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Economy

Greek current account balance turned negative in 2016

Greece's current account balance showed a deficit of 1.1 billion euros in 2016, against a surplus of 206 million in 2015, the Bank of Greece said on Monday. The central bank, in a report, said that this development was mainly attributed…

Athens Stock Exchange opening: Rise

Equity prices were rising on Monday on the Athens Stock Exchange (ASE), with the basic share price index up 0.77 percent, standing at 644.37 points at 11.00 am and turnover at 7.65 million euros. The FTSE/ASE Large Cap index for blue…

Gerovasili: Program review to close in near future

The second program review will be completed in the near future, Administrative Reconstruction Minister Olga Gerovasili said on Thursday in an interview with TV station “E”. “The review will close in the near future, perhaps even in…

FinMin Tsakalotos to have series of meetings with EU leaders

Finance Minister Euclid Tsakalotos will have a series of meetings in the next days, including German Chancellor Angela Merkel, EU Commissioner Pierre Moscovici, ESM president Klaus Regling and Poul Thomsen, Director of the IMF’s European…