister satisfied with 6th Enhanced Surveillance Report on Greece
Finance Minister Christos Staikouras on Thursday said that he was particularly satisfied with the 6th Enhanced Surveillance Report on Greece released by the European Commission, on the...
Is Working From Home a Privilege? (infographic)
As millions of people have started working remotely in recent weeks to comply with stay-at-home orders in response to the COVID-19 pandemic, working from home has often...
The 15 support measures of the 24-billion package in detail
The 24-billion euro support package announced by Greek PM Kyriakos Mitotakis on Wednesday, which includes measures from June 1st to October, were specified by the Ministers of...
UPD – PM Mitsotakis announces 24 billion package to restart economy
UPD Prime Minister Kyriakos Mitsotakis announced a 24 billion package to “win the war of the economy” which will be released in three pillars of the economy,...
U.S. Retail Sales Drop to Lowest Level Since 2012 Amid Lockdown (infographic)
Over the past few weeks, we’ve seen a deluge of historically bad economic data as the fallout of the measures taken to contain the coronavirus becomes more...
Greece’s Aegean airline seeks bailout from coronavirus hit
With almost air traffic shut down during the COVID-19 Coronavirus pandemic, Aegean Airlines – which won’t give refunds for canceled flights – said it needs some kind...
Shopping malls to reopen in Greece on Monday, 2 weeks earlier than the original date
Shopping malls will reopen to the public this Monday, May 18, two weeks earlier than the initial plan, after the government received the green light by the...
Samsung Tops Weakening Smartphone Market (infographic)
Despite suffering an 18.9 percent year-over-year decline in shipments in the first quarter of 2020, Samsung regained the top spot in the global smartphone market after having...
Turkey to inject $3 billion into economy in last ditch attempt to salvage failing economy
Turkish President Recep Tayyip Erdogan is doubling down on his highly precarious monetary policies in an effort to buttress the country’s failing economy, while distracting the public’s...
Global Coronavirus Stimulus Packages Compared (infographic)
Global lockdowns have been in place for weeks and they are causing economic turmoil. The downturn is expected to be the worst since the 1930s with U.S....
Merkel intervenes in damaging row between Germany and Brussels
Angela Merkel has stepped in to try to find a way out of a damaging clash between Germany and Brussels after the EU threatened to bring infringement...
Unemployment Rate in U.S Jumps to Highest Level Since WWII (infographic)
The U.S. economy lost more than 20 million jobs in April, in what certainly marks the worst month for the U.S. labor market since the Great Depression....
Turkish Lira in free fall
Turkey’s lira tumbled 1.4% on Wednesday and neared an all-time low hit during a 2018 currency crisis after a regulator clamped down further on foreign access to...
Only 9 flights arrive at Athens International Airport El. Venizelos over long weekend
The number of arrivals from abroad over the Labour Day long weekend at Eleftherios Venizelos airport was in the single-digits, as the details of the gradual opening...