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New regime on electricity producers from RES/CHP stations foresees further investments in Greek energy market
LegalIn early August 2016, Greek Parliament passed Law No. 4414 on the "New support scheme... important issues for the Greek energy market as regards the electricity stations generating power from... for the expansion and development of the Greek electricity market. Disclaimer All rights reserved
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Legislative developments on restructuring and liberalisation of Greek electricity market
Legalfor the Greek electricity market. More specifically: Articles 133-142 pertain to the establishment... and predictable time period of one year, will compensate certain electricity generators in the Greek interconnected electricity system for the provision of so-called 'flexibility services' to the Greek
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Report shows Greek tax burden increased in 2015, remaining above OECD average
EconomyMacroeconomy, higher growth rates compared to the Greek ratio increase of 1 pp were recorded by Mexico (2.3 pp) and Turkey (1 pp). It is worth noting though that excluding social security contributions, the Greek... of 10.3 percent. In 2013 the Greek ratio stood at 12.7 percent. Consumption taxes made up almost 40
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Greek banks conclude series of corporate actions as part of restructuring
EconomyBankingGreek banks concluded a number of corporate actions in the last month of 2016 as part... and Development (EBRD) and an international investment bank. This was the second Greek SME securitisation since... plans, Greek banks entered 2017 with their key focus on addressing the huge stock of non-performing
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Only 11.5 pct of Greek businesses made web sales in 2016
SocietyWhile almost 90 percent of Greek businesses have access to the internet, only 11.5 percent reported... three in ten were on Twitter. The use of the cloud is also low in the Greek business market, with only... finance or accounting software applications. Big data analysis is also absent from most Greek businesses
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Survey shows 42 pct of Greek expats unlikely to return
Society40-49,000 and 11 percent 10-19,000. The OECD listed the average Greek salary in 2015 as around 17,600... in, Endeavor Greece’s research showed that Greek professionals generated 12.9 billion euros in GDP, 9.1... make a valuable contribution to the Greek economy need to be identified and effectively mobilised
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Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
EconomyBankingAlpha Bank concluded the release of Greek banks’ first quarter (Q1) results, remaining profitable... million in the Greek market. The Common Equity Tier 1 (CET1) ratio edged up by 10 bps to 17.2 percent... value of its Greek government bonds (GGBs) stood at 2.3 billion in May, up from 2.1 billion in March
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Greek distrust of media high compared to EU average
Societywith the Greek media landscape. A 2016 Reuters report showed that of 26 countries surveyed, Greeks... development led the Greek media landscape to shrink further, when shipowner Evangelos Marinakis... and eventually deemed unconstitutional by the Greek Council of State and scrapped. If the government
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Greek households switch to natural gas in record numbers as winter approaches
EconomyFeaturesRecord numbers of households and small businesses in Greek cities are switching from oil to natural... in uptake. Heating oil dominated the domestic heating market in Greek cities until a major infrastructure... by households. Natural gas’s share of the total energy consumed by Greek households has risen from almost
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War of words fuels bitter mood in Greek politics
PoliticsGreek Politicsas accusations were traded, taking the tension in Greek politics up a notch or two. The activity was sparked... mood in Greek politics. This is being fuelled by much of the media, which has taken a partisan... in relation to Greek-Turkish relations. A new opinion poll by Public Issue suggests that while the public
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