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Greece's golden visa scheme brings revenues, but risks as well
EconomyFeatures. These programmes range in scope and cost from that of Cyprus, which offers full citizenship for a 2 million euro
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Privatisation revenues edge upward as end-of-year deadline looms
EconomyFeaturesWith three quarters of the year now gone, the Greek government still has much ground to cover in order to meet its privatisation target of around 2 billion euros in revenues across the full year. According to the final budget figures up to August that were released by the Ministry of Finance (MoF
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Car sales drop by 0.8 pct in September
EconomyMacroeconomyof the year. According to the full-year data for 2017, car sales doubled compared to 2012, when a low
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Eurosystem funding down to 12.23 bln in September, banknotes rise for second month
EconomyMacroeconomyand an uptick in deposit inflows. The latest reduction points to a stepping up of the full elimination
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Newsletter 178 -12/10/2018
in revenues across the full year. According to the final budget figures up to August that were released
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Budget primary surplus at 4.18 bln in Sept as EU co-financed projects fall short
EconomyMacroeconomy, above target by 555 million euros. The full revenue breakdown will be provided upon the release
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Athens edges towards compromise on pension cuts but may have to plug fiscal gap
EconomyProgrammeto a postponement rather than a full repeal of the measure or a requirement that Athens should carry out
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Part-time work and low earnings overlie crisis-pounded labour market
Societycreated are either part-time positions or flexible types of work rather than full-time employment
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As budget talks drag on, parties focus on inflicting damage via graft claims
PoliticsGreek Politicsby calling for a full cancellation of the pension cuts and not just a suspension of the measure. The SYRIZA
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APS option to help banks with bad loans seen gaining ground
EconomyBankingin full or in parts. This would make it an attractive proposition as it would be protected from losses.
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