Tuesday , October 17 2017
Home / 2017 / August

Monthly Archives: August 2017

Greece’ economy ministry to launch funding programs for SMEs in Tourism

In the upcoming period, the Greek economy ministry will launch ten EU funding programs totalling 600 million euros for the support of new business ventures or the upgrade of existing enterprises. The funding – within the “Competitiveness, Entrepreneurship and Innovation” (EPAnEK) Operational Program – are mainly aimed at small and medium-sized (SMEs) …

Read More »

Greece’s shadow economy is 21.5% of GDP, says German IAW

Some countries have much larger shadow or unofficial economies than others. Greece’s shadow economy is worth over a fifth of its total output, and Italy’s isn’t far behind, says a research by German IAW. However, the chart refers only to selected industrialized countries. And Germany is not doing much better… …

Read More »

Debt cut for Greece not on the agenda for now, says Schaeuble

Greece must press ahead with implementing its reforms-for-aid program and become more competitive, German Finance Minister Wolfgang Schaeuble was quoted as saying, adding that debt relief for Athens was “currently” not on the agenda. Euro zone finance ministers and the International Monetary Fund reached an agreement on Greece in June, …

Read More »