The Greek unemployment rate fell to 18.6 pct of the workforce in September 2018 from 18.9 pct in August, Eurostat said on Wednesday.
Greek exports grew 16.3 pct in November last year, but the country's trade deficit continued growing by 5.7 pct in the month for an increase of 1.6 pct in the January-November period, Hellenic Statistical Authority said on Wednesday.
Finance Minister Euclid Tsakalotos said the biggest problem facing the Greek economy are the non-performing loans held by local lenders, adding however that “there is no need to panic.”
The European Commision has approved under EU State aid rules a voucher scheme to support the take-up in Greece of broadband services with download speeds of at least 100 Megabit per second.
Greek Economy and Development Minister Yiannis Dragasakis on Monday signed a ministerial decision to fund the New Economy Development Fund (TANEO) with 700 million euros from the Public Investment Programme.
The Greek sea cruise industry recorded a 3.5 pct increase in passenger traffic in 2018, with the same number of ship arrivals despite recent geopolitical turmoil in the eastern Mediterranean, the Greek Ports Association (ELIME) said in a…
A further reduction of non-performing loans, financing the real economy and a digital transformation are the three main challenges facing Greek banks in 2019, a top executive in a systemic bank said on Monday.
The winter sales are to start on Monday, January 14 and run until Thursday, February 28, the Athens Trade Association announced on Monday.
Greece will sell 625 million euros ($713.25 million) of three-month treasury bills on January 9 to refinance a maturing issue, debt agency PDMA said on Friday.
The government is expected to include debts that expired in 2018 in the provisions of the recently revised out-of-court debt settlement mechanism.