Search
-
Economic sentiment down 0.7 pts in June, consumer confidence also falls
EconomyMacroeconomyand posted high volatility in the succeeding months until June 2012. Since then, it had risen by more than 26 points until June 2014 and since then it follows a downward trajectory. Consumer confidence also... volatile, trajectory until August 2013. Since then, it had posted a considerable improvement by 46 points
4% -
Tsipras holds off on reshuffle, suggests no way back for rebels
PoliticsGreek Politicsto his cabinet until next week, when a second set of measures demanded by lenders are due to be voted... of a minority government until an agreement with lenders has been reached on a third bailout. Negotiations.... It is expected that if he waits until next week, there will be substantial changes to the current
4% -
Bank holiday to end but capital controls remain and some transactions forbidden
Economyremain restricted or forbidden until the foreseeable future. The new legislative decree introduces... week). Until now, if a depositor did not withdraw the 60 euros in one or more days, this amount could... rates are effective as of July 20. Moreover, the hotel VAT rate is set at 6 percent until September
4% -
Economic sentiment fell to 81.3 in July for the sharpest historical monthly drop
EconomyMacroeconomyago. The ESI fell to a historic low of 74.8 in March 2009 and displayed high volatility until June 2012. Since then, it had posted a considerable improvement by more than 26 points until June 2014... 2011 and displayed a slightly upward, yet volatile, movement until August 2013. Since then, consumer
4% -
Omnibus bill goes to Parliament as Greece seeks to unlock 2 bln sub-tranche
EconomyProgramme. The ballot may be delayed until October 17, instead of the initially scheduled October 15, according... retirement age limits gradually increase as of August 19 until January 1, 2022. 2) The minimum pension... years. Until then, these pensioners will receive only the part of theirs pension that corresponds
4% -
Budget execution slips in Sept as 3.08 bln primary surplus turns to underperformance
EconomyMacroeconomy, the year to date outperformance of 535 million euros until August turned to an underperformance... government decided ENFIA to be paid as of October in five instalments until February. In addition... to be met. Until now, the only month with revenues above the 5-billion mark was July, when revenue
4% -
Business indicators rise for second successive month in October
Economyin the 3-year period until Jun 2012, ESI considerably increased by more than 26 points until June 2014, when it peaked to 104.2. Since then, ESI followed a downward trend until August when it posted... in February 2015. Since then, it posted a cumulative nosedive of 34.2 points until August, when it resumed
4% -
Privatisations in Greece: A win-win that's difficult to achieve
Agorafor an additional 20 years, that is until 11 June 2046. HRADF to HCAP According to various media reports... superfund. As it will take time until the new agency is fully operational, we should expect... – will first proceed with the conclusion of an agreement to extend the concession by 20 years until
4% -
Tsipras freshens up cabinet, looking for balance with party and lenders
PoliticsGreek Politicswith the judiciary. He was replaced by Stavros Kontonis, a lawyer who had been sports minister until now... addition at the Economy Ministry is Stergios Pitsiorlas, who until now headed Hellenic Republic Asset... headed the minister’s office until now. Achtsioglou will have a key role in the upcoming talks
4% -
Lenders to put onus on Tsipras with offer to wrap up review
PoliticsGreek Politicshas proposed. Although the Greek government insisted until recently that it would not legislate any... to vote for measures he insisted until recently would not be needed. The detailing of medium-term... his prize. If, for instance, any meaningful discussion is put off until after the German elections
4%