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HFSF presents action plan on large corporate loan restructuring, says NPEs reached 103 bln in 2015
EconomyBankingall segments of Greek economy, the study identified 5 sectors, namely tourism, food/beverages, health...-round contribution to the domestic economy. Those five sectors, with total loan exposure of 7.5
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With review completion in sight, which way next for Greece?
Agorathe current government with a platform on which to build and the economy with some much-needed momentum... almost 7 billion. The benefits for the Greek economy of this money coming in, as well as a sense
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Tourism and exports expect impact from Brexit fallout
EconomyMacroeconomyAlthough the effect from Brexit is likely to be rather small and limited on Greek economy, according to Bank of Greece (BoG) sources, some sectors could feel an imminent impact from the recent... over the summer. Trade The next sector of the Greek economy that could be affected is that of trade
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Tsipras eyes connection with voters through changes to constitution, electoral system
PoliticsGreek Politicson the international stage is also improving. Looking forward, Tsipras pledged that if the economy recovers... of GDP or more from 2019 onwards. “No economy can continuously have such surpluses,” he said
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SETE study presents short- and longer-term prospects of Greek tourism
EconomyMacroeconomytourism impact on the domestic economy is estimated at 17.24 billion euros or 9.8 percent of GDP in 2015...) impact on the domestic economy was above 21 percent in 2015 and is seen increasing to 23-24 percent
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Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
EconomyMacroeconomyfor the Greek economy. In its monetary policy report released in mid-June, Bank of Greece projects a mild... in 2016 before the Greek economy rebounds by 1.9 percent next year. The rating agencies have adopted
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Tsipras tries to push snap election talk off political agenda
PoliticsGreek Politics.” The prime minister justified his comments by saying that the economy is poised for a recovery... in areas other than the negotiations with the lenders and the performance of the economy
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Turnover in tourism sector edges down 1.1 pct in Q2
EconomyMacroeconomy. According to SETE, the direct impact of tourism on the Greek economy stood at 17.24 billion euros... for the anticipated recovery of the domestic economy, which most institutions and organisations expect to start
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Mitsotakis uses tax cut pledge as driving force in effort to provide alternative
PoliticsGreek Politicsambitious targets for the economy, saying that an annual growth rate of 4 percent of GDP is achievable... of 100 billion euros in the Greek economy over a five-year period, taking private investment up to 20
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MPs approve redevelopment of ex-Athens airport, which study sees having key economic impact
Economyproductivity growth and enhanced productive potential of the economy, are expected to increase GDP by 2... of the redevelopment project on the total employment in the Greek economy is estimated to exceed 90,000 jobs
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