Commission: Tourism Helping Greece Economic Recovery

By admin 25 Νοεμβρίου 2021 No comment

Τhe Greek economy is recovering despite the Covid-19 pandemic but due to the high level of debt, Greece must maintain sustainable public finances, said the European Commission in its 12th enhanced surveillance report released on Wednesday. The Commission is forecasting growth in 2021 to reach 7.1 percent – fast approaching pre-pandemic economic activity levels – […]

FinMin: Greece Sets Ambitious Targets for 2022

By admin 22 Οκτωβρίου 2021 No comment

ΤΟΥΡΙΣΜΟΣ

Greek Finance Minister Christos Staikouras. Photo source: @cstaikouras Greece is aiming to exit its enhanced surveillance status in 2022, said Finance Minister Christos Staikouras this week during the 4th Athens Investment Forum. The minister said Greece was on track for a strong economic recovery and presented the government’s policy which prioritizes achieving

Commission: Greek Economy Recovering ‘Earlier Than Expected’

By admin 23 Σεπτεμβρίου 2021 No comment

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Syntagma Square, Athens. Photo © GNTO/Y Skoulas The European Commission (EC) praised Greece for advancing reforms and meeting commitments agreed to as part of its post-bailout program despite the challenging circumstances caused by the Covid-19 pandemic and noted that the economy was demonstrating an “earlier-than-expected recovery”. In its 11th enhanced surveillance

Eurogroup Releases €767m in Funding for Greece

By admin 1 Δεκεμβρίου 2020 No comment

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Athens, Syntagma square. Photo: Visit Greece / Y. Skoulas Eurogroup – an assembly of the eurozone’s finance ministers – approved this week the release of 767 million euros in support after the European Commission commended Greece for implementing reform commitments despite the unprecedented circumstances posed by the coronavirus outbreak. The new tranche of debt

Commission Commends Greece, Paves Way for €767m Tranche

By admin 19 Νοεμβρίου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

Photo Source: @European Commission The European Commission (EC) commended Greek authorities for moving ahead with reform commitments despite the extraordinary circumstances posed by the coronavirus outbreak, paving the way for the release of a new tranche of debt relief agreed to as part of Greece’s post-bailout program. “In spite of the adverse circumstances