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IPTO announces framework agreement tender for undersea power cables

Independent Power Transmission Operator (IPTO) on Thursday announced a tender procedure aiming at a framework-agreement for underwater AC power cable projects for interconnections to...

Finance Ministry: Greece a champion in real GDP per capita growth in Europe

Greece is a champion in the increase of real GDP per capita growth in Europe, the National Economy & Finance Ministry's press office said...

Construction sector in Greece shows robust growth, good prospects, IOBE says in report

The strong growth in construction in Greece and the promising opportunities of the sector in the coming years is highlighted in a research report...

State budget primary balance amounts to a surplus of 3,378 million euros

The state budget primary balance on a modified cash basis amounted to a surplus of 3,378 million euros, against the primary surplus target of...

Finance Ministry tightens Golden Visa rules

The Finance Ministry announced on Thursday measures to cut down on bureaucracy, facilitate taxpayers, use modern technology in collaboration with the Independent Authority for...

Hatzidakis on Greece’s rise in Economist Intelligence Unit: It is a great success for Greece

Economy and Finance Minister Kostis Hatzidakis on Thursday said that Greece's significant improvement in Economist Intelligence Unit is the proof that that the Greek...

GREECE- Consumers can contribute to reducing prices, Skrekas says

We are redesigning the e-katanalotis platform so that the consumer knows the exact cost of the products he wants to buy in the supermarkets...

Economy & Finance Ministry: Moody’s analysis records significant progress in the Greek economy

Moody's began upgrading the Greek economy by two notches just six months ago, on September 15, 2023. No further upgrade was expected in such...

Lower primary surplus in January-February 2024, BoG says

Greece's state budget showed a reduced primary surplus in the two-months period January-February 2024 on a cash basis, compared to the corresponding period last...

Overall turnover index in industry up 3.2% in January, ELSTAT says

The Overall Turnover Index in Industry rose 3.2% in January 2024 compared with the corresponding index of January 2023, according to the Hellenic Statistical...

Greeks turn to private-label and domestic brands in response to obstinately high prices

Greek consumers are increasingly turning to Private Label (PL) products as they strive to lower their supermarket bills in the face of persistently high...

Greece-Bulgaria-Romania trilateral meeting on establishing transport corridor

Infrastructure and Transport Minister Christos Staikouras participated in a trilateral working meeting of Greece, Bulgaria and Romania held in the Bulgarian capital on Thursday. The...

Stournaras: ECB must reduce rates four times within 2024

The European Central Bank must cut borrowing costs twice before the August summer break and another two times before the end of the year,...

FinMin Hatzidakis highlights importance of advancing the Capital Markets Union at ECOFIN – Eurogroup meeting

The Minister of Economy and Finance Kostis Hatzidakis, emphasized that economic development and social cohesion are complementary goals during his participation in the Eurogroup...

National Bank announces 1.2-billion-euro profit in 2023

National Bank on Tuesday announced profits of 1.2 billion euros in 2023, driven mainly by interest rates. Net interest income jumped by 65% year-on-year. According...

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