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Industrial turnover resumes growth in Oct with 0.9 pct YoY, manufacturing leads way
EconomyMacroeconomyGreece’s industrial turnover went back to growth in October, rising by 0.9 percent year-on-year (YoY), from a 6.9 percent decrease in September, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. On a rolling 12-month b...
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Clarity over fiscal space clears way for next set of relief measures
EconomyMacroeconomyGreece’s fiscal outlook has become clearer along with the ability of the Greek government to implement more voter-friendly policies as it attempts to restore its relations with the electorate. The European Commission last week activated the national esc...
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Greece and Turkey search for way forward as leaders prepare for rare meeting
PoliticsForeign PolicyThe first meeting between Greek and Turkish leaders in roughly 18 months will take place on Wednesday, with both sides already signalling their intentions and expectations for the new round of talks under the 6th High-Level Cooperation Council, to be he...
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PM paves way to elections with three-year growth plan as ballot speculation simmers
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis has been assembling the elements of the argument that he intends to make at the Thessaloniki International Fair (TIF) in September to convince voters to give New Democracy a third term. At the heart of the pitch is a t...
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Greece and the euro: The flight of Icarus
Agoraof the decision to join in 1981 what was then the European Economic Community and a way to anchor itself... public deficit and debt fall. This satisfied European policymakers that Greece was on its way towards... to agree on a way of making Greek debt sustainable, otherwise the Fund will pull out of the program
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Newsletter 15 - 13/02/2015
. While it may be fairly simple to name the agreement in another way, finding another monitoring...Surmountable hurdles ahead Monday's Eurogroup to prove decisive on way forward Monday’s Eurogroup... to agree on a way forward after faltering efforts this week. Wednesday’s gathering of eurozone finance
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Banks remain largely profitable in Q2, with focus on NPL reductions
EconomyBanking’s various portfolios, management noted that a binding offer had been received for the sale... that it had entered into a binding agreement with Intrum for the purchase of 30 percent... in the coming months represent a mix of new auctions and re-auctions from postponed bidding due to the virus
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Newsletter 89 - 23/09/2016
way that the Vatopedi Monastery land-swap scandal did for Kostas Karamanlis. The current Greek... the media, big business and the political system, much in the way that Mufasa in The Lion King holds up... way that the Vatopedi Monastery land-swap scandal did for Kostas Karamanlis and his New Democracy
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Newsletter 85 - 05/08/2016
accommodation and supplies. Another way to relieve the pressure would be for the pace of relocations... development, Parliament passed on Thursday a bill paving the way for the creation of Greece’s first.... There is another way of looking at this issue, which is to challenge the concept that by 2009 Greece’s
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Stress mounts ahead of ECB's tests on Greek banks
Economyat the baseline, which was the binding scenario for capital shortfalls, and 9.4 billion under the adverse... reservations regarding the BoG stress test outcome. The first relates to the binding scenario with IMF noting
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