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Elektroniki’s bankruptcy reflects struggles of consumer electronics sector
EconomyFeaturesto stave off the decline that the Greek electronic goods market is facing. Despite the spending spree... of a drop in demand, the capital controls introduced last year and a lack of confidence in the Greek... electronics market. The chain’s decline marks a general trend in the Greek electronics sector, which has
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A market for NPL resolution
AgoraWhen the largest Greek banks (in terms of assets) published their second quarter results... euros in Q2 of 2016 – roughly equivalent to a half of annual Greek GDP. This staggering volume... is on the recovery potential of the liability side on banks’ balance sheets. In the Greek case, the single largest
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Obama ends with big picture amid dwindling hope
Agoraaddressed the impact the crisis has had on Greek society – an issue that is often overlooked... for Greek workers and families, pensioners and young people,” he said. “This crisis... of this crisis that in order to make reforms sustainable, the Greek economy needs the space to return to growth
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Athens eyes deal on bailout tranche within June, hopes for QE breakthrough
PoliticsGreek PoliticsThe Greek government was quick to reject on Tuesday any notion that it intends to avoid meeting its... to be exploring all possibilities) but it is unlikely the Greek prime minister would take the stand-off any further. There are serious doubts whether Athens could get through July without fresh funding
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Athens wants to keep Ankara lines open despite EU reservations, S-400 deal
PoliticsForeign Policy-aircraft missiles has sparked concerns within NATO and the European Union, putting the Greek government on alert as well. Greek diplomats and analysts argue that this development, along with Ankara's.... According to some analysts, Turkey will continue as a NATO member but not as an active partner. Greek
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Back from the brink: What next for Greece's property market?
EconomyFeaturesfor many. But like with so much else in the Greek crisis, the truth lies somewhere in between the drama... this scheme, non-Europeans spending more than 250,000 euros on Greek properties can receive a five year... tax continue to put off overseas investors. The one property sector that is doing well is the luxury
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Newsletter 136 - 20/10/2017
Greece’s importance as a stable ally in a troubled region. However, the downsides for the Greek leader... not the message that the Greek premier had been hoping would emerge from their joint press conference... outcome of the visit is the expensive agreement for the upgrade of Greek F-16 planes,” said New
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Newsletter 209 -07/06/2019
off SYRIZA’s incumbent, Rena Dourou with around two thirds of the vote. Dourou’s crushing defeat..., neo-Nazi Golden Dawn with 4 to 6 percent, while ultra-nationalist Elliniki Lysi (Greek Solution... will gain 74 seats, KINAL 23, KKE 16, Golden Dawn 15, Greek Solution 12 seats and Mera25 9 seats. Under
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BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
Economyin place, Greek systemic banks are expected to shed more than 30 billion of NPE off their books via... banks deal with the bad loans challenge. BoG has revised its forecast for Greek GDP, from 5.8 pct... estimates and is based on the latest official data from ELSTAT, which sees Greek GDP dropping by 7.9 pct
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Newsletter 269 -16/10/2020
a new Turkish exploration mission in the Aegean, just south of Kastellorizo, led Athens to call off... for hydrocarbon resources in an area that Athens claims to be part of its continental shelf. The Greek Foreign... south of Kastellorizo on Greece’s continental shelf, just 6.5 nautical miles from Greek shores
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