Eurobank report sees balanced current accounts by 2015
A Eurobank report forecast on Monday that the Greek economy will reach a balance of trade between exports and imports in 2015, from a 15 percent deficit (or 34.8 billion euros) in 2008.
This year the deficit is projected to drop to 5 percent thanks to the decline in imports and the increase in exports.
The current account balance is used as a key index for economies’ competitiveness.
It appeared on Wednesday that the fate of a contentious anti-racism bill will have to be determined by the leaders of the three parties in the fragile coalition after the government’s genera...
The European Union's leaders took a major step in tackling tax-dodgers Wednesday by pushing to end bank secrecy across the bloc's 27 members by the end of the year.
German Chancellor Angela ...
PAOK recovered some of the ground lost in the Super League playoffs by beating fellow Champions League-spot contender Asteras 2-1 at Tripoli on Wednesday, while PAS Giannina and Atromitos sh...
The league that in the last three years has produced the European basketball champion entered its playoffs on Tuesday and Wednesday with the first games of the quarterfinal round, with AGO R...
One of the biggest problems dragging the Greek economy down is the pressure placed on entrepreneurs aspiring to do business in sectors dominated by the “pirates” and “pimps” of the business ...
Greek taxpayers have had to pay dozens of millions of euros for the restoration and conservation of the capital’s landmark buildings, including Athens Polytechnic and the so-called neoclassi...