The Greek state has suffered a loss totaling 241 million euros from not claiming back the rebates from the pharma industry. This was denounced by the Minister of Health, Andreas Xanthos, and Labor, Efi Achtsioglou, in an extraordinary press conference.
Greece’s creditors are insisting on a drastic reduction of the maximum property and income criteria for the protection of borrowers’ homes, or the exemption of corporate debts, before approving the Greek plan, sources have said.
The European Union’s top court on Tuesday denied access to a key European Central Bank document which underpinned its decision to freeze vital funding to Greek banks in 2015, a turning point in the country’s financial crisis.
An International Monetary Fund (IMF) first post-programme monitoring report focused on achieving the goal of fiscal balancing in the Greek economy and noted that this effort should be made within the framework of medium-term fiscal targets…
The Greek merchant fleet has shown a minor decline in 2018. The number of vessels registered under the Greek flag were diminished as compared to the 2017 data. According to recent data, the number of Greek flagged vessels reached 671 in…
The Eurogroup was concluded on Monday without a decision for the disbursement of the one billion euro loan tranche, according to a eurozone source.
Systems Sunlight, a leading battery producer and exporting company in Greece recently received the final verdict about the amount of compensation it would receive for its formerly damaged production plant at Xanthi. The Neo Olvio battery…
Greece is cutting taxes on dividends by 33 percent, hoping to draw investors and provide some relief for companies, which have complained about overtaxation since Greece’s debt crisis nearly a decade ago.
The chance that Greece will get the green light for the disbursement of a roughly one-billion-euro tranche of ECB profit returns on Greek bond holdings is increasingly unlikely, an EU official has said on condition of anonymity.
Greek unemployment rate fell to 18 pct of the workforce in December 2018, from 18.3 pct in November and 20.8 pct in December 2017, Hellenic Statistical Authority said in a report released on Thursday.