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Is a lack of spending hampering Greece's firefighting capabilities?
Societywith a widely shared opinion piece, which concluded by inveighing against the Troika of the country..., which contribute seasonal contractors to the fire-fighting effort, have also enjoyed a greater
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Domestic factors seen playing role in PM's pick for European Commission
PoliticsGreek Politicsthey argued would render wealth declarations meaningless. Another major piece of legislation debated..., journalists and public contractors. Promoting the bill, the government focussed on the automation
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Greek union data suggest workers get paid late or in kind
Societymoney, according to data gathered by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE). A report in the Greek daily “Ta Nea” that cited figures compiled by INE-GSEE... consecutive years of decline up to 17.2 percent. The INE-GSEE data presented by the daily paper also show
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Labour cost fall has not produced jobs, bemoans GSEE in study
Societyon the Greek economy and jobs published by the Labour Institute (INE) of the General Confederation..., the report said. The INE maintains that the gains made by companies from the fall in labour costs has... reduction in prices,” the INE said. The 178-page report also noted its concern that almost 70
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Are hirings in the public sector out of control?
EconomyFeatures. Announcing the new hiring plans, Interior Minister Panos Skourletis argued that the hirings would... permanent public sector staff and 15,000 contractors, at a cost of 600 million euros. These accusations... contractors. Their numbers have swelled from 3,413 in 2012 to 15,601 at the end of 2017. By far the largest
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Mortgage loans a key piece of NPL reduction puzzle
EconomyBankingThe persisting issue of non-performing loans (NPLs) was one of the key items discussed last week by the government and the institutions. In its latest report, the Bank of Greece (BoG) outlined that in the second quarter (Q2) of the year, Greece’s four s...
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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday....
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyThe budget primary balance in September was confirmed at a surplus of almost 6 billion euros, compared to a surplus of 52 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday....
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Government lines up crackdown on NGOs as next piece in harsher migration policy
PoliticsGreek PoliticsThe government is doubling down on the stricter migration policy and harsher rhetoric on the issue, which has intensified since Thanos Plevris took over as the country's Migration Minister. The ruling New Democracy party is hoping that this change of st...
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingwas reduced from 7 billion ini Q4 to 4.8 billion in Q1, declining again to 3 billion in May. ECB
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