Tag: money

Greece confirms budget primary deficit of €8.199b in Jan-July

Greece confirms budget primary deficit of €8.199b in Jan-July

The Ministry of Finance announced that in the January-July 2020 period, Greece recorded a primary budget deficit of of €8.199 billion, against a surplus target of €1.166 billion. The announcement reflects the…

Average Greek daily wage at a mere 51.28 euros 1

Average Greek daily wage at a mere 51.28 euros

Official figures released on Tuesday reveal the average monthly and daily wage for workers in full-time jobs in Greece was 1,182.39 euros and 51.28 euros, respectively, in February. Meanwhile workers in part-time…

Supermarket ATM blown up in Gerakas, East Attica 3

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…

Surprise primary surplus of 7.6 billion for Greek state budget 5

Surprise primary surplus of 7.6 billion for Greek state budget

Greece’s Finance Ministry announced on Thursday that the state budget recorded a primary surplus of 7.626 billion euros in the January-November period this year. According to the Ministry the surplus was much…

Explosion at Bank’s ATM 7

Explosion at Bank’s ATM

Unknown perpetrators caused an explosion at a bank’s ATM outside a supermarket at Mitilini & Sikelianos Angelos Street in Salamina, in an attempt to extract cash boxes with money. The explosion caused…

Greek bank shares drop due to overreaction 11

Greek bank shares drop due to overreaction

A Financial Times report referencing the significant drop in bank share prices yesterday at the Athens Stock Exchange, noted nonetheless Greek banks are still well recapitalised and follow the schedule agreed with…

e-Platform lauched for businesses operating on Greek islands 13

e-Platform lauched for businesses operating on Greek islands

The Greek government launched an electronic platform today allowing businesses operating on Greek islands to submit funding applications relating to transport expenses to and from the islands. Island businesses can now visit…

Teacher arrested after seeking bribes to pass students 15

Teacher arrested after seeking bribes to pass students

A teacher from the Technological Educational Institute of Serres was arrested on bribery charges along with the owners of two private colleges in the city. It is alleged that the men received…

Update for cash withdrawals and transfer of funds for Greeks 17

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…

Tsipras meets with big banking bosses in New York 19

Tsipras meets with big banking bosses in New York

Greece’s Prime Minister Alexis Tsipras is scheduled for successive meetings with Bank of America Merrill Lynch executives and Morgan Stanley executives in New York today. According to government sources, in the series…

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