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Greek stocks slip 0.9 pct on week
Economyof this one-off transaction, the average daily turnover dropped to 26 million this week from 31 million... a three-week period of rises with trading volumes remaining very soft. The first round of meetings... remained extremely subdued for the sixth straight week, climbing to 325 million on Friday due
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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomyaffected by the pandemic; 548 million euros of support for small and very small enterprises sent..., with the state also paying off 102 million euros for the loans of impacted borrowers. There was also
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Greece moves step closer to investment grade as Fitch ups rating by one notch to 'BB+'
EconomyFitch became on Friday the latest rating agency to place Greece one step away from investment grade... such as the very long maturities of close to 20 years and significant cash buffers of 15 pct of GDP. Financing... in Q3 2022. Fitch expects the Greek economy to grow by a very modest 0.9 pct in 2023 and up to 2.4
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Newsletter 266 -18/09/2020
the pandemic becomes the number one policy challenge from the government. His televised address came... was a reminder of the way in which Mitsotakis’s premiership can be knocked off course by non-political events, as Tsipras knows very well as a result of the Mati wildfire, and the current prime minister
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Tech start-ups click into place to fight off Greek recession
Societyof companies have also been founded during the crisis. Starting a business is one of the ways Greeks have... of almost 1.6 billion euros in subsidies applied to the scheme. Just 456 million euros was available. One... the crisis, they were mostly living off state contracts. There was also innovation in this area
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Eurogroup build-up dominated by internal friction over way forward
PoliticsGreek Politicsafter the prime minister was caught doodling a ballot box on his notepad during a debate in Parliament on Friday. State Minister Alekos Flambouraris, one of Tsipras most significant advisers, repeated... statement are extremely low. Prime Minister Alexis Tsipras chaired a meeting of his cabinet on Sunday
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Mitsotakis on offensive over Macedonia name deal after Zaev comments
PoliticsGreek Politicshas said from the start: The recognition of a supposed Macedonian language opens Pandora’s Box..., Republic of Macedonia, to North Macedonia. This is one of the government’s main lines of defence against.... “For the Greek people, this is extremely important as apart from being a geographical area of Greece
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Gennimata aims to secure centre-left leadership in run-off vote
PoliticsGreek PoliticsThe run-off vote for the centre-left leadership is due to take place on Sunday, with PASOK... on the opportunity of seeing them go head-to-head in a televised debate. One had been scheduled... Democracy’s run-off vote) but both camps are hoping that the drop will not be too dramatic. There were
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Greece's labour market is austerity's biggest casualty
Agoratime as the 20th economy in the G20 experiences a depression similar to the one Greece has gone... is full of references to jobs but no one, the government included, has presented a comprehensive... by the crisis or businesses that simply do not exist anymore. When one looks deeper into the latest
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Off the isles of Greece
Agorabut was also embraced by Greeks. One of his most famous poems, The Isles of Greece, invokes the wondrous... with Greece found themselves fighting for survival off another Greek island, Farmakonisi. Some made... years ago. Twelve migrants, nine of them children, drowned off the Dodecanese islet. The Afghans
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