Economy of Greece

Greece lags in EU for internet speed

Greece lags in the EU in terms of internet speed, despite the significant investments that have been made in recent years, according to Eurostat data for 2023.

The country comes last (with only 2.9%) In terms of the ranking of countries with the highest percentage of enterprises with "fast" connections, according to Eurostat data for 2023.

ATHEX: Banks index hits 6.5-year record high

Stocks at Athinon Avenue recorded yet another day of growth on Tuesday, with the benchmark rising for the fourth session in a row to reach a new five-month high. However, the banks index recorded an even more memorable feat, as it climbed to highs unseen in six-and-a-half years, boosted by successive reports pointing to upcoming profits and credit expansion.

Three goals in public debt management

Reducing the ratio of debt-to-gross domestic product at the fastest rate in Europe, achieving higher positions in the rating agencies' scales and further reducing the cost of servicing the country's borrowing, are the three main objectives set by the financial staff for the crucial issue of managing the Greek debt.

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