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Tag: Euro

Coronavirus hits Greece's economy the most in the EU 3

Coronavirus hits Greece’s economy the most in the EU

Greece’s economy this year is expected to be hit severely by the Covid-19 pandemic and the counter measures taken to limit its spread, according to the European Commission’s Spring 2020 Economic Forecast…

Greek state budget at 1.463 billion euros 10

Greek state budget at 1.463 billion euros

Greece’s Finance Ministry released its report this week showing a primary surplus of 1.463 billion euros for the first quarter of the State budget (January-April). These results were from an initial budget…

EU gives go-ahead to disburse Greece’s 1 billion euro tranche 12

EU gives go-ahead to disburse Greece’s 1 billion euro tranche

The EuroWorking Group meeting announced on Wednesday that Greece has completed the implementation of its agreed reforms and will recommend the disbursement of an outstanding 1-billion-euro tranche to the country at the…

Supermarket ATM blown up in Gerakas, East Attica 14

Supermarket ATM blown up in Gerakas, East Attica

Greek authorities are investigating the ATM robbery at a supermarket in Gerakas, East Attica, that occurred early Thursday morning. It is not known whether the perpetrators used dynamite, compressed gas or other methods…

Greece and neighbours hope to jointly  host the EURO or World Cup 16

Greece and neighbours hope to jointly  host the EURO or World Cup

Greece’s  Deputy Culture and Sports Minister Giorgos Vassiliadis  expressed his optimism following the conclusion of the Bulgaria-Greece-Romania-Serbia summit for the joint nomination of EURO 2028 or the World Cup in 2030. Regardless…

Greece handed inviting draw for UEFA Euro 2020 qualifying 18

Greece handed inviting draw for UEFA Euro 2020 qualifying

Greece was handed an inviting draw for UEFA Euro 2020 qualifying, placed in Group J alongside Italy, Bosnia and Herzegovina, Finland, Armenia, and Liechtenstein. Watch LIVE GREEK TV including full GREEK SPORTS…

The phone call that kept Greece in the Eurozone 21

The phone call that kept Greece in the Eurozone

Former President of France, Francois Hollande said that an a phone call from Greek President Prokopis Pavlopoulos after the referendum in the summer of 2015, played a pivotal role in Greece remaining…

Billion euro energy grid to power up Crete and Peloponnese 23

Billion euro energy grid to power up Crete and Peloponnese

Greece’s Environment and Energy Minister George Stathakis said that a central power grid and an electricity interconnection between Crete and Peloponnese is about to begin and is expected to be completed in…

Update for cash withdrawals and transfer of funds for Greeks 25

Update for cash withdrawals and transfer of funds for Greeks

The Hellenic Bank Association has provided the answers to frequently asked questions and the publication of the ministerial decision of the Minister of Finance (B’4315 / 28.9.2018), “Settlement of restrictions on cash…

European Commission to propose an end to daylight savings time 27

European Commission to propose an end to daylight savings time

President of the European Commission Jean-Claude Juncker, announced on Friday that the institution will put forward a proposal to end daylight savings time across the European Union. “We carried out a survey,…

Greece successfully exits final bailout 29

Greece successfully exits final bailout

Greece has successfully exited its final, three-year bailout program, agreed in August 2015 to help it cope with the continued fallout from a debt crisis, the euro zone’s ESM rescue fund said…

Greek economy

Greece set to receive 19 billion euros from EU budget

The EU has gone ahead with changes in its Regional Development and Cohesion Policy for 2021-2027, shifting a large chunk of support funds from central and Eastern Europe to countries such as…

No more austerity measures for Greece: Eurogroup 31

No more austerity measures for Greece: Eurogroup

Eurogroup President Jeroen Dijsselbloem has announced a policy move away from austerity for Greece with a renewed emphasis on reforms instead. Dijsselbloem made the surprise announcement after Monday’s meeting of Eurozone finance…

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