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Greek households saw net financial wealth plummet by 37.5 pct during crisis
EconomyMacroeconomyΤhe impact on Greek households’ financial wealth and liabilities during the crisis years is examined in a study included in the latest statistical bulletin published by Bank of Greece on Wednesday. The study showed that the net financial wealth of Greek households increased by 30.4 percent between
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Poverty rate jumped by over 40 pct during crisis, more than anywhere in EU
SocietyGreece saw its rate of poverty increase by more than 40 percent during the economic crisis, the highest jump in any EU state, according to a new German study that measures poverty in a “multidimensional” way, considering education, gainful employment, housing and housing environment and health
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Stocks climb 6 pct during week, propelled by 16.6 pct surge by banks
Economy12. During the last four weeks, banks stocks have soared 18.8 percent. Their performance so far
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Stocks up 3.1 pct during week to reach fresh two-year high
Economyon Friday, having recorded cumulative gains of 4 percent during June. Bank shares soared 6.2 percent
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Turnover in tourism grows by 2.8 pct during Q4 and 9 pct in 2018
EconomyMacroeconomy. On an annual basis, the average index in accommodation rose by 8.2 percent during the year, while
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Decline in car sales continues with 14 pct YoY fall during July
EconomyMacroeconomyregarding rental car fleet renewals that drove much of the car market during the recent years
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Company closures dropped sharply during the pandemic
EconomyFeatureshiring and firing during the current crisis. There were 37,345 closures of enterprises last year
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IMF still sees fiscal gap in 2018 - no action needed, for now
EconomyProgrammeDuring the regular cycle ahead of its Autumn meetings in Washington, the International Monetary... decade, when the Greek growth estimate eases to 1 percent in 2022. This year’s GDP will be boosted... the deflation years behind, with the inflation estimate at 1.2 percent this year and 1.3 percent in 2018
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Greece faces dilemma over how to address relations with Turkey
PoliticsForeign Policyand especially in the "sea zone between Turkey and Libya". This is what İbrahim Kalin, special adviser... concrete to come out of these meetings. During the last CBM talks that took place just before Greece's... intervention in Libya that does not mean it is willing to risk damaging relations with Ankara in East
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Athens on lookout as Ankara ramps up rhetoric and activity
PoliticsForeign Policywith regards to the Turkey–Libya sea memorandum by claiming that Turkey’s and Libya’s rights... in this regard,” Aksoy noted. Ankara clearly has no intention of using diplomatic rhetoric during
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