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Greek economy

News

Greeks need "light at the end of austerity tunnel"

Discussions between Greece, its European lenders and the International Monetary Fund on the country’s bailout obligations have dragged on for months as disagreements persist over fiscal issues, labour

Discussions between Greece, its European lenders and the International Monetary Fund on the country’s bailout obligations have dragged on for months as disagreements persist over fiscal issues, labour

News

Germany's Schauble denies 'Grexit' threat

German finance minister Wolfgang Schauble has said he is confident ‘‘Greece is on the right economic path’‘.

German finance minister Wolfgang Schauble has said he is confident ‘‘Greece is on the right economic path’‘.

Business

IMF reportedly will contribute to Greek bailout

The International Monetary Fund is reportedly likely to contribute up to five billion euros to the third bailout package for Greece.

The International Monetary Fund is reportedly likely to contribute up to five billion euros to the third bailout package for Greece.

Business

Greece pensioners receive controversial Christmas bonus payment

Queues stretched down the street outside Athens banks on Thursday, as pensioners waited to collect their Christmas bonus payments from the government.

Queues stretched down the street outside Athens banks on Thursday, as pensioners waited to collect their Christmas bonus payments from the government.

Europe

Tspiras, Merkel differ over Greek Christmas giveaway

Greek PM Alexis Tspiras has met with Angela Merkel in Berlin after his government passed a planned Christmas giveaway for pensions in defiance of its international…

Greek PM Alexis Tspiras has met with Angela Merkel in Berlin after his government passed a planned Christmas giveaway for pensions in defiance of its international…

Business

Greek central bank sees 2.5 percent growth for 2017

Greece's central bank is forecasting the Greek economy will expand by 2.5 percent next year, way better than this year's anticipated 0.1 percent.

Greece's central bank is forecasting the Greek economy will expand by 2.5 percent next year, way better than this year's anticipated 0.1 percent.

Business

Debt relief gift for Greece and Italy's political merry-go round resumes

Euro zone finance ministers have agreed to give Greece short-term debt relief but what price, if any, will Athens have to pay the price in the long-term by way of austerity…

Euro zone finance ministers have agreed to give Greece short-term debt relief but what price, if any, will Athens have to pay the price in the long-term by way of austerity…

News

Greece hopes for debt relief as EU reviews bailout reforms

Visiting Athens, the European Union’s Commissioner for Economic Affairs has reported ‘good progress’ as he reviews Greece’s efforts to implement labour and pension reforms required as part of its inte

Visiting Athens, the European Union’s Commissioner for Economic Affairs has reported ‘good progress’ as he reviews Greece’s efforts to implement labour and pension reforms required as part of its inte

Business

Greece sees surprise economic growth

Greece's economy expanded by a better-than-expected 0.5 percent from the previous three month period between July and September.

Greece's economy expanded by a better-than-expected 0.5 percent from the previous three month period between July and September.

Business

How Europe helps small businesses expand internationally

Small businesses often think big and in their desire to grow seek international expansion, but that's not easy. The EU has a professional network ready and willing to help, the European Enterprise Net

Small businesses often think big and in their desire to grow seek international expansion, but that's not easy. The EU has a professional network ready and willing to help, the European Enterprise Net

Business

Eurogroup pushes Greece on reforms

EU finance ministers are pushing Greece to press ahead with reforms so it can receive 2.8 billion euros bailout cash from the EU and International Monetary Fund by the end of October.

EU finance ministers are pushing Greece to press ahead with reforms so it can receive 2.8 billion euros bailout cash from the EU and International Monetary Fund by the end of October.

Business

Greek economy still struggling despite mild Q2 expansion

Greece's battered economy grew between April and June - but only by 0.2 percent from the first three months of the year and it shrank by 0.9 percent from the same period last year.

Greece's battered economy grew between April and June - but only by 0.2 percent from the first three months of the year and it shrank by 0.9 percent from the same period last year.

Business

Greek tourism under pressure

The 2016 holiday season is crucial to Greece's economic recovery, but Euronews found many in the tourism industry there are not hopeful.

The 2016 holiday season is crucial to Greece's economic recovery, but Euronews found many in the tourism industry there are not hopeful.

Business

ECB agrees cheaper loans to fund Greek banks

The European Central Bank has agreed to accept 'junk' rated Greek debt as collateral for normal "ECB":http://www.ft.com/cms/s/0/10708ef6-387a-11e6-9a05-82a9b15a8ee7.html#axzz4CPd5i6K9 lending to banki

The European Central Bank has agreed to accept 'junk' rated Greek debt as collateral for normal "ECB":http://www.ft.com/cms/s/0/10708ef6-387a-11e6-9a05-82a9b15a8ee7.html#axzz4CPd5i6K9 lending to banki

News

Greece's Finance Minister warns Europe needs to listen to its people

Greece has at times in the past seven years seemed like a sacrificial lamb on the altar of a strong euro, with its people being asked to suffer for past government incompetence or worse that put the e

Greece has at times in the past seven years seemed like a sacrificial lamb on the altar of a strong euro, with its people being asked to suffer for past government incompetence or worse that put the e

Nocomment

Greek state hospital workers protest cuts

Striking state hospital workers and teachers protested in Athens on Wednesday, demanding back pay and calling for action on staff shortages.

Striking state hospital workers and teachers protested in Athens on Wednesday, demanding back pay and calling for action on staff shortages.

Business

Greek businesses welcome tourist influx, worry about tax hike effects

Greece believes a bumper influx of tourists this year will boost its economic recovery, but there are fears bailout linked sales tax hikes could threaten businesses.

Greece believes a bumper influx of tourists this year will boost its economic recovery, but there are fears bailout linked sales tax hikes could threaten businesses.

Business

Putin and Tsipras focus on trade and investment

Russian President Vladimir Putin and Greek Prime Minister Alexis Tsipras are expected to focus on trade and investment during their meetings in Athens.

Russian President Vladimir Putin and Greek Prime Minister Alexis Tsipras are expected to focus on trade and investment during their meetings in Athens.