25062019Headline:

Greek cash budget showed primary deficit of 1.45 billion euros in Jan-May, BoG report says

Greek state budget showed a primary deficit of 1.45 billion euros on a cash basis in the January-May period, from a primary surplus of 6.4 billion euros in the same period last year, the Bank of Greece said on Thursdsay. The central bank, in [...]

Hellenic Statistical Authority: Greek merchant shipping fleet up in April

Greek merchant shipping fleet grew in numbers but fell in capacity in April, Hellenic Statistical Authority said in a report on Thursday. The statistics service said that the Greek merchant shipping fleet totaled 1,873 ships, up 0.5 pct compared [...]

Commission positive on Greek National Plan for Energy and Climate, Stathakis says

The European Commission has assessed a Greek National Plan for Energy and Climate positively, recognising the positive steps taken by the country and confirming the efficiency of policies implemented by the Greek government, Environment and [...]

BOG: Foreign investors’ holdings of Greek state securities totaled 4.2 billion euros in Jan-April

Foreign investors’ holdings of Greek government bonds and Treasury bills totaled 4.2 billion euros in the January-April period, the Bank of Greece said in a report on Thursday. The central bank, in a monthly report, said that in April [...]

FinMin Tsakalotos: I believe Euroelections result can be reversed in general elections

The Euroections result can be reversed in general elections, said Finance Minister Euclid Tsakalotos on Thursday, adding that “the Greek people should believe it.” In statements to to News 24.7 FM, the minister acknowledged that [...]

Cyprus pressured over Russian money

The outflow of Russian deposits from Cyprus continues unabated, due to the pressure exerted by the United States, over the past few years. According to information published by the Central Bank of Cyprus, the strict measures imposed and the [...]

Achtsioglou: Our goals are more jobs, better pay, fairer taxes and a more efficient state

The goals of SYRIZA’s policy are new jobs with higher pay, fairer taxation and a more efficient state in order to bring about “growth that includes everyone and security in society,” Labour Minister Effie Achtsioglou said in [...]

Parliament’s final session ratifies abolition of tax allowance

The last plenary session of the current parliament was concluded on Friday, with the ratification of the amendment to abolish the prelegislated reduction of the tax allowance for wage earners and pensioners. The amendment cancels the reductions [...]

Greek trade deficit down in April, up in first four months of 2019

Greek exports were growing twice as fast as imports in April, helping the country’s trade deficit to shrink by 5.2 pct in the month, although the trade deficit rose 7.7 pct in the first four months of the year, Hellenic Statistical Authority [...]

Greek pharmaceutical firms ask for re-examination of clawback mechanism

The Hellenic Association of Pharmaceutical Companies (SFEE) on Friday called for a re-examination of a clawback mechanism, citing difficulties facing a number of companies to meet their financial obligations. Noting comments made by the European [...]