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E.Tsiliopoulos

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2,282 mln euro primary surplus in May 2016, FinMin says

According to the data available for the execution of the State Budget on a modified cash basis, the State Budget balance for the period of January - May of 2016 presented a deficit of 814 million Euros, against the target of 2016 Budget of deficit of 3,880 million Euros and the deficit of 1,399 million Euros for the same period of 2015.

UK votes EU away, fears of domino effect linger

Europe appears to be shocked at the decision of UK citizens to leave the EU voting by 51.9 percent on Thursday for an exit while conservative parties across the 28-member bloc are now calling for referendums in their countries placing European unity at risk.

Bike friendly hotels the next new thing in Greece

Whether its needing a place to stay the night or a spot to keep your bicycle safe, the new Bike Friendly Hotels initiative rewards accommodation facilities in Greece, which not only offer hotel services tailored to cyclists’ needs but also actively contribute to sustainable tourism.

IMF calls for more reforms and more decisive debt relief measures

During “The Economist” conference yesterday, the IMF representative criticized once again the mix of measures of the current program as well as the lack of substantial debt relief measures, reiterating the Fund’s view that the targets of the program are unlikely to be achieved.