In an exclusive interview with Greek City Times, Deputy Minister of Development and Investment Mr. Christos Dimas discusses research, technology and innovation in Greece and his government’s priorities in the sector. By…
Tag: Greek economy
Greece’s Prime Minister Kyriakos Mitsotakis on Monday met with German Chancellor Angela Merkel in Berlin and also addressed the German-Hellenic Economic Forum where he stressed that Greece and Europe will not be…
From the country’s first female appointee as President of the Republic, substantial upgrades from credit ratings agencies, to optimistic economic growth forecasts and environmental feats with its record 727.5 MW of new…
Greece’s Finance Minister Christos Staikouras on Tuesday announced that the Mitsotakis government was ready to take specific measures for each possible scenario of consequences from the spreading of coronavirus in the Greek…
Greek exports recorded a new historic record in 2019 according to an announcement by the Panhellenic Exporters’ Association and the Center for Export Research and Studies. Greece’s export performance to the EU…
Each month GCT presents a round-up of key events, facts and figures as presented by Greek government agency, Enterprise Greece for the benefit of our readership. Greece-U.S. Relations Prime Minister Kyriakos Mitsotakis…
Following the US Vice President Mike Pence’s statement that “the bonds between the United States of America and Greece have never been stronger”, Prime Minister Kyriakos Mitsotakis stated that he is “very proud to…
From Cretan medicinal herbs known since antiquity to mastic infused skin balms, Greece’s natural and organic product makers are penetrating overseas markets amid rising consumer awareness of the need for healthier and…
With a better than expected economic outlook and rising exports, Greece enters 2020 with a more optimistic outlook on the future. Tourism revenues were up by more than 14% in 2019 compared…
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…
The European Commission on Tuesday announced its decision to return Greece on the list of “marketable risk” countries for short-term export credit insurance, following the successful completion of its fiscal adjustment program…
The European Bank for Reconstruction and Development (EBRD) said in its autumn economic forecasts report released on Tuesday, that the Greek economy is set to grow by 2% this year and 2.4%…
Small Greek airline carrier Astra cancelled several flights over the weekend due to serious financial problems and is currently facing liquidation. On Saturday, flights from Ikaria and Limnos to Thessaloniki as well…
The Greek government expressed satisfaction following the green light it was given on Monday by the European Stability Mechanism (ESM), for Greece’s early partial repayment of its outstanding loans to the International…
Outgoing European Central Bank (ECB) President, Mario Draghi on Thursday referred to Greece as a success story. Draghi made the comments, when referring to Greece’s economic course as seen through his eight-year…
Greece just got an ‘upgrade’ on Monday on its long-term foreign- and local-currency issuer ratings to BB from BB-, with a Positive Outlook, courtesy of a German ratings agency. The German-based rating…
Greece’s Port Planning and Development Committee last week approved a 611.8-million-euro investment plan for the modernization and upgrade of Piraeus Port, the shipping ministry announced. This paves the way for the project to begin, with Shipping…
Greece expects its economy to grow by 2.8 percent in 2020 whilst respecting fiscal pledges to the country’s creditors, said a draft budget released on Monday. The draft submitted Monday to parliament…
Large amounts of Greek apples will soon be available across India after the Indian Ministry of Agriculture gave Greek fruit growers the final approval to begin exporting their red and green apples.…
The collapse of UK tour operator Thomas Cook may cost the Greek economy more than 2.5 billion euros in 2019 and 2020, according to a survey released on Tuesday in Athens. Total…