Economy

The European Central Bank (ECB) has confirmed it will raise interest rates in a bid to bring down soaring prices across the eurozone. The hike will be of 0.25 percentage

Greece’s annual consumer inflation jumped to its highest level in 29 years in May at 11.3% on the back of surging costs for energy, housing, transportation and foods, official data

Turkey’s lira slipped 1.1% against the dollar on Tuesday to set a record closing low as concerns over rampant inflation were stoked by President Recep Tayyip Erdogan’s pledge to continue

Greek GDP grew by 7% in the first quarter of 2022 compared to the first quarter of 2021, according to Hellenic Statistical Authority – ELSTAT data. Based on the available seasonally

Greece leads the world shipping, thanks to the first Greeks who innovated at sea thousands of years ago, but also thanks to its current businessmen, stressed in her speech during

Eurobank “sees” growth of only 1.4% for 2022, according to the adverse scenario in its study entitled “Interim Report on the Development of the Greek economy in 2022″, with average inflation reaching

“Greece will have a primary deficit this year, as spending will exceed revenue once more,” Finance Minister Christos Staikouras said on Thursday, “so voices calling for more support measures, such

Greece secured reduced interest rates for its 15- and 20-year bonds it reopened on Monday, eventually raising 400 million euros. The Public Debt Management Agency announced it drew €250 million

Inflation in the eurozone jumped to 8.1% in May, from 7.4% in April, according to preliminary data released by Eurostat on Tuesday. Analysts forecast a much smaller increase to 7.8%.

The European Commission proposes the support of 206 employees who were fired from home appliance companies in the prefecture of Attica in Greece, with 1.5 million euros from the European