All News on Economics in Greece

EC Puts Italy, France on Economic Watch-List, Praises Spain

Italy and France have been placed on an economic "watch-list" by the European Commission.

High debt and deficit levels are the reason for the EC's decision to put the second and third-largest Eurozone economies among 14 nations with "imbalances", according to a report published on Wednesday and cited by EUObserver.

PDMA to tap liquidity from state entities’ cash reserves


By Sotiris Nikas

The Finance Ministry announced on Tuesday that it will be issuing short-term debt to cover the cash needs of the state by drawing on some 3 billion euros of cash reserves found lying unused in the coffers of various state agencies.

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