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  1. Deadline looms for troubled home protection scheme as insolvency law is lined up
    Photo by MacroPolis

    Economy

    are not yet known, and it is expected that some sort of protection will be put in place for truly... on Tuesday, these are estimated at approximately 58,000 cases. In the latest financial stability report..., the Hellenic Banking Association said that roughly 60 percent were rejected, and an estimated 30

    7%
  2. IMF revises fiscal estimates upward, sees debt ratio at 162.8 pct in 2022
    Photo by MacroPolis

    EconomyMacroeconomy

    upped its primary surplus estimate for 2016 to 3.3 percent of GDP, from 0.1 percent in its previous... Fiscal Monitor, which provided its updated fiscal estimates. Unlike the downward revision of its..., the Fund estimates a lower primary surplus of 1.5 percent of GDP from 2019 onwards. This means that IMF

    7%
  3. Greece as an energy hub: Reality or wishful thinking?
    Photo via www.tap-ag.com

    EconomyFeatures

    in the exploration of two sites off the shores of Crete has already been received from a consortium of Exxon Mobil

    7%
  4. Tsipras and Erdogan keep conversation going despite lack of specific gains
    Photo by Andrea Bonetti/Fosphotos

    PoliticsForeign Policy

    in hydrocarbon research as a response to the drilling being carried out by Exxon Mobil at the behest

    7%
  5. Milestone drilling agreement yields rare good news moment for embattled Mitsotakis
    Image: Chevron

    PoliticsGreek Politics

    Energy Minister Stavros Papastavrou hailed a historic moment for Greece’s energy security at the signing of an agreement that could see the first offshore drilling in the country’s waters in over four decades. The signing between the consortium of Exxon Mobil, Energean and Helleniq Energy, which

    7%
  6. Gov't adopts patchwork of measures to overcome liquidity problems

    EconomyProgramme

    : 310 million on March 6, 348 million on March 13 and 581 million on March 16. The last tranche... remaining 310 million relate to 90 percent of HFSF current cash reserves that until the end of 2015

    7%
  7. Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates

    EconomyMacroeconomy

    previous estimate for a GDP contraction of 0.7 percent expected in early February. In specific, EC... 2015, the Hellenic Statistical Authority (ELSTAT) flash estimates displayed on Friday. The headline... is the highest negative reading since Q4 2014. ELSTAT said flash estimates are expected to be revised upon

    7%
  8. Bank of Greece sees growth at 0.7 pct in 2014, NPLs up to 34.1 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    to take on an active role in the sectoral restructuring of the economy by channelling credit to truly... estimates the fiscal target for this year will be surpassed for the third straight year indicating

    7%
  9. IMF maintains outlook for economy, Athens readies scheme for unpaid taxes and contributions
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    that the aim of the schemes will be to help those truly in need, while excluding strategic defaulters..., reaching 1.8 percent by 2024. Unemployment estimates are also unchanged at 18.5 percent in 2019

    7%
  10. Government bets on big energy headlines while pledging discipline at the pump
    Image: Chevron

    PoliticsGreek Politics

    with foreign energy majors are truly in the national interest. The opposition has also drawn attention... pushes any potential deployment out by at least a decade on current industry estimates. Hydrocarbon

    7%