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ECONOMY

Finance ministry lifts capital controls on domestic withdrawals

28th September 2018 Newsroom 0

eKathimerini — Greece’s Finance Ministry announced on Thursday it is lifting all capital controls on cash withdrawals and the movement of capital within the country. […]

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Greece wants to speed up minimum wage rise after bailout exit

20th September 2018 Newsroom 0

Reuters — Greece on Wednesday submitted a draft amendment to parliament to speed up the process of raising the minimum wage for the first time […]

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Estate agents find signs of recovery in Greek property market

11th September 2018 Newsroom 0

Naftemporiki — Greece’s recession-battered real estate sector is showing faint signs of recovery, according to a nationwide study by an association representing estate agents and […]

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Varoufakis:”They have put Greece into a permanent coma and they call it stability”

20th August 2018 Newsroom 0

The Express — Former Greek Finance Minister Yanis Varoufakis suggested the European Union “foisted the so-called bailout” on Greece to save German and French banks at risk of collapse […]

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A timeline of Greece’s long road to recovery

20th August 2018 Newsroom 0

DW — On Monday, Greece exited the third and final bailout program of a nine-year debt crisis that has chopped around a quarter off the […]

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18 products have kept Greek exports afloat

4th August 2018 Newsroom 0

eKathimerini — According to a study compiled by National Bank of Greece’s Economic Analysis Department, 18 products that account for 30 per cent of all Greek exports supported […]

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Europe says Greece is a comeback story. The I.M.F. isn’t convinced

3rd August 2018 Newsroom 0

NYTimes — As Greece prepares to end nearly a decade’s worth of international financial bailouts next month, European policymakers have been eager to promote the […]

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Germany delays Greece’s final bailout payment

13th July 2018 Newsroom 0

Bloomberg — Germany held up a final 15 billion-euro aid payment to Greece after the government in Athens postponed a VAT increase, on five islands […]

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Commission activates 2013 enhanced surveillance regulation to ‘help’ Greece

12th July 2018 Newsroom 0

EC Press release —  On 20 August, Greece will conclude its ESM stability support programme, safeguarding its place at the heart of the euro area […]

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Christine Lagarde on Greek debt restructuring agreement

22nd June 2018 Newsroom 0

IMF — Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of the Eurogroup meeting in […]

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Europe decides Greek crisis is over as Eurogroup agrees debt restructuring measures

22nd June 2018 Newsroom 0

Reuters – Eurozone finance ministers reached an agreement on debt restructuring for Greece on Friday to smooth out the return of Athens to market financing […]

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The prospects of the Greek economy at the end of the bailout

22nd June 2018 Yannis X 0

On Aug. 20, Greece is due to exit from its third bailout program. But the country is still saddled with a towering public debt — […]

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Germany makes billions in interest from Greek debt misery

21st June 2018 Newsroom 0

Daily and Sunday Express — Figures revealed yesterday show once again that despite Germany’s fear taxpayers would pick up the bill for the crisis in […]

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Greek debt deal will be credible to markets – Centeno

3rd June 2018 Newsroom 0

Reuters – Euro zone lenders will put together a debt relief deal for Greece that will be credible to markets and involve a rescheduling of […]

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Greek workers strike over austerity, bailout reform

30th May 2018 Newsroom 0

DW — Getting around Greece proved a challenge on Wednesday as a nationwide labour strike gripped the country. Public transportation was disrupted; some flights cancelled and ferries were […]

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1 2 … 51 »
  • State of emergency for the whole of Chania Prefecture

    The regional authority declared a state of emergncy for the whole of Chania Prefecture. The storm that lashed the west side of the island caused […]

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  • Giving up… DRINKING

    John Aitch, a retired international journalist who commutes between a rented flat in Kalyves and his cottage in Scotland, has been giving up things half […]

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  • Record rainfall in Chania in January

    High levels of precipitation were recorded in January in almosr every part of Greece. The graph from the national observatory / meteo.gr shows the recorded […]

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  • Region of Crete approves significant works for Apokoronas

    Earlier in the week, the Regional Authority of Crete announced it approved Apokoronas plans for the improvement of the Vryses – Georgioupolis road. The work […]

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  • Strong winds disrupt ferries, bring cloud of dust to Crete

    Gale force winds in the Aegean, reaching speeds of up to 9 Beaufort, tied up ferries at the ports of Lavrio and Rafina, but also […]

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