Greece drew strong demand, €2.5 billion, for a 10-year bond it reopened on Wednesday. The high demand lowered the interest rate down to 1.23%. Prime Minister Kyriakos Mitsotakis hailed the reopening of…
Tag: money
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…
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…
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…
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…
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…
A witness in the corruption case against formed PASOK Defence Minister Yiannos Papantoniou admitted to helping him and his wife export abroad more than 2.5 million in cash. The witness, a civil…
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…
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…
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…
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…
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…