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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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EIB and HDB to Support Business Investment in Greece with €400m

The European Investment Bank (EIB) is extending 400 million euros in support to boost business financing across Greece, in efforts to stimulate innovation and create jobs.
Posted On 24 Jun 2021
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KEPE Study: Tourism Can Drive Greek Economic Growth in 2021

The tourism sector can help the Greek economy recover post-Covid-19 in 2021, according to the Center of Planning and Economic Research (KEPE).
Posted On 07 Jun 2021
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Syntagma Square, Athens
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Covid-19 Costs Greece €40bn in Support Measures in 2020-2021

The Covid-19 health crisis has cost the Greek government 40 billion euros in support measures, during the 2020-2021 period.
Posted On 04 Jun 2021
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FinMin: OECD Greece Outlook Signals Trust in Greek Economy

The findings of a new OECD report send out a message of trust in the prospects of the Greek economy, according to Greek Finance Minister Christos Staikouras.
Posted On 01 Jun 2021
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Commission Releases €2.54bn in SURE Support Funds for Greece

Greece will be receiving 2.54 billion euros to support employment from the European Commission's SURE scheme.
Posted On 27 May 2021
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Woman Washing Hands With Alcohol Gel At Reception Counter
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New Support Measures for Greece’s Seasonal Tourism Workers

The Greek government has announced five measures to support seasonal employees in tourism, licensed tourist guides, tour leaders, and tour bus staff.
Posted On 18 May 2021
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Greek FinMin Pledges €400m to Support Tourism

The Greek government plans to channel more than 400 million euros into the tourism industry to help it recover from the Covid-19 crisis.
Posted On 17 May 2021
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Greece 2.0: EIB to Help Manage €5bn of Greek Recovery Plan Investments

The European Investment Bank (EIB) has agreed to help manage up to €5 billion as part of Greece’s implementation of the National Recovery and Resilience Plan, known as “Greece 2.0”.
Posted On 12 Apr 2021
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Greek Tourism will See Extra Covid-19 Support Through NSRF Funds

Greek tourism enterprises that have been hit by the Covid-19 pandemic will see additional support through NSRF funds, the Finance Ministry has announced.
Posted On 06 Apr 2021
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Greece Announces Extra Support for Closed Businesses in April

Greek businesses that will remain closed in April by state order will receive more financial aid ranging from 1,000 to 4,000 euros.
Posted On 05 Apr 2021
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Greece Welcomes Extra €2.5bn Under Commission’s SURE Tool

The Greek government has welcomed the European Commission’s proposal for additional funding through the SURE program, to go towards jobs and incomes affected by Covid-19. 
Posted On 31 Mar 2021
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Greek ministers of finance, Christos Staikouras, and labor, Kostis Hatzidakis. Photo source: cstaikouras.gr
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Greece Announces New €1bn Covid-19 Relief to Shield Jobs

Greece announced a new 1-billion-euro round of Covid-19 support aimed at keeping impacted businesses above water and jobs in place.
Posted On 29 Mar 2021
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FinMin Expects €8bn in Greek Tourism Revenue This Year

Greek Finance Minister Christos Staikouras is expecting Greece's tourism revenue to double this year predicting it will reach 8 billion euros compared to 4 billion in 2020.
Posted On 19 Mar 2021
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