Greek FinMin Says Digital Work Card Tackling Undeclared Work
Greece's recently launched digital work card aimed at tackling undeclared labor has already started to produce results, said Economy and Finance Minister Kostis Hatzidakis
Greece's recently launched digital work card aimed at tackling undeclared labor has already started to produce results, said Economy and Finance Minister Kostis Hatzidakis
The Economist Intelligence Unit measures the attractiveness of the business environment in 82 countries based on 91 variables in 11 different categories.
"We are determined to continue, more or less, in the same way, proceeding with all necessary structural reforms, sending the message that this country is investment-friendly," Mr. Hatzidakis said
The Hellenic Financial Stability Fund (HFSF) announced on Thursday that it has concluded the sale of all the shares it held in Piraeus Financial Holdings
The increase of the minimum wage will be announced at the end of March in order to be applied from April 1, 2024
The Japanese Rating and Investment Information (R&I) rating agency was the first to give Greece an investment grade
The successful completion of a 10-year syndicated bond issue is a success of all Greeks and a reward of the government's economic policy
According to the minister, "the country is in the midst of two parallel and interconnected digital transformations: the Digital Transformation of the Government and the Digital Transformation of the Economy," Hatzidakis noted stressing the important role of the European resources, both from the NSRF and from the Recovery and Resilience Facility, which in total amount to approximately 3.4 billion euros.
Economy and Finance Minister Kostis Hatzidakis urged more investors from the USA to invest in Greece, in his speech on Monday at the 25th Invest in Greece forum organised by Capital Link in New York.
The Economic & Financial Affairs Council (ECOFIN) of EU finance ministers on Friday adopted implementing decisions approving the amended Recovery & Resilience plans of Greece and another 12 countries
Fitch is the third out of the four ECB-approved ratings agencies to grant our country the investment grade status in the last months. It is a move that confirms the progress the Greek economy has made and the even brighter prospects ahead, resulting from the implementation of our policies.
Support of €200 to 225,000 recipients of disability benefits from EFKA and OPEKA, €150 to pensioners without personal difference and a one-off increase for the child benefit.
Mandatory POS in taxis, kiosks, cinemas. The VAT "hole" is at 3.2 billion euros
21 million new ordinary registered shares of the bank were issued (including 500,027 new ordinary registered shares, which were issued in a parallel offering to a limited circle of persons).
The budget envisages a growth rate of 3%, a harmonised inflation rate of 2,4%, a 12.1% increase in investments, an unemployment rate of 10.6% and a primary surplus of 2.1% of GDP.
"The combination of the right economic policy mix and political stability opens a new window for the economy," Hatzidakis added.
They flew by helicopter over areas affected by the recent storm 'Daniel' before visiting the cities or Karditsa and Larissa
DBRS (DBRS Morningstar) also upgraded Greece's short-term foreign and local currency issuer ratings from R-3 to R-2 (middle), with a stable outlook. It is the first of four rating agencies recognized by the European Central Bank to raise Greece's rating to investment grade after 13 years.
Hatzidakis was inaugurating the Bulgarian booth in the presence of three ministers from the Republic of Bulgaria: Bogdan Bogdanov (Economy and Industry), Assen Vassilev (Finance), and Zaritsa Dinkova (Tourism). Bulgaria, this year's honored country, has been participating in the fair since its start in 1926.