Bank of Greece: Demand for loans slightly up in first quarter of 2019

Demand for loans to non-financial corporations (NFCs) and households increased somewhat in the first quarter of 2019 compared with the fourth quarter of 2018, the Bank of Greece said in a report released on Tuesday, especially regarding long-term [...]

AADE: Real estate transactions jumped 42 pct in 2018

Real estate property transactions jumped 42 pct in 2018, totaling 26,700 compared with 18,800 in the previous year, offering strong signs of a revival in the domestic real estate market, the Independent Authority for Public Revenues (AADE) said [...]

Hellenic Statistical Authority: Industrial production up 2.3 pct in February

Industrial production grew 2.3 pct in February compared with the same month last year, with manufacturing production up 3.1 pct in the month, Hellenic Statistical Authority said in a report released on Tuesday. The statistics service said the [...]

Greek government tables draft law to create Development Bank

Greek Economy & Development Ministry tabled a draft law in Parliament on Monday envisaging the transformation of the Hellenic Fund for Entrepreneurship and Development (ETEAN) into a Development Bank, to support investment programs and [...]

Greece to activate new financing tools and funds for the circular economy

The Greek government will soon activate new financing tools and funds to support a circular economy in the country, vice-president of the government and Economy and Development Minister Yiannis Dragasakis said on Monday, addressing the 1st Circular [...]

Tsipras, Achtsioglou: Widower’s pensions to be raised & debts to social security funds settled in 120 tranches

A meeting between representatives of pensioners’ unions and Prime Minister Alexis Tsipras was “extremely constructive”, said the Minister of Labor, Social Security and Social Solidarity Effie Achtsioglou on Saturday, who was [...]

Bulgarian president confident he will sign pipeline agreement with Greece by June

Bulgaria’s president Boyko Borisov expressed the certainty on Friday that Greece and Bulgaria will sign a joint venture agreement for natural gas pipelines by June, in statements made at the joint press conference of Greece, Bulgaria, [...]

ANA sources: Institutions view primary residences amendment favourably

The amendment on the protection of primary residences voted by Greek parliament on Friday is reportedly viewed favoUrably by institutions in Brussels, said anonymous sources to Athens-Macedonian News Agency. According to the same sources, European [...]

Enterprise Greece, Greek embassies inviting agro-food exporters to B2B opportunities in June

Enterprise Greece, the state agency encouraging investments and exports, said on Friday it is holding a programme of business meetings for exporting companies of the agri-food sector and invited them to apply for it. The fourth such programme [...]

Food industry a large employer in the Greek manufacturing sector, IOBE reports

The food industry remains a large employer in the Greek manufacturing sector, the Foundation for Economic and Industrial Research (IOBE) said in a report. Based on Hellenic Statistical Authority data, IOBE said that the food industry’s [...]