Talks to begin on plan to rescue PPC from dire financial straits
PPC, Hellenikon present government with first test of problem solving mettle
National Bank first to test market waters in post-election afterglow
BoG report highlights economic challenges, proposes way forward
Annual report shows majority of debt in official hands on favourable terms
BoG notes economic progress, urges safeguarding of fiscal credibility
Greek business feeling the pinch from capital controls
The imposition of capital controls a month ago has taken a heavy toll on Greek companies, from the micro or small and medium-sized enterprises (SMEs) to the largest firms.
An initial study conducted by the Hellenic Confederation of Commerce and Entrepreneurship (ESEE) on the first ten days after the imposition of capital controls found total retail sales had dropped 10 percent. This reflected a nosedive of 70 percent in r...
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