Tag: Greek economy

Merkel

Europe will not be blackmailed: Greek PM

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…

Greek parliament

Greece in Brief: February Report

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…

greek economy

Government keen to prevent Greek economy falling ill to coronavirus

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

Greek exports to world on record high

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…

Greek parliament

GREECE IN BRIEF: January Report

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…

GREEK HERSBS

Greek natural products exporters expand overseas

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…

GREEK PARLIAMENT HOUSE

Greece in Brief: December 2019 report card

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…

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…

Greek economy

EU takes Greece off the credit ‘blacklist’

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…

Greek economy

Positive forecasts for Greek economy as growth continues

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%…

Greek airline carrier Astra faces liquidation 1

Greek airline carrier Astra faces liquidation

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…

IMF

Greece approved to pay back IMF debt earlier

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…

Mario Draghi

Greece is a success story: Mario Draghi

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…

Scope Ratings GmbH

German ratings agency ‘upgrades’ Greece

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 economy forecast to grow by 2.8 percent in 2020 6

Greece’s economy forecast to grow by 2.8 percent in 2020

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…

Indian market gives Greek apples the green light   8

Indian market gives Greek apples the green light  

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.…