Greece’s largest power company PPC was upgraded a notch by S&P, as the government announced a €5-billion support package to cushion high energy prices into 2023.
An upgrade from S&P brings Greek debt just one step short of investment grade. Better-than-expected fiscal performance in the last few months provides some cushion to absorb high energy ...
September unemployment declined to 2010 levels, and the Greek government revised its official growth projection for 2021 from 6.1% to 6.9%. The draft budget sees growth boosted by double-digit increases in investment spending and ...
The Pissarides Committee delivered an ambitious blueprint for the transformation of the Greek economy in the post-Covid era. Meanwhile a resurgence of the virus is leading the government to consider ...
On the eve of reopening to tourism, the markets gave Greece a vote of confidence snapping up the latest 10-year bond issue at a record low yield.
Greece sets out plans for radical economic over overhaul, as investor sentiment improves
As Greece takes stock of rescue measures and tightens the lockdown going into Holy Week, the first hard evidence of the pandemic’s impact on the economy starts to trickle ...
The Sun Shines on Tourism
Growing infrastructure network is supporting improved growth prospects.
Investment Boom Follows Lull
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Greece 🇬🇷 is hitting the international stage as a major geopolitical actor in a new Europe. According to European Commission Vice-President Margaritis Schinas, Greece has the potential to improve Europe’s security by reducing dependency on Russian resources by continuing to
As EU countries strive to reduce their dependence on Russian gas, security of energy supply is top of mind. And, according to Maria Rita Galli, CEO of @desfa_gr – Greece’s natural gas TSO – the country is set to play a key role in strengthening regional energy security thanks
More big changes are on their way for Greece! Earlier in the week, 57 new projects worth €1.7 billion were added to the Recovery and Resilience Fund as part of Greece 2.0. These projects are broken down into the following categories: 🇬🇷Greece’s green transition: 4 projects
900,000 tourists will be visiting Greece from Serbia 🇷🇸 this summer – a 40% increase from 2021. And in an effort to continue developing this relationship, Serbia’s National Tourism Organization will open an office in Athens. Serbian tourism stakeholders indicate that travelers
Innovative hydrogen compression technology has officially arrived in Greece 🇬🇷! The country’s first Hydrogen Vehicle Refueling Station, made by CYRUS SA, makes an attempt to popularise this fuel alternative. It’s the country’s premiere integrated system for the production,
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