Greek unemployment rate fell to 11.8% of the workforce in Q1
Greek unemployment rate eased to 11.8% of the workforce in the first quarter of 2023, from 11.9% in the fourth quarter of 2022 and...
Greek budget records 2.289 billion euros primary surplus in Jan-May
The Greek state budget remained on a positive course in May with tax revenue exceeding targets by 9.3% in the month..
More specifically, a report...
Mytilineos signs PPA contract in Australia
Mytilineos and SmartestEnergy Australia have signed a long-term Power Purchase Agreement (PPA) for the 40MW Kingaroy Solar Farm in Queensland, Australia.
Kingaroy Solar Farm is...
Greek enterprises’ turnover up 8.3% in Q1
Greek enterprises' turnover grew 8.3% or by 7.5 billion euros in the first quarter of 2023, totaling 97,564,300,000 euros, from 90,100,078,000 euros in the...
Fitch affirms Greece´s LongTerm Foreign-Currency Issuer Default Rating (IDR) at ‘BB+’ with a Stable Outlook
Fitch Ratings announced that it has affirmed Greece´s LongTerm Foreign-Currency Issuer Default Rating (IDR) at 'BB+' with a Stable Outlook.
Greece's rating is underpinned by...
Tax authorities enlist new digital ‘weapon’ in fight against tax evasion on the islands
Greece's Independent Authority for Public Revenue - known in Greece as AADE - is preparing to step up the war on tax evasion this...
Greek inflation slowed to 2.8% in May
The Greek inflation rate slowed further to 2.8% in May from 3.0% in April and 11.3% in May 2022, reflecing exclusively a sharp fall...
Bulgaria the honoured country in this year’s TIF
Bulgaria has officially accepted the offer to be the honoured country of the 87th Thessaloniki International Fair, which is to be held between 9...
Passenger traffic at Athens International Airport up 23.4% in May
Passenger traffic "took off" at the Athens International Airport in May totaling 2,538,086 passengers, up 23.4% from May 2022 and up 11.1% from the...
Greek trade deficit down 22.9% in April
Greece's trade deficit shrank by 22.9% in April, reflecting a significant decline in the value of imports due to a sharp fall in international...
Greek economic growth will remain robust, OECD says
Greek economic growth will remain robust with real GDP growth projected at 2.2% in 2023 and 1.9% in 2024, the Paris-based Organisation for Economic...
GREECE- Interest rate spread up in April
The interest rate spread between new deposits and loans increased to 5.60 percentage points in April, as the weighted average interest rate on new...
Mytilineos says shareholders pressuring for company’s headquarters transfer abroad
Major shareholders are pressuring for the transfer of the group's headquarters abroad in order to further boost the company's valuation, Evangelos Mytilineos, chairman and...
EBRD invests 60 million US dollars in Skouries mine project
Hellas Gold and its parent Eldorado Gold Corporation on Wednesday announced they had reached an agreement with the European Bank for Reconstruction and Development...
Greek bond yield falls to its lowest level in 10 months
Τhe 10-year Greek bond yield fell to its lowest levels in 10 months, returning to levels seen in August 2022.
Traders said market sentiment remained...