finance news

Hollande warns the French government - "I, who saved Greece, tell you to be careful with debt"

The former French president referred to Greece when discussing the debt issue and the need to faithfully observe the budget…

3 months ago

Greek billionaire Telis Mistakidis acquires Aegean Baltic Bank

According to the recent Forbes list, the second richest Greek will own approximately 48% of the bank's shares and will…

10 months ago

China’s economy is mired in Xi’s slogans while a slowdown takes hold

In his annual report to China’s legislature, Premier Li Qiang vowed a “new leap forward” by supporting developing sectors and…

11 months ago

Court-ordered liquidation of China's Evergrande dent Asian shares

Asian stocks stumbled on Tuesday as the court-ordered liquidation of property giant China Evergrande weighed on sentiment while geopolitical tensions…

12 months ago

IMF: Greece's economic prospects improved, 2.1% growth in 2024

Greece's economic prospects have improved significantly, the International Monetary Fund says in its latest assessment The IMF notes that following…

1 year ago

Greek exports down 12.2% in November

Greek exports fell 12.2% in November, representing a decline of 7.5% in the 11 months from January to November 2023,…

1 year ago

2024 a landmark year in terms of tax administration

2024 is expected to be a landmark year in terms of tax administration. More specifically, the interconnection of cash registers…

1 year ago

Mitsotakis attributes Greece being The Economist's Country of the Year to "the Greek people’s efforts"

The Economist highlighted Greece as country of the year for 2023, with Prime Minister Kyriakos Mitsotakis speaking of "recognition of…

1 year ago

Which economy did best in 2023? The Economist ranks Greece in top place!

The Economist highlighted Greece in the top place in the economy as it placed it at the top of the…

1 year ago

Euronet announces a new free ATM network in Greece

Euronet Worldwide, Inc. (“Euronet”), a leader in the provision of payment services on a global scale, announces the launch of…

1 year ago

Greek inflation eases to 3.0% in November

Greek inflation slowed further to 3.0% in November from 3.4% in October and 8.5% in November last year, the Hellenic…

1 year ago

Only 3% rent increases for commercial properties in 2024

Legislation to continue imposing a 3% cap on commercial rent increases provides a trap for property owners and protection for…

1 year ago

Greece in the top 5 European countries with the most expensive loans - What's the situation with deposits?

Greece is consistently in the top 5 European countries with the most expensive loans, both for housing and consumption in…

1 year ago

India expected to be world's third-largest economy by 2030 - S&P Global Ratings

India will remain the fastest-growing major economy for at least the next three years, setting it on course to become…

1 year ago

Greek unemployment falls to 9.6% for the FIRST time since the crisis started

Greek unemployment fell to 9.6% — that’s in SINGLE digits- for the FIRST time since the economic crisis started 14…

1 year ago

Greek budget showed primary surplus of €5.8 billion in Jan-Oct

Greek state budget recorded a primary surplus of 5.8 billion euros, on a cash basis, in the January-October period this…

1 year ago

EU Commission: Greece above the EU average, growth of 2.2% until 2025

The European Commission estimates that Greece's economic growth in 2023 will be at 2.4% and continue at 2.2% until 2025,…

1 year ago

AEGEAN Airlines ready to buy back shares from the Greek state

AEGEAN Airlines on Monday announced that the Hellenic Republic submitted a notification of its intention to exercise the rights granted…

1 year ago

Argylica Conditsis: The 30-year-old Greek-Australian uni dropout is on the Young Rich List

Argylica Conditsis and her brother William have made a remarkable achievement by being among Australia's most wealthy under 40, according…

1 year ago

The two keys for the Greece to achieving 3.0% GDP growth in 2024

Greece has set an ambitious goal for economic growth in 2024 in its draft budget plan tabled in Parliament. However,…

1 year ago