Tsipras and Borisov present agreement for the Sea To Sea rail link to Juncker

Prime Minister Alexis Tsipras and Bulgarian Prime Minister Boyko Borisov on Friday presented the Greece-Bulgaria agreement for the Sea To Sea rail link to the European Commission President Jean-Claude Juncker. They noted that it was an important [...]

BoG: Greek cash primary surplus 1.7 billion euros in January-September

Greece’s primary budget surplus totaled 1.7 billion euros on an cash basis in the January-September period, down from 4.0 billion euros in the same period last year, the Bank of Greece said on Thursday. The central bank, in a report, said [...]

Greek banks have among the highest CARs in the eurozone, Karamouzis says

The president of the Hellenic Bank Association and of Eurobank, Nikolaos Karamouzis, spoke about the Greek banking system and its challenges in an event at the LSE in London. The event was a presentation of the book entitled “Non performing [...]

Central banker reiterates call for swift completion of program review

Greece’s central banker called again for the swift completion of the third program review in order for debt relief talks to begin, during a book presentation in Athens on Monday. Yannis Stournaras said debt relief talks will then lead to the [...]

SEV: Greece needs investments to achieve strong growth rates

An improvement of economic sentiment in the country, particularly after May 2017, is already reflected in much of the economic data, such as in industrial production, exports and retail sales, while a very good performance for tourism has contributed [...]

Greek management consultants more optimistic in Q3

Greek Management Consultants Confidence Index – GMCCI improved spectacularly in the third quarter of 2017 to 14.2 pct, from 6.4 pct in the second quarter, Hellenic Association of Management Consulting Firms (SESMA) said in its quarterly report [...]

Greek households cut spending in 2016

Greek households further cut their spending last year, spending more on food and housing and less on education; however, compared with 2015, the percentage of the population facing poverty risk fell slightly, Hellenic Statistical Authority said [...]

Over 50 pct of TAP pipes in Greece is in the ground, says country manager

Over 50 percent of the Trans Adriatic Pipeline (TAP) in Greece (276km) has been placed in the ground and backfilled, while more than 95 percent of the line-pipes for the Greek section have been delivered to the ports of Kavala, Thessaloniki [...]

Investment Restart: What, How and by Whom?

Conclusions of Day Conference titled “Investment Restart: What, How and by Whom?”. Professor Louka Katseli summed up the conclusions of the exceptionally successful Day Conference of the Athens Development and Governance Institute (ADGI–INERPOST) [...]

FinMin Tsakalotos: The third review will conclude on time

Finance Minister Euclid Tsakalotos referred to the new environment created for the Greek economy, the completion of the third review and the country’s exit from the crisis in an interview with the Sunday newspaper Nea Selida. Tsakalotos [...]