Tag: Eurozone

tourism Athens

Greece ranks 4th in tourism market in Med

A Bank of Greece report indicated that Greece occupied the fourth spot in terms of the Mediterranean tourism market, whilst Spain, Italy and Turkey took the first three places, respectively. The report…

Mario Draghi

Athens honours the Italian banker who “saved” the EU

The prestigious Academy of Athens, yesterday honoured the outgoing European Central Bank (ECB) President Mario Draghi, for his role in rescuing the European economic and monetary union and for his response and…

Greece has overachieved on fiscal targets  7

Greece has overachieved on fiscal targets 

Following a press conference after the eurozone finance ministers’ meeting on Thursday, Eurogroup President Mario Centeno said that the Greek government has informed the Eurogroup about the package of measures legislated by the…

Greek President blasts Turkey for illegal oil drilling 9

Greek President blasts Turkey for illegal oil drilling

The President of the Hellenic Republic, Prokopios Pavlopoulos condemned in the strongest possible terms Turkey’s stance toward Cyprus during his meeting with Nick Larigakis, President from the American-Hellenic Institute and his delegation…

Greece still maintains highest unemployment rate in Europe 11

Greece still maintains highest unemployment rate in Europe

According to a Eurostat report released on Tuesday, Greece still maintains the highest unemployment rate at 18.5% of the workforce in January 2019, from 18.4% in December, but down significantly from 20.6%…

EU gives go-ahead to disburse Greece’s 1 billion euro tranche 13

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…

Europe stalls on decision to give 1 billion euros to Greece 17

Europe stalls on decision to give 1 billion euros to Greece

Monday’s EuroWorking Group meeting failed to reached a decision on the disbursement of the 1 billion euros as an agreement between the Greek authorities and the institutions on the reform of the…

Unemployment in Greece continues sharp decline 19

Unemployment in Greece continues sharp decline

Unemployment figures released on Friday by Eurostat indicated the Greek unemployment rate was 18.5% in November 2018, from 18.7% in October. In its report, the EU executive’s statistics agency said that Greece…

Angela Merkel ‘grateful’ to Tsipras over FYROM name deal 21

Angela Merkel ‘grateful’ to Tsipras over FYROM name deal

German Chancellor Angela Merkel said on Thursday during her joint press conference in Athens with Greek Prime Minister Alex Tsipras that she was ‘grateful to him for working with the Prime Minister…

EU Commission President receives Greek President 23

EU Commission President receives Greek President

European Commission President Jean-Claude Juncker on Wednesday received Greece’s President Prokopios Pavlopoulos during his official visit to Brussels. Following their meeting , the Greek President and Jean-Claude Juncker attended a working luncheon…

Greek economy recovering says Budget Office 25

Greek economy recovering says Budget Office

The Head of the Parliamentary Budget Office, Fragkiskos Koutentakis said on Thursday that the Greek economy is slowly returning to growth with rising employment and wages. These were the conclusions of the…

The phone call that kept Greece in the Eurozone 27

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…