Search
-
S&P highlights risks for Greek banking sector
EconomyGreek banks still face higher economic risks than most banking sectors globally, while the country’s economic prospects remain highly uncertain, S&P notes in its latest report on local lenders... than last year since the government is broadly complying with the third bailout programme
3% -
Demand for hospitals' reserves raises concerns about govt's liquidity position
Economybillion euros, 1.34 billion lower than the target and almost equally split in the first three months.... Of these, more than half (5.28 billion) relate to the central government, 2.33 billion to local
3% -
EU highlights Greek border concerns but Athens concerned about Aegean
PoliticsGreek Politicspublished in February. However, the warnings from Brussels carried less menace for Athens than in previous... more focussed on what is happening on its Aegean borders with Turkey rather than the consequences
3% -
Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP
EconomyProgrammeat 9,545 euros for those with more than 3 children. It was lowered to 8,863 euros for taxpayers... than 3 children and a monthly salary of 600-650 euros will now pay an annual tax of 100-200 euros from
3% -
Outline of fiscal mechanism for automatic cuts emerges after Eurogroup
EconomyProgrammeStatistical Authority (ELSTAT) each April. If the primary surplus is off track by more than 0.25... that have an impact of more than 0.5 percent of GDP. There is also a, vaguely defined at this moment
3% -
Eurozone sets out proposals for staggered debt relief for Greece
EconomyProgrammeand a faster decline in the primary surplus than in the baseline scenario, the eurozone would need... would also help Athens as the interest rate charged by the European lender is much lower than the one
3% -
Unemployment rate slips to 24.2 pct in February
EconomyMacroeconomybe more than 70,000 in the same period. The unemployment rate among men was trimmed by 2 percentage... percent. In contrast, the unemployment rate among those aged 55-64 rose by more than 11 pp to 19.3
3% -
Greece seeks to mend fences with Austria but frets about EU-Turkey deal
PoliticsForeign Policyby the refugee crisis. Kotzias visit came less than three months after Greece recalled its ambassador... on the key issues, rather than just on the need to re-establish channels of communication. “I believe
3% -
Locating Europe's pulse in the refugee crisis
Agorasociety to be much more flexible and responsive than central governments, which face bureaucratic hurdles... Auschwitz. Rather than helping refugees build a new life, Klinowski now finds himself being
3% -
Nine in 10 Greeks under 30 feel marginalised due to crisis
Society, Maltese, Lithuanians, Latvians, Bulgarians, Slovenians and Danes (45 percent) are all more likely than... percent), Luxembourg and Austria (22 percent), Ireland (21 percent) than in Greece, while Spain
3%