Rating and Investment Information raises Greek credit rating to B+

Rating and Investment Information (R&I), a Japanese credit rating agency, on Monday upgraded Greece’s credit rating to B+ from B with a positive outlook. In a report, R&I said the Greek economy will possibly remain on a stable [...]

OASA revenues saw double-digit growth after ticket barriers were installed

The introduction of ticket barriers and e-ticket has significantly boosted the revenues of the Athens Urban Transport Organisation (OASA), whose staff told the Athens-Macedonian News Agency (ANA) that they expect double-digit growth to continue [...]

ELSTAT: Industrial turnover index up 7.7 pct in February

The turnover index in the industrial sector (a composite index measuring both the domestic and external markets) grew 7.7 pct in February this year compared with the same month in 2018, after a 3.9 pct increase recorded in the 2018/2017 period, [...]

Greek merchant shipping fleet up in numbers in Febuary

Greek merchant shipping fleet grew 0.8 pct in February, totaling 1,868 ships compared with the same month last year, after a 0.6 pct increase recorded in the 2018/2017 period, Hellenic Statistical Authority said. The statistics service, in a [...]

Greek current account deficit up in Jan-Feb, Bank of Greece reports

The Greek current account deficit widened by 79 million euros in the January-February period, totaling 2.2 billion euros, as the improved services’ balance and primary income account only partly offset the deterioration of the balance [...]

Greek unemployment rate fell to 18.5 pct of the workforce in January

The Greek unemployment rate edged up to 18.5 pct of the workforce in January, from 18.4 pct in December 2018, but was down from 20.6 pct in January 2018, Hellenic Statistical Authority said on Thursday. The statistics service, in a monthly report, [...]

Tax burden on four-member Greek families fell in 2018, OECD report says

The tax burden of Greek wage earners with two children declined in 2018, but the tax burden of single wage earners rose slightly, the Organization for Economic Cooperation and Development (OECD) said in its Taxing Wages 2019 report released [...]

Greek gov’t plans package of measures to support small enterprises and farmers

Economy and Development Minister Yiannis Dragasakis on Thursday said that the government was planning a package of measures to support small enterprises and farmers with loans, guarantees, special bonds and a mechanism helping small enterprises [...]

BoG: Balance of travel services up 9.2% to nearly 14-mln surplus in 2018

Balance of travel services in 2018 posted a surplus of 13,895 million euros, the Bank of Greece (BoG) said in a report on Wednesday, based on final data, up 9.2% from a surplus of 12,725 million euros in 2017. The central bank attributed the [...]

Hellenic-Italian Chamber holds Money Show in Thessaloniki, April 12-14

The 30th Money Show of the Hellenic-Italian Chamber of Thessaloniki will run at a central hotel in the city from April 12 to 14, with a focus on promoting innovation, new sectors and new markets. Chamber President Christos Sarantopoulos said [...]