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Newsletter 74 - 20/05/2016
with strong production characteristics, extroversion and making a contribution to the domestic economy... sustainability. Economy Minister Giorgos Stathakis recently stated that the conclusion of the review... of provisioning, thus binding up valuable capital that could otherwise be lent to the real economy. Two
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New rules on sale of NPLs come into play after approval of omnibus bill
EconomyProgrammeof the Government Council on Private Debt Management, which will consist of the ministers of Economy, Justice, Labour and Finance. It will chaired by the economy minister. The council is to convene at least... in the domestic economy had a NPE ratio of 60 percent and would have high priority in the upcoming
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Greek SMEs continue to have bleak view of their future
Societysuggest the Greek economy has entered a period of stabilisation (a reduction in unemployment, improved foreign trade, relative stabilisation of public finances), the economy is in stagnation. The “new package of recessionary measures … has intensified the abnormal heartbeat of the Greek economy
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Tsipras freshens up cabinet, looking for balance with party and lenders
PoliticsGreek Politics. Another SYRIZA stalwart, Giorgos Stathakis was moved across from the Economy Ministry to replace... and modelling of the Greek economy. Papadimitriou gained prominence in Greece over the last couple... addition at the Economy Ministry is Stergios Pitsiorlas, who until now headed Hellenic Republic Asset
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Number of new companies registering in 2016 half of those in 2008
Economyfour years ago, this reduction is not enough to accelerate the transformation of the Greek economy... quarters of the increase attributed to tourism. Overall, the study concludes that the domestic economy... from stagnation, introversion and focus on consumption. In addition, the economy is trapped
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Seven years of demanding the impossible in Greece
Agorarevenue-raising measures and spending cuts that are equivalent to more than a third of its economy... economy has been burdened with 35.6 billion euros in all sorts of taxes on income, consumption, duties..., it is remarkable that the economy still manages to function. During the same period, the state has
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Multiple potential benefits await Greece if it can clinch QE eligibility
EconomyFeatures’ confidence about the prospects of the Greek economy, the Bank of Greece (BoG) recently noted in its annual... effects for Greece: It could significantly improve investors’ confidence in the domestic economy and its... out of the woods and ultimately entering what would be a virtuous circle for the domestic economy
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Newsletter 117 - 05/05/2017
and reform implementation. The PBO notes that it is unlikely the domestic economy will rebound..., as the outcome did not result from a growing economy. It also underlined that the fiscal outperformance in 2016 and potentially in 2017 undermines the ability of the domestic economy to produce primary
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Newsletter 124 - 23/06/2017
told his cabinet that Athens needs to focus on supporting the real economy and plan a path back to the markets before the end of the programme next summer. Economy Minister Dimitris Papadimitriou... was to focus on the real economy and people’s day-to-day lives from now on. The government sees economic
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Trust in Greek banking system shaky, survey suggests
EconomyBankingabout these resources being channelled into the shadow economy rather than the real economy, where... in the Greek economy as a result of the capital controls, most of which have been negative. One
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