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Early rounds of talks with lenders focus on possible prior actions
EconomyProgrammefor the concession of ten regional airports to a consortium led by Fraport AG. 13) Market... including Sundays. 14) Restructuring of Athens public transport (OASA). 15) Change in the legislation
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Omnibus bill goes to Parliament as Greece seeks to unlock 2 bln sub-tranche
EconomyProgrammebill includes articles on the facilitation of the gas market’s liberalisation, changes in road haulage... privatisation and restructuring of the Athens public transport organization (OASA). A second list of prior
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Eight years later: Is Croatia finally truly ready for Europe?
Agorathe documents that were seized during the war from the Vukovar hospital, from where a large number of Croatian... that was more shocking than that was to hear Vukovar Mayor Ivan Penava – who should know best what incitement to hatred brings, since he holds high office in Vukovar – calling the terrorist attack
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Greece's golden visa scheme brings revenues, but risks as well
EconomyFeatures3,644 Russia 429 990 Turkey 308 811 Egypt 109 265 Lebanon 109 310 Iraq 84 320 Ukraine 83 181 Syria... into the property market to date. The average property purchase linked to the scheme was valued.... The revival of the property market has so far been welcomed in Greece, where house values plummeted by over
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Labour market developments in Greece during Covid-19
Agorain the domestic labour market called the “Labour Force Survey.” The issue from February 11, 2021 presents... attention to labour market developments and to use sound policies to keep unemployment as low.... But the country needs further structural and labour market reforms, e.g., in areas
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Greece's primary surplus: Much ado about nothing?
Agorathe key adjustments were - or should have been - known to market participants, there was a large... light on the numbers involved, here are some key points most market participants missed and which... percent of GDP) excl banks’ support cost under ESA95 rules. This was trimmed to 812 million (0.4 percent
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What is driving the Greek housing market's recovery?
EconomyFeaturesmarket in 2008. During the crisis which ensued, homes lost more than 40 percent of their value over a period of ten years. The rebound in the six years from the bottom of the market in Q3 2017 has been... in 2014. The latest assessment of the property market in the Bank of Greece’s financial stability
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Back from the brink: What next for Greece's property market?
EconomyFeaturesand brutal collapse as the crisis hit, to today’s market which is steeped in rumour and speculation... of the market’s recovery were pinned. The enablers of property ownership, Greece’s banks, shrank back..., and a stagnant building market. In the country’s favour are low prices of prime property, relative levels
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NOME auctions: amendments to legal framework for electricity market liberalisation
Legalto the Greek Day Ahead Market of the electricity quantities acquired in the Forward Products Auctions... to the market, the administratively defined cap is set for 30 percent for 2018. It is worth noting... the 30 percent requirement, since they are new entrants to the market. As result, new entrants who
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Credit contraction slightly accelerates to 1 pct in May on deductions of 395 mln
EconomyMacroeconomyThe pace of credit contraction in the Greek market slightly accelerated to 1 percent in May from... to 159 million in May, extending the five-month figure to 812 million. The balance decreased to 60.45... in the Greek banking market. The loan balance has dropped by 25.4 percent amid continued deleveraging, with net
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