Features
Greece eyes first bond issue since 2014 to smooth out volatile relationship with markets
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The approval by Parliament next week of the measures agreed by the government and the lenders could be a trigger for several positive developments, including a return to international bond markets for Greece.
Since 2010, declared income has plummeted but tax due has risen
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The publication by the Independent Authority of Public Revenue (IAPR) of the annual statistical bulletins provided revealing information about the composition personal income tax and its evolution over the past few years.
PPC: The struggling electricity giant dominating bailout talks
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One of the biggest stumbling blocks in the way of t the Greek government and the institutions to clinch a staff-level agreement (SLA) is the liberalisation of the energy market, with lenders requesting the sale of 40 percent of the Public Power Corporation (PPC) units.
Multiple potential benefits await Greece if it can clinch QE eligibility
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If it manages to conclude the second review, Athens has its heart set on the inclusion of Greek government bonds (GGBs) in the European Central Bank’s quantitative easing (QE) programme, which requires the eurozone central bank to deem Greece’s debt sustainable.
Gucci and Greece’s lost photo opportunity
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Recently, the Greek authorities were approached by fashion house Gucci for permission to hold a runway event at the Parthenon. The Central Archaeological Council (KAS), which has the final say over such matters, rejected the request, saying that it was out of line with the monuments cultural character.
Disabled rights still lacking in Greece
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The Greek crisis has seen services and funds cut across the board from pensioners to preschools. But if there is one group that has been disproportionately affected, it is the disabled.
Greece’s M&A market stagnates during recession
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Mergers and acquisitions (M&As) are an important element to corporate growth but one that Greece appears to be lacking.
Greece’s downstream oil industry adapts to shifting demands
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If the average person were asked to guess what Greece’s top export is, they might say olive oil or feta. They’d be wrong. It is refined petroleum.
Greek Pharmaceuticals: The little pill with big potential
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The Greek pharmaceutical industry has remained a relatively strong sector despite the crisis - it contributes around 2.8 billion euros to GDP annually, according to the Greek government, and is one of the few industries in Greece which expanded its companies and workforce during the crisis rather than reduced it.
Greece’s embattled commercial steel market industry braced for more challenges
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China’s steel export profile was among the topics discussed at the latest G20 meeting in Hangzhou. China in recent years has emerged as a powerhouse of cheap steel production, to the detriment of the rest of the world.