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//Christos Staikouras
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Greece Repays IMF Bailout Loans, May Exit EU ‘Enhanced Surveillance’ in August

Greece completed the early repayment of bailout loans to the IMF two years ahead of schedule and could transit out of EU “enhanced surveillance” this summer.
Posted On 08 Apr 2022
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Greece Announces Relief Measures to Tackle Energy Crisis

The Greek government has announced a set of relief measures including a fuel rebate and an electricity bill subsidy for some 1.4 million qualifying households.
Posted On 17 Mar 2022
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EIB Teams Up with Greek Banks to Support Covid-hit Businesses

The European Investment Bank (EIB) Group will join forces with Greek banks to support businesses impacted by the Covid-19 pandemic, providing 6.5 billion euros in liquidity.
Posted On 15 Feb 2022
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FinMin: Greece to Repay IMF Loans Two Years Ahead of Schedule

Greece will proceed with the early repayment of bailout loans to the IMF by the end of the month., according to Finance Minister Christos Staikouras.
Posted On 14 Feb 2022
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EU Commission: Tourist Flows Lift Greece Economy in 2021

Healthier tourist flows to Greece over the summer helped the Greek economy reclaim a significant part of Covid-19-induced losses, according to the European Commission.
Posted On 10 Feb 2022
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Greek PM Announces ‘Generous’ ENFIA Property Tax Break

Greek Prime Minister Kyriakos Mitsotakis announced that the ENFIA single property tax would be slashed by 13% in an attempt to ease the burden of soaring energy prices. 
Posted On 02 Feb 2022
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Covid-19: Greece Supports Jobs, Businesses with New Measures

The Greek government has announced new measures aimed at supporting businesses and employees affected by a new round of Covid-19 restrictions.
Posted On 30 Dec 2021
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Eurogroup Approves Release of Next €767m Tranche for Greece

The Eurogroup has approved the release of 767 million euros in aid as part of Greece’s debt support program.
Posted On 07 Dec 2021
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Commission: Tourism Helping Greece Economic Recovery

Greece’s recovery is gaining traction driven in large part by the tourism sector, the European Commission said in its 12th enhanced surveillance report.
Posted On 25 Nov 2021
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Budget 2022: Tourism to Help Greece Meet Growth Goals 

Greece has set its growth target for 2022 to 4.5 percent driven by a faster recovery this year as a result of strong tourist flows.
Posted On 23 Nov 2021
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EU Raises 2021 Growth Forecast for Greece to 7.1%

The European Commission has revised its outlook for growth in Greece to 7.1 percent from its previous estimate of 4.1 percent.
Posted On 12 Nov 2021
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FinMin: Greece Sets Ambitious Targets for 2022

Greece is on track for a strong economic recovery with the government’s policy focused on achieving sustainable and equitable growth, according to Greek Finance Minister Christos Staikouras.
Posted On 22 Oct 2021
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Crete’s Gournes Project Attracts Four Bidders

A tender for the exploitation of the former US military base of Gournes on Crete, also referred to as the “mini-Ellinikon”, has attracted four bidders.
Posted On 18 Oct 2021
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Photo Source: @European Commission
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EU Commission Commends Greece for post-Covid-19 Progress

Greece is moving faster towards growth approaching pre-Covid-19 crisis levels, said European Commissioner Paolo Gentiloni during an IOBE virtual event.
Posted On 30 Sep 2021
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Commission: Greek Economy Recovering ‘Earlier Than Expected’

The European Commission praised Greece for advancing reforms as part of its post-bailout program, noting that the country’s economy was demonstrating an “earlier-than-expected recovery”.
Posted On 23 Sep 2021
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Greece Expects ‘Strong Recovery’ for Economy After GDP Jumps 16.2%

Greece’s economy took a turn for the better in the second quarter of the year, according to data released by the Hellenic Statistical Authority (ELSTAT).
Posted On 08 Sep 2021
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EU Signs First ‘Greece 2.0’ Funding Agreement

The financial aid agreement requested by Greece in the framework of its recovery plan was signed by the Greek government and the European Commission.
Posted On 26 Jul 2021
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Greece Expects €4bn of EU Recovery Aid by August

Greece expects by the end of the month to have access to approximately 4 billion euros in support from the European Union’s Recovery Fund.
Posted On 13 Jul 2021
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Greece Prepares to Deal With ‘Delta’ Variant Emergence

Greek authorities are preparing an action plan to address the possible spread of the new Covid-19 Delta variant in the country.
Posted On 25 Jun 2021
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Leros Island. Photo source: Pixabay
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Parliament Approves Permanent VAT Reduction for 5 Greek Islands

Greek parliament has approved a permanent reduction by 30 percent in VAT applicable to five Eastern Aegean islands.
Posted On 25 Jun 2021
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