GREEK NEWS

BoG: Number of tourists arriving in Greece totalled 26 mln in Jan.-Sept. 2017

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Tourists visiting Greece in January-September 2017 totalled 26 million (25,914,000), the Bank of Greece said in a report for the nine months of the year released on Wednesday, showing an 8% rise over the same period in 2016.

Specifically, visitors from Germany increased by 15.0% to 2,915 thousand, as did visitors from France, by 8.8% to 1,290...

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Michalos: More incentives, reforms necessary for Greek economy’s sustainability

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Athens Chamber of Commerce and Industry (ACCI) president Constantinos Michalos expressed his optimism over the future of the Greek economy, as long as some more important reforms are implemented and incentives are offered for the support of the private sector, at a meeting with Greek President Prokopios Pavlopoulos on Wednesday.

Michalos reiterated...

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Eurostat: Greek inflation rate at 1.1 pct in December

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Year-on-year inflation in Greece remained stable to 1.1 pct in December 2017 compared with 1.1 pct in November and 0.3 pct a year earlier, according to data released by Eurostat on Wednesday.

In the euro area, annual inflation was at 1.4 pct in December compared to 1.5 pct in November and 1.1 pct a year earlier.

At an EU level, annual inflation was...

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Stournaras on verbal attacks: “The Bank of Greece has always been a target of special interests”

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Bank of Greece (BoG) Governor Yannis Stournaras said on Tuesday he is not intimidated by attacks against him, pointing out that it is his institutional obligation to issue warnings of threats to the Greek economy.

At the bank’s annual cutting of the New Year’s cake, Stournaras responded to recent verbal attacks by saying, “During its long history, t...

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Passenger traffic in Greek airports hits all-time high in 2017

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Passenger traffic in Greek airports hit an all-time record in 2017, reaching 58 million passengers, which represents an increase of 9.5 percent compared to 2016, data from the Civil Aviation Authority (CAA) showed on Tuesday.

CAA said a total of 482,410 flights were recorded in Greek airports last year, of which 192,212 were international and...

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Greek stocks ended higher in the ASE on Tuesday

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Greek stocks ended higher in the Athens Stock Exchange on Tuesday pushing the general index of the market above the 850-point level for the first time since July 20, 2017. The index rose 0.60 pct to end at 852.81 points.

The Large Cap index rose 0.57 pct and the Mid Cap index ended 0.21 pct lower. Turnover was an improved 72.117 million euros in...

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Moscovici: Success of the Greek programme a priority for the EU Commission in 2018

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Making a success of the assistance programme for Greece is a top priority for the European Commission in 2018, European Commissioner for Economic and Financial Affairs Pierre Moscovici tweeted on Tuesday, in excerpts from a press conference in Paris.

Moscovici put the Greek programme’s success first in a list of four priority issues for 2018, ahead...

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Greece first in absorption of EU funds in 2007-2013, Commissioner Cretu says

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“Greece ranked first for the absorption of EU funds in the period 2007-2013 and the absorption rate will be even better in the current 2014-2020 period,” European Commissioner for Regional Policy Corina Cretu said on Tuesday in Strasbourg, underlining “the positive impact” of measures for frontloaded financing of Greece decided in 2015, following a...

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