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  1. Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    public consumption fell by 1.2 percent leading total consumption up modestly by 0.5 percent. According... of the total GDP figure. Investments strongly rebounded by 6.1 percent in the 9-month period, accounting for 12 percent of GDP, while the EC foresees a slighter growth of 4 percent for the whole year. Total

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  2. Bill for out-of-court workout ready but may need tweaks

    EconomyProgramme

    in the mechanism if their total debt (tax, contributions and bank loans) exceeds the 20,000-euro mark... debt being eligible. The government sees a total of 403,000 firms being able to benefit from the out... figure is likely to be much lower. It is pointed out that out of the total tax debt of 81.38 billion

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  3. Limited arrears clearance in first two months of 2017

    EconomyMacroeconomy

    Greece cleared arrears of just 48.6 million euros in February, bringing the total figure to 68.3.... Of the total amount for February, 28.1 million relate to arrears’ clearance of the five general...’ clearance stood at 3.13 billion. As we noted, around one third (1.03 billion) of total gg arrears

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  4. HRADF declares international consortium highest bidder for 67 pct stake in Thessaloniki Port
    Photo by Giannis Papanikos/Fosphotos

    Economy

    . HRADF also said that the total value of the agreement for OLTH privatisation amounts to 1.1 billion. In addition to the financial offer, the total amount includes the mandatory investments of 180.... According to the 2017 budget, total privatisation proceeds are seen at 2.59 billion euros in 2017

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  5. Industrial production improves by another 8.7 percent in March

    EconomyMacroeconomy

    of the total index. Electricity production, which makes up more than one fifth of the total index, rose... of the total index. Furthermore, water supply production edged up 0.4 percent. All five main

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  6. Newsletter 120 - 26/05/2017

    Newsletters

    struggle for financing A total of 4.55 million euros in pensions were paid in December 2016... the total of 2.63 million pensioners, almost one quarter (24 percent) are over the age of 81 and 31.... This implies that there are around 394,000 pensioners (15 percent of total) who are under the age of 60

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  7. Industrial production edges up 1 pct in April after double-digit growth in previous two months
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , which retains the lion’s share (around 70 percent) of the total index. Electricity production, which makes up more than one fifth of the total index, grew by 3.7 percent. Furthermore, mining and quarrying production climbed 13.2 percent, but accounts for almost 6 percent of the total index

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  8. Greece as an energy hub: Reality or wishful thinking?
    Photo via www.tap-ag.com

    EconomyFeatures

    , France's Total and Greece's Hellenic Petroleum according to the energy ministry. Reports suggest that Exxonmobil plans to invest 5 billion euros in Greek offshore explorations, and Total another 5... efforts. Since 2007, a total of 10 different energy ministers have passed through the government. Looking

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  9. Newsletter 123 - 16/06/2017

    Newsletters

    of the total, relates to tax categories. Overall, the total stock of overdue obligations, including legacy... after increasing in the previous two quarters, while its percentage out of the total fell to 69.9

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  10. Greeks underwhelmed by deal with lenders, stressing uphill task for Tsipras
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in Efimerida ton Syntakton newspaper indicated that a total of 67 percent of Greeks view... believe it was “good” or “probably good.” A total of 14 percent is undecided. It is notable... Commission’s compliance report sets out a total of 113 prior actions that need to be completed before

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