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Spotlight from Greece

Bulgaria to build new power line linking Maritsa East substation with Greece
13 Mar 2018
Bulgaria's regional development ministry said on Monday it has approved a plan for the construction of the Bulgarian section of a new overhead transmission line linking Maritsa East substation, in the country's southwest, with the Nea Santa substation in Greece.
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Greek Unemployment Fell to 20.8 pct in December
09 Mar 2018
The Greek unemployment rate fell to 20.8 pct of the workforce in December, from 23.4 pct in December 2016 and 21 pct in November 2017, Hellenic Statistical Authority said on Thursday.
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No Credit Line or Further Measures will be Needed, ESM's Regling Says
08 Mar 2018
A precautionary credit line is not necessary, European Stability Mechanism (ESM) chief Klaus Regling said on Wednesday in an interview with Skai TV adding that no additional fiscal measures will be needed after Greece completes its adjustment program.
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Eurogroup Chief to ANA: 'I See Enormous Potential in Greece'
07 Mar 2018
Greece has gone through a very long period of economic adjustment and is now preparing to stand on its own feet as the program is approaching its expiration in August, Eurogroup President Mario Centeno told the Athens-Macedonian News Agency (ANA) in an interview on Tuesday, noting he sees "enormous potential" in the country.
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Greek GDP Grew 1.4 Pct in 2017, ELSTAT Says
06 Mar 2018
The Greek economy grew by 1.4 pct in 2017, totaling 187.1 billion euro, from 184.6 billion in 2016, the independent Hellenic Statistical Authority (ELSTAT) said on Monday.
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Talks between Greece and Mission Chiefs were Constructive, Says Institutions Representative
02 Mar 2018
Talks between the Greek government and the institutions were constructive and the government has pledged to take the necessary steps to complete the fourth program review in time, a representative of the institutions said on Thursday, at the end of the first phase of the negotiations.
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Dragasakis Appointed as New Economy Minister in Mini Cabinet Reshuffle
01 Mar 2018
Prime Minister Alexis Tsipras on Wednesday carried out a mini cabinet reshuffle following the resignations of Dimitris Papadimitriou and Rania Antonopoulou, with just six ministers either joining the government or changing their portfolio.
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Moody's Upgrades Greek Banks
28 Feb 2018
Moody's Investors Service upgraded on Tuesday the long-term deposit ratings of Piraeus Bank and the National Bank of Greece. to "Caa2" from "Caa3", and affirmed Alpha Bank, Eurobank Ergasias and Attica Bank long-term deposit ratings at "Caa3".
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Greek Budget Showed Primary Surplus of 1.852 Billion Euro in January
27 Feb 2018
The Greek budget showed a surplus of 1.577 billion euro in January, up from a budget target for a surplus of 503 million euro and a surplus of 839 million euro in January last year.
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Alt. Economy Min Charitsis: Greece on the Radar of Foreign Investors
26 Feb 2018
The funding of the Development Bank has been secured as besides the Hellenic Fund for Entrepreneurship and Development and other funds that will be integrated into the new organisation, the respective banks of France, United Kingdom, Germany and Brazil's will also contribute, stated Alternate Economy Minister Alexis Charitsis in an interview with the Sunday newspaper kontranews.
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