Staikouras: DBRS Morningstar’s upgrade of Greece’s rating is ‘extremely positive’
The decision by the rating agency DBRS Morningstar to upgrade Greece's credit rating to BB (high) from BB was an "extremely positive development," according...
Staikouras: Government holding resources in reserve for the future
The government is holding on to resource reserves for possible future use, given the high level of uncertainty at present, Finance Minister Christos Staikouras...
FinMin Staikouras unveils four new measures of 1.1 bln euros to support households and businesses
Finance Minister Christos Staikouras announced four new measures, with a total cost of 1.1 billion euros, to strengthen households (mainly the middle class and...
Eurogroup welcomes Greece’s progress, in recognition of its rapid, strong recovery, says FinMin Staikouras
Eurogroup welcomed Greece's progress, recognizing its rapid and strong recovery, but also the favorable prospects of its economy, said Greek Finance Minister Christos Staikouras...
Greek enterprises’ turnover up 30.5% in January 2022
Greek enterprises' turnover grew 30.5%, or by 4.87 billion euros, in January this year compared with the same month in 2021, totaling 20,846,302,000 euros.
Τhe...
Greek state budget tax revenue exceeded targets in Jan-Feb
Greek state budget tax revenues exceeded targets by 587 million euros in the first two months of 2022, evidence that the Greek economy was...
Greek Industrial Import Price Index Up 31.8% in January
The Greek import price index in the industrial sector jumped 31.8% in January compared with the same month last year, after a 4.8% decline...
Greece-Saudi Arabia relations at their best-ever level, Smyrlis tells ANA
The messages from the meetings held by the government and business mission in Saudi Arabia give "impetus for Saudi investments in Greece, for joint...
Pancreta Bank to buy HSBC’s operations in Greece
Pancreta Bank on Monday signed an in-principle agreement with HSBC Continental Europe for the purchase of HSBC branch operations in Greece.
The completion of the...
Greek trade deficit jumped 98.7% in January
The Greek trade deficit soared 98.7% in January as imports grew faster than exports for another month, Hellenic Statistical Authority said.
More specifically, the value...
Greek inflation rate jumped to 7.2% in February
The Greek annual inflation rate jumped to 7.2% in February, from 6.2% in January and -1.3% in February 2021, Hellenic Statistical Authority said.
Finance Minister...
Natural gas reserves surveys at Ionian Sea conclude successfully
A geophysical survey carried out in the northern parts of the Ionian Sea to assess natural gas reserves has concluded successfully, Hellenic Hydrocarbon Resources...
Athens stock market: The cost of the war in Ukraine amounts to 9.3 bln euros
Since the beginning of the war, the Athens stock exchange has recorded losses of 13.43 pct while the market's capitalization has fallen by 9.345...
The government will continue to do its best to support households and businesses
The consequences of the war in Ukraine are particularly painful for the Greek economy, exacerbating an already negative climate on the inflation front, which...
Greek economy had a strong recovery in 2021, almost covering losses in 2020, ministers say
The Greek economy, in the midst of an adverse environment, recovered strongly in 2021 covering almost all the losses of 2020," stated Minister of...