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Greek debt

Eurogroup Will Release Next €767 Million Euro Tranche for Greece

2021-12-08 by Phil Butler

Paschal Donohoe

On Monday, Eurogroup approved the release of 767 million euros in financial help for the debt handcuffed country.

Tags: Brussels, EU, Eurogroup, European Commision, Greece debt, Greek debt, IMF, Paschal Donohoe

Greek Finance Minister Beckons Foreign Investors to Come to Greece

2020-09-18 by Phil Butler

Χρήστος Σταϊκούρας / Christos Staikouras

Greek Finance Minister Christos Staikouras is inviting foreign investors to invest in Greece. But some fear outsiders already own too much of the country.

Tags: Christos Staikouras, ESM, European Stability Mechanism, Greek debt, Jörg Kukies, Klaus Regling, Lufthansa, TUI

Greek Officials Announce €10 Billion in COVID-19 Support

2020-09-07 by Argophilia Travel News

Χρήστος Σταϊκούρας / Christos Staikouras

Greece’s government has announced plans for a new €10 billion euro package of measures to cushion the blow from the coronavirus (Covid-19) pandemic.

Tags: Christos Staikouras, coronavirus pandemic, Gefyra, Greek debt, Greek SMEs, loan guarantees, loans, pandemic response, Syn-Ergasia, TEPIX II

COVID-19: EU Approves €2bn Greek Business Support Measures

2020-04-05 by Phil Butler

Margrethe Vestager

The European Commission has approved a €2 billion-euro aid package to help Greece weather the economic effects of the coronavirus (COVID-19).

Tags: Coronavirus, coronavirus pandemic, COVID-19, COVID-19 economics, EU, Greece economy, Greek debt, IMF, Kristalina Georgieva, Margrethe Vestager, world economy

Covid-19: Greece Tourism Sector to Receive Financial Support

2020-03-19 by Phil Butler

Christos Staikouras

Greek Finance Minister Christos Staikouras has announced new measures to support Greece tourism in the wake of the impacts of COVID-19.

Tags: Christos Staikouras, COVID-19, COVID-19 response, ECB, Greece, Greece tourism, Greek debt, tourism industry

Fraport “Takes” Big Profit from Greek Airport Privatizations

2019-06-19 by Phil Butler

Greek debt from unerneath

Earlier this month Fraport Group reported the payout of the highest-ever dividend in its history for 2018. The news carried the fact that the Fraport profits rode in on the back of Greeks and the 14 regional airports they operate by concession. But the larger question looms, “Is this good news for Greeks?” Also in […]

Tags: Deutsche Bank, Deutsche Lufthansa AG, Fraport AG, Greece bailout, Greek debt, Lazard Asset Management LLC., PostBank, Stefan Schulte

Greek Commerce Body Says Tourism Doesn’t Boost Retail

2018-08-23 by Argophilia Travel News

25th August Street

Despite the expansion of the Greek tourism sector, the growing inflow of tourists has failed to stimulate trade, according to findings released by the Hellenic Confederation of Commerce and Entrepreneurship (ESEE).

Tags: ESEE, Greece, Greece economy, Greece travel, Greek commerce, Greek debt, Greek tourism, Greek travel, INEMY, tourism, tourism revenue

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Crete’s Olive Oil Season Ends with Heavy Losses in the East

2026-02-07 By Victoria Udrea

Crete’s olive oil harvest fell sharply this year, with eastern regions seeing losses up to 80%, while western Crete recorded better results.

Crete migration

Local Authorities Respond to New Arrivals in Southern Crete

2026-02-07 By Manuel Santos

Small boats with migrants continue to arrive on Crete’s southern coast amid favorable weather, with local authorities managing arrivals without impact on tourism.

Crete tourism season

Crete Tourism Season Starts Early as Hotels and Flights Ramp Up

2026-02-06 By Iorgos Pappas

Crete enters the new tourism season from early April, with hotels reopening sooner, strong bookings, expanded UK flights, and hiring in full swing.

Chania market reopening 2026

Old Chania Market Now Scheduled to Open in Summer 2026

2026-02-06 By Arthur Butler

After years of delays, Chania’s historic Municipal Market is now expected to reopen in summer 2026, following extended restoration works.

Crete environmental zoning

Welcome to Crete, Now Please Do Not Touch Anything

2026-02-06 By Iorgos Pappas

Environmental zoning maps in Crete are becoming unreadable. Forester Giannis Fotakis warns Chania risks turning uninvestable amid growing restrictions.

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