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Monthly Archives: July 2023

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Bond brings in 3.5 bln euros

Latest Greek newsBy July 12, 2023Leave a comment

Greece’s first post-election market foray was crowned with success on Tuesday, with the issuance of the new 15-year bond garnering strong demand from investors.

Hercules program is heading for expansion

Latest Greek newsBy July 12, 2023Leave a comment

The issues of the Hellenic Financial Stability Fund’s divestment from Greek banks and the expansion of the Hercules program were at the center of the meeting held this week by Minister of National Economy Kostis Hatzidakis with the Hellenic Bank Association.

Stournaras: Greek credit system healthy, credible

Latest Greek newsBy July 12, 2023Leave a comment

The Greek banking system is healthy and has credibility but needs to be alert as challenges to financial stability remain high, Bank of Greece Governor Yannis Stournaras said on Tuesday.

Personal use of fuel from occupied north of Cyprus

Latest Greek newsBy July 12, 2023Leave a comment

Fuel is permitted to be transported across the Green Line in Cyprus under certain conditions, the European Commission’s competent representative said at a press briefing.

Future of Wagner leader’s business empire is cloudy after rebellion

Latest Greek newsBy July 12, 2023Leave a comment

A chocolate museum in St. Petersburg. A gold mine in the Central African Republic. Oil and gas ventures off the Syrian coast. The economic ventures of Yevgeny Prigozhin, a former hot dog seller turned Wagner group warlord who staged a brief mutiny against Russia’s military last month, stretch far beyond the thousands of mercenaries he…

About inflation and interest rates

Latest Greek newsBy July 11, 2023Leave a comment

At the level of the global economy, focusing on the US, the dominant question is whether we are going to see lower interest rates in the current year.

One of the world’s biggest container ships docks in Piraeus

Latest Greek newsBy July 11, 2023Leave a comment

One of the largest container ships in the world, and one of the two largest that have so far docked in Piraeus, was welcomed on its maiden voyage by the Piraeus Container Terminal (PCT).

Major business groups seek berths in marina market

Latest Greek newsBy July 11, 2023Leave a comment

The concession process for some of the country’s marinas is speeding up.

Double strike against debt

Latest Greek newsBy July 11, 2023Leave a comment

The Public Debt Management Agency is launching a two-pronged attack on Greece’s national debt.

Property price hikes over 30%

Latest Greek newsBy July 11, 2023Leave a comment

The Athens residential market witnessed price hikes of more than 30% year-on-year during the second quarter of 2023, an example of the excesses typically recorded during periods of upward trend in values.

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