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China shows strong interest in Greek products

China shows strong interest in Greek products

“In order to increase Greece’s exports of products and services to 50 pct of GDP by 2025, from just over 30 pct today, we need large and growing markets such as China,” secretary general of the Ministry of Economy and Development, Ilias Xanthakos, said in a statement to the Athens-Macedonian News Agency (ANA).

Xanthakos

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First Greek-Serbian Tourism Forum in Thessaloniki

First Greek-Serbian Tourism Forum in Thessaloniki

The First Greek-Serbian Tourism Forum to strengthen tourism flow between the two countries throughout the year and develop specialty tourism was held in Thessaloniki on Friday.

A total of 97 tourist agencies and organizations attended from Serbia and 135 from Greece, including Chambers of Commerce and representatives of

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Greek industrial production up 2.0 pct in September

Greek industrial production up 2.0 pct in September

Greek industrial production rose 2.0 pct in September, with manufacturing production rising 1.3 pct in the month, compared with the same month in 2017, Hellenic Statistical Authority said.

The statistics service, in a monthly report, said the industrial production general index rose 2.0 pct in September, after a 4.1 pct

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Car registrations up 24.7 pct in October

Car registrations up 24.7 pct in October

Greek car registrations rose 19.2 pct in October for a 24.7 pct increase in the first 10 months of 2018, Hellenic Statistical Authority said in a report released on Friday.

The statistics service said that car registrations (new or used) totaled 15,187 in October from 12,737 in the same month last year, with new car

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Greek inflation rose to 1.8 pct in October

Greek inflation rose to 1.8 pct in October

The Greek annual inflation rate rose to 1.8 pct in October from 1.1 pct in September and 0.7 pct in October 2017, Hellenic Statistical Authority said on Friday.

The statistics service, in a monthly report, attributed this development largely to big increases in fuel and telephone services. More specifically, the 1.8 pct

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IMF forecasts for Greek economy better than Commission

IMF forecasts for Greek economy better than Commission

The International Monetary Fund (IMF) made more positive forecasts regarding the Greek economy’s prospects than the European Commission, in its Regional Economic Outlook for Europe report.
The IMF revises its forecasts upward, predicting growth rates of 2.4 pct for Greece in 2019 and 2.2 pct in 2020 – as opposed to a f

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Sources: Solution on pensions will be found

Sources: Solution on pensions will be found

European Commision sources expressed optimism on Tuesday that a solution will be found on the issue of Greek pensions that will combine everything that has been agreed with measures to support those in need, while adding that this solution will be in compliance with the 2019 budget.

Ahead of the Eurogroup on November 19, two days before the 2019

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Greek Energy Exchange to begin operations in June 2019

Greek Energy Exchange to begin operations in June 2019

A Greek Energy Exchange will begin operations in June 2019, implementing a Target Model adopted by the European Commission for the single energy market, Environment and Energy Minister George Stathakis said on Tuesday, addressing the 8th Capital+Vision conference organised by the Hellenic-German Chamber in cooperation

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Greek wine production down 10.48 pct in 2018

Greek wine production down 10.48 pct in 2018

Greek wine production is forecast to be 10.48 pct lower in 2018 compared with the previous year, the Department of Wine, Vine and Alcohol said in a report sent to the European Commission on Tuesday.

The report said that Greek wine production was down 20.88 pct compared with the five-year average. The volume of

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Dragasakis: Exit from programme an opportunity to plan the future on a more stable basis

Dragasakis: Exit from programme an opportunity to plan the future on a more stable basis

Greece’s exit from the programme and surveillance coincides with a growing uncertainty and tension in many parts of the world. That is why the exit from the programme offers an opportunity to everyone, both the government and society, to plan the future on a more stable basis, government Vice President and Minister of

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Self-employed, farmers to pay lower contributions towards pensions as of Jan. 1

Self-employed, farmers to pay lower contributions towards pensions as of Jan. 1

Contributions by freelance workers, the self-employed and farmers towards their pension will drop from 20% to 13.3% once a new law is voted, Labor Minister Efi Achtsioglou told News 24/7 radio station on Tuesday.

The draft law for the reductions, which will include other professions as well, will be tabled within the

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PPC to begin charging clients for paper bills as of Dec. 1

PPC to begin charging clients for paper bills as of Dec. 1

The Public Power Corporation (PPC) will charge customers one euro per electricity bill as of December 1 to defray costs of printing and mailing its bills, it said on Tuesday, calling its clients to sign up for e-billing.

If clients sign up for e-billing by December 31 and still get charged a euro, this will be

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Minister Stathakis meets with Egypt’s petrol minister

Minister Stathakis meets with Egypt’s petrol minister

Energy and Environment Minister George Stathakis met on Monday with Egypt’s Minister of Petroleum Tarek el-Molla in Athens where they discussed the issue of hydrocarbons in the eastern Mediterranean. The two ministers exchanged their views on deepening and improving ties between the two nations and with other countries

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Athens Innovation Festival at Zappeion from 12 to 14 Nov.

Athens Innovation Festival at Zappeion from 12 to 14 Nov.

The Athens Innovation Festival (AIF), the festival for innovation and enterpreneurship, is to be held for second consecutive year at the Zappeion Hall in Athens from 12 to 14 November, under the auspices of President of Republic Prokopios Pavlopoulos.

This year’s festival is inspired by the Classic Marathon of Athens, a

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Greek economy is recovering, Arab businessmen say

Greek economy is recovering, Arab businessmen say

The Greek economy is recovering and economic indexes are improving, Raouf Abou Zaki, CEO in Al-Iktissad Wal-Aamal said on Monday. Addressing a 3rd Euro-Arab Summit in Athens, Abou Zaki expressed his hope for a further improvement and committed for the continuation of efforts towards improving relations between Europe

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