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HFSF selects Pavlos Mylonas as new CEO in National Bank

Hellenic Financial Stability Fund (HFSF) in a meeting on Tuesday selected Pavlos Mylonas as a new CEO for National Bank of Greece, according to sources. HFSF will present this decision at a National Bank’s board meeting scheduled in the [...]

Greek general gov’t primary surplus up in Jan-May

The Greek general government’s primary surplus was up 834 million euros in the first five months of the year, compared with the corresponding period in 2017, the State Budget Office in Parliament said in a report released on Friday. The [...]

Moscovici: To accompany Greece to that path of success

“The issue is to accompany Greece to the path of success,” said EU Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovic on his way into the eurogroup meeting on Thursday where he will present how [...]

Social businesses to receive funding of up to 150,000 euros

Social enterprises will be able to qualify for finance of between 30,000 to 150,000 euros as a means of giving a significant push to collective social entrepreneurship, said Labor Minister Efi Achtsioglou. “In cooperation with regional [...]

Alt. Economy Min Charitsis: New package of support measures after August

Alternate Economy Minister Alexis Charitisis in an interview with Real News on Sunday underlined the importance of a new growth strategy plan according to which there can be discussions with investors and institutional and government officials. Referring [...]

Greek budget showed primary surplus of 1.525 billion euros in Jan-May

The Greek state budget showed a primary surplus of 1.525 billion euros in the January-May period, up from a budget target for a surplus of 180 million euros, but down from a primary surplus of 1.840 billion euros in the same period last year, [...]

Stathakis: Greece can tap debt markets after eurogroup decisions

Energy Minister Giorgos Stathakis said on Friday that after the eurogroup’s decisions Greece will be able to tap debt markets in a move that may take place after August. In comments to SKAI TV, Stathakis said the decisions were very close [...]

Moscovici: Eurogroup agreement on Greece “an exceptional, historic moment”

“This is an exceptional, a historic moment,” European Finance Commissioner Pierre Moscovici said in Luxembourg early on Friday, at a press conference hailing Eurogroup agreement on Greece’s adjustment program following a marathon [...]

Eurogroup must send a clear message to the markets, Charitsis tells CNN

Euro area finance ministers must send a clear message to the markets that Greece’s debt is sustainable when they meet on Thursday, Alternate Economy and Development Minister Alexis Charitsis said in an interview with CNN. “We believe [...]

Charitsis: Investors realise that Greece is becoming a popular investment destination

Alternate Economy and Development Minister Alexis Charitsis stressed the importance of the 7th investment conference ‘Greek Investment Roadshow’ on Tuesday in New York. Charitsis and US Ambassador in Greece Geoffrey Pyatt participated [...]