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 government has created conditions of suffocation and misery in the sector of the economy, disappointment and insecurity to the society and escalation of the division tension in politics" said main opposition New Democracy shadow…
"After eight difficult years, the worst for the Greek economy seems to have been left behind, a fact attested by the data released by the General Electronic Commercial Registry (GΕΜH) which showed an explosive growth in the set-up and…
Despite the severe battering suffered by Greece's economy during the extended crisis, Bloomberg has given Greece with an overall 'B' grade in its report for the euro's 20th anniversary, published on Friday.
The year 2018 was a turning point for the Greek economy, as the third adjustment programme accompanied by concrete measures to reduce the country's financing needs over the next decade was successfully completed, according to Alpha Bank's…
The Greek hotel sector in the 2010-2017 period contributed to Greece’s economy both in terms of employment and Gross Value Added (GVA), the Bank of Greece (BoG) said in its Interim Report on Monetary Policy 2018 that was released recently.
A new liquidity "bomb" of eight billion euros will be injected into the Greek economy with the prospect of changing the climate in the market, Deputy Minister of Digital Policy and Media Lefteris Kretsos said on Monday.
The Greek economy is showing a trend of growth exceeding 2%, and is accelerating, Prime Minister Alexis Tsipras told the American-Hellenic Chamber of Commerce (AmCham) during an address on Tuesday.
The Greek economy grew by 2.2 pct in the third quarter of 2018, extending its growth course for the sixth successive quarter, Hellenic Statistical Authority said on Tuesday.
Pension cuts were neither legal nor necessary in Greece, European Commissioner for Economic and Financial Affairs Pierre Moscovici said on Tuesday, stressing that Greece has returned to normality.