GREEK NEWS

TAP to spend 1 mln euro to support postgraduate energy studies

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Trans Adriatic Pipeline (TAP) AG on Friday announced a one-million-euro initiative for funding Master’s degree programmes in the energy sector, offered by the University and the Technological Educational Institute (TEI) of Western Macedonia – the Prefecture’s two tertiary education institutions.

The investment is implemented in the context of the...

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Hellenic Statistical Authority: Vacant job positions down 3.6 pct in Q2

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Vacant job positions in the Greek economy – excluding the primary sector and households – fell 3.6 pct in the second quarter of 2017, compared with the corresponding period in 2016 to 14,630 from 15,178 last year, Hellenic Statistical Authority said on Friday.

The statistics service, in a quarterly report, said vacant job positions were down 10.7...

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Building materials’ prices up 0.2 pct in August

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Building materials’ prices grew 0.2 pct in August, reflecting a price increase in diesel oil, Hellenic Statistical Authority said on Friday.

The statistics service, in a monthly report, attributed this development to a 14.3 pct rise in diesel oil, a 12.1 pct increase in steel pipes, a 2.1 pct rise in cement, an 1.7 pct rise in switches, while on...

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Greek manufacturing industry focuses on exports activity for growth

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Greece’s manufacturers reduced their presence in the domestic market in efforts to boost export activity, turning to foreign markets to sell their products at better prices and on better payment terms, according to a survey released on Friday by the Athens Chamber of Commerce and Industry (ACCI) and the Panhellenic Exporters’ Association.

The...

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Katrougalos: IMF always made it hard to conclude programme reviews

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A key feature of the third review is that the International Monetary Fund (IMF) must decide if it wants to remain in the Greek programme, Alternate Foreign Minister for European Affairs George Katrougalos said on Friday, in an interview with the Athens-Macedonian News Agency’s radio station Praktoreio 104.9 FM.

Asked about the progress of...

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Achtsioglou: ‘Our aim is to make the production model sustainable’

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Strengthening employment, reducing unemployment, creating quality job positions and structures and mechanisms of social protection and enhancing a social state, are the policy goals of the labour ministry, Labour Minister Efi Achtsioglou said on Thursday.

Addressing a Regional Forum on the Reconstruction of Production in Heraklion, Crete,...

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Hellas Gold to continue operating its gold mines in Halkidiki

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Hellas Gold will continue operating its gold mines in Halkidiki after the company on Thursday announced a temporary postponement of a work suspension decision due to go into effect from Friday, 22 September.

The decision came after a meeting between miners with the secretary-general of the environment and energy ministry Michalis Verroiopoulos and...

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European Central Bank lowers ELA borrowing ceiling for Greek banks

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The Governing Council of European Central Bank, in a meeting on Wednesday, did not object to an ELA-ceiling for Greek banks of 33.6 billion euros, up to and including Wednesday, 4 October 2017, following a request by the Bank of Greece.

The Greek central bank, in an announcement released on Thursday, said that the reduction of 0.3 billion euros in...

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