Search
-
Industrial turnover falls by 9.4 pct in June
EconomyMacroeconomypercent, followed by consumer non-durables with an 8.6 percent drop. Capital goods broke the trend...-durables with a 9.2 percent decline. Turnover in eurozone countries advanced in capital goods
2% -
Current account surplus almost doubles to 1 bln in June
EconomyMacroeconomyof ships also decreased in the wake of capital controls. Stripping out oil and ships, the goods’ balance... reflects lower net transport receipt mostly attributed to capital controls. In addition, travel
2% -
Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
EconomyMacroeconomyfixed capital formation was the positive surprise in Monday’s announcement, rebounding by 1 percent QoQ... percent in H1 largely attributed to lower net transport receipts due to capital controls, while
2% -
Bad news for Greek Shipowners? Tonnage tax under European Commission scrutiny
Legalthe Maritime Guidelines. The Commission noted in particular that the exemption from taxation of capital gains from the sale of tonnage-taxed ships, of dividends paid by shipping companies and of capital gains
2% -
Industrial turnover rises at accelerating pace of 9.4 pct in Sept
EconomyMacroeconomyof capital controls. It is worth noting though that due to the successive negative readings... with the most marked in energy (+23.5 percent) followed by capital goods (+9.7 percent), intermediate
2% -
Bank of Greece sees potential for recovery, urges calm in negotiations
EconomyMacroeconomyunemployment and easing and ultimately lifting the remaining capital controls. Banks’ asset quality... reached 50 percent, while the Texas ratio (NPEs over cumulative provisions and regulatory capital
2% -
Another spin of the wheel for Greece
Agoraof the imposition of capital controls last year – there has been a double-digit increase in the use of debit..., Antonis Samaras, did not want to use up the minimal political capital he had left to meet
2% -
Greece’s M&A market stagnates during recession
EconomyFeaturesMergers and acquisitions (M&As) are an important element to corporate growth but one that Greece appears to be lacking. The 15th edition of the Ernst & Young Global Global Capital Confidence... average, mostly due to the increase in transactions executed by Greek private equity and venture capital
2% -
IMF sees much scope for reform progress, particularly on tax in Article IV report
EconomyProgramme. In addition, bank governance needs to be strengthened and capital controls to be eliminated..., the report notes that despite the three rounds of recapitalisation, Greek banks’ capital quality remains
2% -
Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
EconomyMacroeconomyof 1.2 billion in net transport receipts mostly attributed to capital controls. In addition, travel... to the share capital of Home Holdings for the acquisition of Ionian Hotel Enterprises. For the whole
2%