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The key numbers behind the latest Greek proposals
EconomyProgrammeThe latest Greek government proposal sent to the institutions on Thursday evening did not put...’ proposal. A series of fiscal measures have been quantified in previous Greek proposals until June... million in 2016. This was explicitly stated in the last Greek proposal. 4) TV advertisement tax
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Most Greek businesses feel capital controls impact, 69 pct see turnover drop
EconomyEndeavor Greece, the Greek subsidiary of the global non-profit organization, has published a survey.... The survey was conducted from July 13 to 17 on a sample of 300 companies operating in the Greek market... in the next two years, while 97 percent wishes this will be the case. Greek businesses believe
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European Commission's Greek DSA sees recession ahead, debt becoming unsustainable
EconomyProgrammeslippages in the first half of the year, the agreed fiscal targets with the Greek authorities call... bill on the new bailout programme that is due to be voted on by the Greek Parliament late... of debt and gross financing needs relative to GDP create serious concerns about Greek debt sustainability
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Early gains in Greek stocks cancelled out in second half of week
EconomyAfter a rebound in the first two trading sessions of the week the Greek stock market headed south... prior actions and measures by the Greek Parliament on Friday morning. In addition, the European... percent this year and further GDP contraction by 1.3 percent in 2016, also concluding that Greek debt
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TINA politics and the Greek elections
Agora-arrangement of political chairs gives Greek voters a clear-cut binary option to make an informed choice... the Greek electorate. One is being paraded by Syriza operatives as a default option, namely... election, they may also offer something that the Greek electorate has not given up hope on entirely
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Greek stocks down 5.1 pct over week as investors remain cautious
Economyto the previous week’s losses of 3.2 percent. Over the past two months, the Greek stock market has... of August, Greek bank shares have lost more than three-quarters of their market value amid heightened..., the Finance Minister decided to further extend the deadline for the release of Greek banks Q2 results by one
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Greek stocks post weekly rise of 5.6 pct, with banks rebounding strongly
EconomyThe Greek stock market rebounded 5.6 percent this week with increased volumes after receding... of the second sub-tranche of 1 billion by November 15. Furthermore, Greek Prime Minister Alexis Tsipras said.... Since the beginning of August, when the stock market reopened after the 5-week bank holiday, Greek
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Greek stocks up by 1.3 pct this week on banks’ 12.4 pct rebound
EconomyThe Greek stock market saw only marginal movement this week except on Thursday when it rebounded... be manageable. Overall, Greek shares edged up for the second straight week but at a slower pace... investor interest and restrictions imposed on Greek investors. Corporate news Piraeus Bank released
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Growing hopes that Greek recession will be milder than expected
EconomyThe Greek government as well as local banks and economic think-tanks are hopeful that this year’s... surprise, Greek GDP rose by 0.9 percent quarter on quarter (QoQ) and 1.6 percent year on year (YoY... - that the institutions agreed with the Greek government’s estimates for a milder recession of 1.3
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Cabinet act firms up details of CoCos issuance by Greek banks
Economyunder the Greek law and granted to the Hellenic Financial Stability Fund (HFSF) and not to private... to the previous cabinet act in November 2012 for the first Greek bank recapitalization process..., though, that due to the final structure and outcome of that recapitalization, Greek banks had
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