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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...

Greece rated second worldwide in incorporating solar photovoltaic technologies for electricity production

Greece is rated second globally in terms of incorporating solar photovoltaic (PV) technologies in its electrical power output, according to a report by the...

Greek bonds trading as though they already have investment grade, analysts tell Reuters

Greek bonds are already trading as though the country has regained investment grade, bank analysts that deal with Greek government debt told Reuters on...

New ND government in Greece will be ‘credit positive’, lead to ‘large debt reduction’, Moody’s says

New Democracy's strong results in last Sunday's elections significantly increase the chance that it will form a government after the repeat elections to be...

Primary surplus of 2.443 bln euros compared to a primary deficit target of 869 mln euros in Jan-Apr

The State Budget Primary Balance amounted to a surplus of 2,443 million euros for the period of January - April of 2023, against the...

European Commission: Greece should keep implementing recovery plan consistently

The European Commission recommended that Greece maintain its dynamic and consistent implementation of the Recovery and Resilience Plan (RRP), in its 2023 European Semester...

Greece should wind down energy support measures by end of 2023, European Semester report says

BRUSSELS (ANA/ M. Aroni) Greece, along with Italy, continues to experience excessive imbalances but its vulnerabilities appear to be receding due to policy progress,...

Higher salaries a main focus of a second-term New Democracy gov’t, PM Mitsotakis tells CNN

Raising salaries is a main priority for New Democracy if it wins a second four-year term, party leader and Prime Minister Kyriakos Mitsotakis told...

GREECE – Deadline to file taxes is extended to July 31

The deadline for filing 2022 income tax in Greece is extended at 15:00 on July 31, following a decision signed on Tuesday by Deputy...

Lamda Development announces agreement to build first Mandarin Oriental hotel in Athens

The first Mandarin Oriental hotel in Athens will be built on the coastal front of the Hellinikon project, Lamda Development announced on Tuesday. The agreement...

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