Post-bailout credit line for Greece probably not needed – rescue fund head
Reuters – Greece will probably not need a precautionary credit line after its bailout ends in August if the country sticks to reforms, the head […]
ECONOMY
‘Giga carrier’ at Piraeus
Naftemporiki — A brand new COSCO ‘giga carrier’ arrived at the port of Piraeus on Monday. The 420-meter, 20,000 TEU (20 ft container) carrier “China […]
Tesla to build R&D group in Greece to tap into local talent
Electrek — Tesla’s has been expanding in Europe over the last few years with teams in the UK and Germany. Now the automaker is also […]
Greece braves jittery markets with bond sale raising 3 billion euros
Reuters — Greece launched its much-anticipated new bond on Thursday, drawing strong investor demand for the seven-year deal despite the volatility in world markets. In […]
Greece wants clean break from lenders, preparing own post-bailout plan
Reuters – Greece expects to make a clean break with official lenders when its international bailout expires in August and has no reason to seek […]
EU creditors to start Greece debt-relief talks
BBC — EU creditors have agreed to start talks on possible debt relief for Greece as the country prepares to leave an eight-year bailout programme. […]
Could growing marijuana be the answer to curbing Greece’s ongoing unemployment?
Bloomberg — Investors in medical cannabis projects are focusing on Greece, where a warm, sunny climate and potentially favourable future legislation could help the government deliver […]
Luxembourg based European institutions fund acquires stake in Fraport Greece,
The Marguerite Fund announced that it has acquired a 10% stake in Fraport Greece, the owner and operator of 14 regional airports in Greece. The […]
New tax legislation likely to shake up short-term property lease market
eKathimerini — A new law passed by Parliament in late December requires that property owners who use short term rental digital platforms such as Airbnb, […]
Banks to freeze debtors’ assets outside Greece
eKathimerini — Greek banks are resorting to freezing the foreign accounts of debtors in an effort to collect part of the dues of those considered […]
10 steps to Greece’s clean bailout exit at the end of the programme
Luxemburg Times — Here are the 10 crucial items on Greece’s calendar before the end of the bailout programme: This week, the government plans to […]
Greek bond yields hit new 12-year low, manufacturing activity grows
Reuters — Greece’s 10-year borrowing costs hit their lowest in 12 years on Friday, benefiting from expectations of an exit from its bailout this year, […]
Analysts see light at the end of the tunnel for Greek economy
IBNA — The Greek government appears to have put the country’s economy firmly on track to recover in recent months as the end of the […]
More businesses opened in Greece in 2017 – closures significantly reduced
Naftemporiki — The number of new businesses created in Greece in 2017 increased by 5.7 percent over the corresponding figure in 2016, while on an […]
Greeks look to 2018 as the green shoots of recovery spring into life
The Telegraph — Long-suffering Greeks have been given a beacon of hope with predictions by international creditors and the Bank of Greece that the economy […]