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Wednesday, July 6, 2022
GreeceBusiness

CATEGORY

Business

Greek gov’t to offer support measures worth 4.336 billion euros this year

The Greek government has earmarked 4.336 billion euros, or 2.2% of GDP, in measures to support households and enterprises against the energy crisis and...

Charles Michel: New LNG station in Alexandroupolis a geopolitical investment

"We will end our dependence on the Russian fossil fuels. This new LNG station is a geopolitical investment. It will help free southeastern Europe...

Higher minimum wage to apply from May 1, Labour Minister Hatzidakis tells ANA

As of Sunday, May 1, the basic wage will increase by 7.5 pct, on top of the 2 pct increase introduced in January 2022,...

Economist Jeffrey Sachs at online chat opening regional conference on May 3

World-renowned economics professor Jeffrey Sachs will participate in an online chat opening the 10th Regional Growth Conference on May 3. The online chat will serve...

Bond issue a vote of confidence by international markets, Greek FinMin says

Greek Finance Minister Christos Staikouras on Wednesday welcomed the successful return of the country to capital markets with a reissue of a 7-year bond,...

Greece has enough energy, no interruption expected

Greece has sufficient energy and no interruption in the country's supplies is expected, according to discussion at a meeting chaired by Prime Minister Kyriakos...

Strong demand for Greek 7-year bond reissue

A book-building process for the reissue of a 7-year bond attracted strong interest on Wednesday, with bids exceeding 5.8 billion euros with only half...

Greek budget tax revenue up 15.6% in March

State budget tax revenue rose 15.6% in March compared with budget targets totaling 3.385 billion euros, reflecting a more efficient tax collection, the Finance...

Greece announces return to capital markets

Greece on Tuesday announced its return to international capital markets and mandated six banks to run a reissue process for a 7-year bond maturing...

Greek wine production up 8.13% in 2021

Greek wine production grew 8.13% in 2021 compared with the previous year, totaling 2,468,945 kilolitres, the National Agricultural Cooperative of Wine Products said in...

S&P upgrades Greece’s credit rating to BB+ from BB, stable outlook

Standard & Poor's (S&P) raised Greece's credit rating to BB+ with stable outlook from BB with a positive outlook late on Friday (Athens time)....

Greek budget’s primary deficit lower than expected in 2021, Eurostat reports

The Greek state budget recorded a primary deficit of 5% of GDP in 2021, down from a budget target for a deficit of 7%,...

TotalEnergies announces withdrawal from two blocks near Crete

TotalEnergies on Thursday announced its decision to withdraw from two hydrocarbon exploration blocks near Crete - Western Crete and Southwest Crete - after the...

IMF forecasts lower primary deficit in 2022, return to primary surplus in 2023

The Greek general government primary deficit will drop from 5.9 pct in 2021 to 1.9 pct in 2022 and then return to primary surpluses...

Greek FM Staikouras: Green transition still a focus of recovery plan, despite crises

Despite the challenges of the health and energy crises, "the alignment of economic growth with our ambitious goals for the climate remains the focus...

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