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IOBE think-tank sees recession of up to 2.5 pct this year, milder in 2016
Economywould result in an incremental heavy and multiplied burden not counterbalanced by any real or hypothetical improvement. Capital controls coupled with the lack of confidence would downward adjust all
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EC sees milder Greek recession in 2015, debt ratio to climb to 200 pct in 2016
Economyand the weak credit flow will take a heavy toll on the domestic economic activity in the second half... and the imposition of capital controls in late June. Greek GDP is now expected to contract 1.4 percent
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Stocks plunge 8.8 pct over week in aftermath of UK referendum outcome
Economyof the Athens Stock Exchange opened down 15.4 percent on Friday with heavy pressure throughout the whole... that they would default if capital controls are lifted. Titan and Motor Oil trade ex-dividend
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Rating agencies concur in improved prospects for Greece
Economyimproved and with most of the heavy lifting in legislation having already taken place to secure..., the relaxation of capital controls from next month and the legislated improvements in the legal
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BoG sets out positives and next steps for economy, forecasts 2.4 pct growth in 2020
Economyservices growth. Imports will also rise, as domestic demand picks up and exports grow, due to the heavy..., which led to the capital controls being fully lifted on September 1, there is a notable increase
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Lenders confident of being well-placed to overcome global banking sector turbulence
EconomyBankinghaving paid a heavy price and taken on in excess of 40 billion euros in debt from European lenders... banks were shut and capital controls were introduced. It is beyond doubt that Greek banks are facing
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Famellos presents struggling SYRIZA’s case, pleads for unity among progressives
PoliticsGreek Politicsas evidence that the government intends to cement a low-value, import-heavy growth model that widens... to the EU minimum. Cartel controls: special taxation of excess profits in banking, energy and logistics
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Govt announces stricter measures for unvaccinated to curb autumn pandemic wave
PoliticsGreek Politicsthat the government had a duty to allow vaccinated citizens to resume their professional and social lives... to such views”. Economou argued that it is the government’s duty to ensure the return to normality for those
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Covid measures extended despite govt optimism, as inflation causes political tension
PoliticsGreek Politicsare expected to report for duty at hospitals in central and northern Greece after the government issued... duty on fuel, an intervention in the pricing policies of power utility PPC and a partial write-off
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Tsipras repeats call for elections with one eye on rising KINAL
PoliticsGreek Politicsto implement the MoU. The SYRIZA leader reiterated his party’s proposals to cut fuel duty and VAT on basic goods, rebate fuel duty for farmers, and raise the minimum wage to 800 euros. Responding
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