Latest News from Greece

Greece is the best luxury tourism destination for 2021

Greece received another international tourist distinction in September, this time from the particularly important German market.

Specifically, our country was voted best travel destination of the year for luxury tourism at the "Inspire me Award", which was established for the first time this yearby  the prestigious German professional online magazine "LuxusInsider".

Greece plans early repayment of loans

Greece is "getting rid" of expensive debt, laying the groundwork for the early repayment of part of the bilateral loans from the first Memorandum of 2010 (2.7 billion euros per year) and the further repayment of IMF loans (1.9 billion euros). The signal was officially sent by the Minister of Finance Christos Staikouras and according to information, these moves will start in the near future.

OP-ED: Drones and Greek-Turkish defence balances

By Angelos Athanasopoulos

In mid-October, Defence Minister Nikos Dendias is scheduled to visit Washington for the signing of the revised US-Greece Mutual Defence Cooperation Agreement (MDCA).

Greece Needs More Help from EU on Migrant Issues

Greece needs more EU help on migrant issues in order to be able to stop a potential wave of Afghan asylum-seekers fleeing Taliban rule, PM Kyriakos Mitsotakis said on Sunday. "I will say it again: we cannot have European countries who believe that Greece should resolve this problem alone," he told a news conference.

The Greek government may issue the first green bond in the second half of 2022

Greece may issue its first green bond in the second half of 2022, an official from the Greek Ministry of Finance said on Monday, following the example of other European countries that have issued similar publications to finance projects with environmental benefits.

"It will have to incorporate mature projects before it is issued," the official told Reuters on condition of anonymity.

Skalkos to OT.gr – NSRF and Recovery Fund will create 300,000 new positions

For resources of about 80 billion euros from the new NSRF, the Development Fund and other financial instruments, most of the resources we had at our disposal after the war and without leverage, will be at the disposal of the Greek economy according to Dimitris Skalkos, Secretary General Investment and NSRF, who spoke at the stand of OT.gr.

Development Minister – Reasonable inflation current at 1.4%

Inflation in Greece August to August stands at 1.4%. It is not big. We are fourth in Europe. It is a reasonable inflation current. This was stressed by the Minister of Development, Adonis Georgiadis, speaking at the stand of the Financial Post at the Thessaloniki International Fair.

US Ambassador – Greece key US energy partner – What he said about Nord Stream 2

Greece is a key partner of America in building the diversification of energy sources and routes in Southeast Europe, said the US Ambassador to Greece, Geoffrey Pyatt, in an interview with the Athenian-Macedonian News Agency on the sidelines of Southeast Europe Forum, yesterday, organized in Thessaloniki by the Hellenic-American Chamber of Commerce in collaboration with the American Embassy.

Scope Ratings – Greece is one step ahead of the investment stage

"Scope Ratings" today, upgraded Greece's credit rating to "BB +", from "BB" previously, setting our country a "step" away from the investment level, commented Minister of Finance Christos Staikouras, with a post on Facebook.

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