Category: economy


Greek FinMin welcomes release of 4th tranche of debt measures worth 767 million euros

“The government and its economic team, exploiting the confidence shown by the partners, institutions, markets, investors and credit rating agencies and most of all the Greek society, continue the planning and implementation of policies towards overcoming today’s difficulties with the minimum social and economic consequences, to reorganize our economy and to lay the foundations for […]

E-commerce turnover tripled to 15 billion euros in 2020, survey shows

E-commerce turnover is expected to triple totaling 15 billion euros in 2020, helped by the pandemic crisis, but this growth is not equally distributed, the Institute for Small- and Medium-Sized enterprises of the Hellenic Confederation of Commerce and Entrepreneurship said in a survey released on Monday. The survey, conducted on the occasion of the Black […]

2021 state budget tabled in Parliament

The Greek economy is expected to contract by 10.5 pct this year and to grow by 4.8 pct in 2021, according to provisions included in the new state budget, which was tabled in Parliament by Finance Minister Christos Staikouras on Friday. The 2021 budget envisages that the primary deficit will reach 7.2 pct of GDP […]

The opening of the market is planned from December 1, Papathanasis says

The opening of the market is planned from December 1, initially with retail stores and restaurants, Alternate Development Minister Nikos Papathanasis said on Monday in an interview with SKAI TV, noting, however, that alternative plans are being considered. Papathanasis explained that the situation seems to be stabilising and this means that there will be a […]

FinMin Staikouras announces financial support measures during second lockdown

The Greek government on Thursday announced a 3.3-billion-euros package of additional support measures for enterprises and workers hit by the introduction of a second round of a lockdown in the country beginning Saturday.  These measures include a one-off financial support of 800 euros for workers put in suspension during November, expanding a fourth round of […]