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2014 draft budget: An ambitious fiscal consolidation targeting a primary surplus of 1.6 pct
EconomyMacroeconomySupport Program launched before the Greek crisis, in exchange for bank preference shares 2) 1.22... by March 2014. These revenues mainly relate to Bank of Greece estimated dividend (480 million), previous
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Submarine deal resurfaces, threatening new political divisions
PoliticsGreek Politicsto give their approval. This means SYRIZA, which has 72 lawmakers, will need support from other... and to suggest that detractors level their criticism at members of previous administrations. This enraged
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EU Task Force sees improvements in Greece, tends to damaged ties
PoliticsGreek Politicsand to provide the sense of support that is sometimes absent in the public debate. In this respect... to 95 percent from the previous rate of 78 percent. EU funds have long played a significant role
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Unemployment rate remained unchanged at 27.3 pct in August
EconomyMacroeconomyfigures come to support the increasing views of local and international research centres... of unemployed people by 6,560 in August compared to the previous month, a rise in the number
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With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
EconomyMacroeconomyand stem from: 1) 5.23 billion issued in 2009 for bank recap, under the Liquidity Support Program... (480 million), previous years’ property taxes (180 million), a real estate property levy (180
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After Q3 results, what next for Greek banks?
Agora), this will continue to support a rebound in the NII in the next quarters. Further relief will also... to the issue price (1.54 euros) of the previous rights issue of 5.8 billion euros fully covered by HFSF
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Unemployment rate inched up again in Sept to 27.4 pct
EconomyMacroeconomyin the previous four months. These official figures come to support the increasing views of local
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Cyprus in 2014: Looking ahead
Agoraon six major issues to support the negotiator in the upcoming negotiations. The ruling system in Cyprus... is particularly severe due to the delay of taking action from the previous president, Demetris Christofias
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Unemployment hit new high of 27.8 pct in October, set to rise further
EconomyMacroeconomypeople in employment to support more than 4.7 million unemployed and inactive, an unsustainable ratio... in the month of September. After the previous months’ revisions, the October rate now holds the new
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Sales season pushes November retail volume to growth for the first time since March 2010
Economyin domestic consumption. In an effort to support struggling retail sales, the government has legislated... and footwear sector of 30 percent, while also posted a 16.4 percent increase compared to the previous
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