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Amid flare-up with PASOK, Tsipras makes plans to govern
PoliticsGreek Politics’s party, down to 27 MPs after Theodora Tzakri was ousted for not backing the government... this week, brought down the New Democracy government led by Konstantinos Mitsotakis in 1993
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Revenues at 4.77 bln in Oct, beating target for fourth straight month
Economylanding at 39.38 billion euros, down 6.1 percent. More significantly, the revenue outperformance... both in October and in the 10 months. The most affected are consumption taxes (down 23.7 percent
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After Q3 results, what next for Greek banks?
Agoraabove the market average. In contrast, National Bank’s group NII was dragged down by Finansbank due... – for Alpha and Piraeus – stemming from the shut-down of overlapping branches, relocation of headquarters
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Debt relief or debt restructuring for Greece?
Agoraoption constitute an attempt to kick the proverbial can down the road? In the material assessment... left to their own devices. They incurred losses totalling 12 billion euros on the write down
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Primary budget surplus in Nov at 1.2bln euros, 2013 target in reach
Economyreached 43.62 billion euros, down 4.9 percent. Tax refunds fell by 16.8 percent to 2.47 billion, which... in November with the 11 months figure down 7.3 percent to 39.27 billion. Furthermore, the marked drop
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Europe missed an opportunity on banking union
Agorabust or needed recapitalisation would not drag the sovereign down with them, as they did in Ireland... be restructured or shut down. A couple of days earlier, ECB president Mario Draghi warned bluntly
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Buying time: The delayed crisis of democratic capitalism - a review
Agorathe least. This form of ‘debt capitalism’ came crashing down on the back of the financial crisis... are financial institutions. A trickle-down effect has yet to be registered beyond banks. None
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December fails to boost Greek retail sector: Sales fell by 6.7 pct
EconomyGreece’s retail trade index fell by 6.7 percent in December in terms of turnover and was down by 6.1 percent as far as volume is concerned, according to data published by the Hellenic Statistical... Commerce (ESEE), tweeted that retail sales reached 4.7 billion euros, which was 19 percent down
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Industrial production up 1.1 pct in Jan, first consecutive rise since Aug 2007
EconomyMacroeconomyand intermediate goods showed a modest increase of 1.3 and 0.9 percent respectively. Consumer durables (down 7.8 percent) was the sector mostly hit by the economic crisis followed by non-durables (down 1.2
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Greek recession slowed from revised 7 pct in 2012 to 3.9 pct last year
EconomyMacroeconomymeasures that eroded household disposable income (down by 7.5 – 8.8 percent in the first three quarters... a negative trend in the fourth quarter (down 5.6 percent), following a 2.7 percent rise in the third quarter
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