ESM’s Klaus Regling notes solidarity of Eurogroup countries to Greece

Europrean Stability Mechanism (ESM) Managing Director Klaus Regling called the Eurogroup agreement on Greece “a historic moment” for Greece and the Eurozone, at a press conference following the Eurogroup meeting in Luxembourg early [...]

EC President Juncker: I pay tribute to the Greek people

European Commission President Jean-Claude Juncker welcomed the Eurogroup agreement on Greece’s last loan tranche and debt relief measures early on Friday, through Twitter. In his tweet, Juncker said, “Eurogroup agreement paves way [...]

Centeno: “The Greek debt is sustainable going forward”

The Greek debt is sustainable going forward, Eurogroup President Mario Centeno said at a press conference following the group’s marathon meeting in Luxembourg that began on Thursday afternoon and ended early on Friday. Centeno hailed the [...]

Lagarde notes Eurozone commitment for further debt relief measures if necessary

IFM Managing Director Christine Lagarde said at a press conference following the Eurogroup early on Friday that she shares the sense of European officials that the agreement on Greece’s program is a historic moment. Lagarde said that the [...]

Finance Ministry tables draft bill on money laundering

A draft bill against money laundering was tabled in Parliament by the Finance Ministry on Thursday. The bill incorporates a European Union directive on the issue, and includes provisions that relate to a wide range of issues such as real estate [...]

Undeclared employment fell to 12.4 pct in 2017

The rate of undeclared employment fell to 12.4 pct in 2017, from 13.58 pct in 2016, 16.48 pct in 2015 and 19.17 pct in 2014, official figures showed on Tuesday. A report by the “Artemis” business plan, based on inspections made by [...]

Piraeus Bank issues first consumer e-loan in Greece

Piraeus Bank on Tuesday announced a new loan product e-loan, the first electronic loan in Greece, through its platform Winbank. The new product introduces e-banking in consumer loans with simple and fast procedures that do not need the physical [...]

European Commissioner Moscovici: This is a vital week for Greece

“This is a vital week for Greece: Thursday’s Eurogroup must take the decisions necessary to ensure a successful conclusion of the ESM programme. So it’s a good time to recall some key developments of these past few years,” [...]

OECD SecGen Gurria expresses support for substantial Greek debt relief

Organisation for Economic Cooperation and Development (OECD) Secretary General Angel Gurria expressed his support on Tuesday for the substantial relief of Greece’s debt. Gurria was addressing the European Parliament’s Committee on [...]

Charitsis to meet with international investors and funds in USA

Alternate Economy and Development Minister Alexis Charitsis will point out Greece’s key role in promoting economic cooperation in the Balkans and the initiatives for linking the transport, energy and digital networks in the region, in [...]