ECONOMY

Finance Ministry prices SYRIZA program at €40 bln
ECONOMY

The recent economic proposals announced by main opposition SYRIZA-Progressive Alliance and its leader Stefanos Kasselakis would come at “a huge economic cost” and are “entirely uncosted and without planning, or even checked for compatibility with European laws,” according to a joint announcement released by Deputy National Economy and Finance Ministers Harry Theoharis and Thanos Petralias on Friday.


Cypriot inflation up 2.1% y-o-y in February
ECONOMY

The Harmonized Index of Consumer Prices (HICP) in Cyprus rose by 2.1% between February 2023 and February 2024, according to data published by the Statistical Service of Cyprus (CyStat) on Friday. 

Greek FinMin stresses importance of Capital Markets Union
ECONOMY

During his participation in the Eurogroup and ECOFIN meetings in Brussels on Monday and Tuesday, National Economy and Finance Minister Kostis Hatzidakis emphasized that economic development and social cohesion are complementary goals.


E-invoicing is on the way
ECONOMY

The government and the tax administration (AADE) are in talks with the European Commission about the implementation of electronic invoicing by businesses.

IOBE calls for measures to stem demographic trend
EMPLOYMENT

Demographics is a matter of “major importance” for Greece due to the serious challenges it causes both in terms of economic development and social stability, according to the Foundation for Economic and Industrial Research


Tackling high card charges
E-PAYMENT

The high fees for card transactions whether through POS or e-commerce are an international problem that has mobilized the relevant regulatory authorities.

Obama’s foreign policy and the Greek debt crisis
SOCIETY

President Barack Obama’s critical role in helping Greece stay in the eurozone follows in the post-WWII tradition of American engagement in the European project for geopolitical reasons, even though it was initially driven by financial concerns, argues Katerina Sokou, ELIAMEP and Atlantic Council non-resident research fellow in a research paper just published.




Attica Bank reports efficiency, profitability
ECONOMY

The year of 2023 was a landmark for Attica Bank, marking the lender’s consolidation, recovery and return to operating profitability after a long glut, according to a statement issued by the bank on Thursday.