Finance

The Greek Finance Minister, Kyriakos Pierrakakis, told Mega TV on Thursday that the government was preparing a package of limited measures to alleviate the burden on Greece’s middle class. Pierrakakis said the relief measures would be formally announced by the Prime Minister at the 89th Thessaloniki International Fair (TIF) in September. The minister underlined that […]

Public hospitals remain the primary contributors to the mounting debt, with their outstanding payments to suppliers climbing to 1.489 billion euros in March.

The BoG notes that inflation in Greece remains driven by rising service costs and unprocessed food prices, while energy shows internal disparities.

The Cosco-managed and majority-controlled PPA reported 230.9 million euros in revenues for the year

Some of the holders have challenged the validity of a notice issued by Athens last month to exercise a re-purchase-before-maturation option that settles on Wednesday

The Greek per capita GDP will reach 2007-10 levels in 2033, according to a working paper released by the Budget Office of the Parliament on Tuesday, May 13. The Budget Office put forward two scenarios, according to which the Greek per capita GDP would be commensurate with 2007. In the first case study, assuming a […]

China Leads, Greece holds 6th place, and India and Brazil are significantly increasing their capacities.

Greece's IPTO, Rome-based Terna sign MoU in Rome on sidelines of second high council of cooperation headed by respective countries' premiers

Inflation in Greece is projected to settle at 2.9% in 2025, according to the Bank of Greece (BoG).  The Bank of Greece’s Fiscal Monitor report underlines that the country’s consumer price index (CPI) is expected to amount to just under 3%, mainly due to persistent inflation in the services sector. According to the forecast, inflation […]

The Greek-Indian Chamber of Commerce opens a branch in Kos, aiming to boost Aegean business through labor, tourism, and investment.

“The Athenian Riviera is not a single market, it is many micro-markets, each tailored to a different lifestyle,”

Greek public debt currently stands at €364.8 billion, according to the Public Debt Management Agency (PDMA). Despite the exorbitant amount, markets consider it serviceable, one of the reasons, among others, that prompted Greek Finance Minister Kyriakos Pierrakakis to state the country would “not be the most indebted by 2029” during his visit to the PDMA […]

Inflation in Greece slowed to 2% in April 2025 from 2.4% in March.

The visit was part of the Greek government's broader effort to promote investment in the country's hydrocarbon sector.

The rising cost of ice cream means that a simple indulgence for a couple—whether in the city or on an island—could now cost up to 12 euros.

Alpha Bank examined the direct and indirect impact of President Donald Trump’s tariffs may have on the Greek economy, according to the bank’s latest economic bulletin. The analysis focuses on key sectors that could be affected by heightened tariffs under a potential new U.S. administration, including exports, foreign direct investment (FDI), and tourism flows. Indirect […]

Germany remains the top destination for Greek alcoholic beverages, accounting for 35% of the value and 43.5% of the volume (16 million kg).

The EU is considering tariffs on €95 billion worth of U.S. goods, including a wide range of industrial and farm products. It is also looking at limiting some EU exports of steel scrap and chemicals to the U.S., worth €4.4 billion.

The Greek Finance Minister Kyriakos Pierrakakis said the country had made strides in controlling the exorbitant Greek public debt, predicting it would not be the most indebted in the EU in 2029 during a visit to the Public Debt Management Agency (PDMA) offices on Wednesday. According to the European Commission, Greece stands at the top […]

As summer approaches, Greece’s tourism sector is facing a critical labor shortage with approximately 80,000 unfilled positions in hospitality and food service. The situation has sparked intense debate over whether migrants could provide a solution to the labor gap.