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Economy

ANKARA — Turkey's beleaguered currency has been plunging to all-time lows against the US dollar and the euro in recent months as President Recep Tayyip Erdogan presses ahead with a widely criticized effort to cut interest rates despite surging consumer prices.

ANKARA — Turkish President Recep Tayyip Erdogan appointed a new treasury and finance minister Thursday after the previous one stepped down as the country's currency has tumbled to record lows.

ANKARA — Turkish President Recep Tayyip Erdogan appointed a new treasury and finance minister Thursday after the previous one stepped down as the country's currency has tumbled to record lows.

ATHENS - Online sales during the Black Friday period were up compared with the rest of the year, a survey by Generation Y-International eBusiness Hub said on Thursday.

ATHENS - Online sales during the Black Friday period were up compared with the rest of the year, a survey by Generation Y-International eBusiness Hub said on Thursday.

ATHENS - The rebound of Greece’s economy even during a rising COVID-19 pandemic - with no more lockdowns of businesses - is going better than expected and growth in 2022 could surpass 4.

ATHENS - The rebound of Greece’s economy even during a rising COVID-19 pandemic - with no more lockdowns of businesses - is going better than expected and growth in 2022 could surpass 4.

LATEST

OECD: Greek Economy to Grow by 6.7% in 2021, 4.8% in 2022 and 2.9% in 2023

ATHENS - The Greek economy is expected to grow by 6,7% this year, by 4,8% in 2022 and by 2,9% in 2023, the Organisation for Economic Cooperation and Development (OECD) said on Wednesday.

ATHENS - The Greek economy is expected to grow by 6,7% this year, by 4,8% in 2022 and by 2,9% in 2023, the Organisation for Economic Cooperation and Development (OECD) said on Wednesday.

Eurostat: Greek Annual Inflation Rate Expected at 4.3% in November

ATHENS - Greek annual inflation rate is expected to rise to 4,3% in November from 2,8% in October, Eurostat said on Tuesday.

ATHENS - Greek annual inflation rate is expected to rise to 4,3% in November from 2,8% in October, Eurostat said on Tuesday.

Inflation in 19 Nations Esing Euro Hits Record High of 4.9%

LONDON — Consumer prices across the 19 countries that use the euro currency are rising at a record rate as a result of a huge spike in energy costs this year, official figures showed Tuesday.

LONDON — Consumer prices across the 19 countries that use the euro currency are rising at a record rate as a result of a huge spike in energy costs this year, official figures showed Tuesday.

Greece: Retail Sales Volume Up 10.1% in September

ATHENS - The volume of retail sales grew 10.

ATHENS - The volume of retail sales grew 10.

Greek Shippers Furious China Sets Exhibit vs. Posidonia Show

ATHENS - They are the leaders in the world shipping industry - Greece number one then China, and now the two countries are involved in a dispute after China set its annual shipping exhibition to around the same time as Greece’s major Posidonia show in June, 2020.

ATHENS - They are the leaders in the world shipping industry - Greece number one then China, and now the two countries are involved in a dispute after China set its annual shipping exhibition to around the same time as Greece’s major Posidonia show in June, 2020.

Greece Wants Higher Bids for Old US Military Base Use on Crete

ATHENS - Unhappy with offers, Greece asked two remaining investors who want to acquire an old US military base on Crete to turn into a resort and entertainment park to raise their bids.

ATHENS - Unhappy with offers, Greece asked two remaining investors who want to acquire an old US military base on Crete to turn into a resort and entertainment park to raise their bids.

Report: Energy and Health the Biggest Challenges for Greece, EU

ATHENS - The efficiency and competitiveness of health services and the productvity and competitiveness of the energy sector, the ability to ensure a smooth transition from decarbonisation, are the two main challenges facing the EU and the Greek economy as they move towards a sustainable future, the Centre of Planning and Economic Research said in a report on Friday.

ATHENS - The efficiency and competitiveness of health services and the productvity and competitiveness of the energy sector, the ability to ensure a smooth transition from decarbonisation, are the two main challenges facing the EU and the Greek economy as they move towards a sustainable future, the Centre of Planning and Economic Research said in a report on Friday.

Staikouras: Greece Will Not Impose a New Lockdown

ATHENS - Greek Finance Minister Christos Staikouras on Friday reiterated that the government will not impose a new lockdown and that the country's cash reserves were secure and sufficient to meet any possible crises.

ATHENS - Greek Finance Minister Christos Staikouras on Friday reiterated that the government will not impose a new lockdown and that the country's cash reserves were secure and sufficient to meet any possible crises.

EU Says Economic Recovery Threatened by COVID-19 Resurgence

BRUSSELS — The massive spike in COVID-19 cases in recent weeks is threatening the European Union's recovery from the deep economic slump caused by last year's onset of the pandemic, the bloc's economy chief said Wednesday.

BRUSSELS — The massive spike in COVID-19 cases in recent weeks is threatening the European Union's recovery from the deep economic slump caused by last year's onset of the pandemic, the bloc's economy chief said Wednesday.

AEGEAN Airlines Reports 115% Jump in Q3 Turnover

ATHENS - AEGEAN, a Greek airline, on Wednesday reported an 115% jump in its consolidated revenue to 333.

ATHENS - AEGEAN, a Greek airline, on Wednesday reported an 115% jump in its consolidated revenue to 333.

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