Search
-
S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March
Economydebt relief. S&P highlights the resilience performance of the domestic economy in 2015 mostly led... peaked in 2015. S&P forecasts the economy to stabilize in 2016, while anticipates a strong GDP
2% -
Q4 GDP contracts 0.6 pct QoQ, recession of 0.7 pct in 2015
EconomyMacroeconomyestimating a softer recession of around 0.3 percent. The resilient performance of the Greek economy... to ‘B-‘, the rating agency appeared more optimistic expecting a stabilization of the domestic economy.
2% -
Athens and creditors edge closer on tax and pensions but gap remains on NPLs
EconomyProgrammeeuros. Despite the initial optimism expressed by the Economy Minister Giorgos Stathakis earlier...). The institutions’ representatives are also due to meet with the Labour and Economy ministers
2% -
Athens in quandary over IMF as Fund's role in bailout is firmed up
PoliticsGreek Politicsthat will cancel out the economy’s potential [for recovery],” said Pappas. It appears that Tsipras... in the servicing costs of Greek debt. “The restructuring of debt is a means to help the economy recover
2% -
Elektroniki’s bankruptcy reflects struggles of consumer electronics sector
EconomyFeatureseconomy by foreign suppliers as causes. Those following the struggles of the company could see... electronics retail sector, but it isn’t the first and given the current state of the Greek economy and lack
2% -
HFSF presents action plan on large corporate loan restructuring, says NPEs reached 103 bln in 2015
EconomyBankingall segments of Greek economy, the study identified 5 sectors, namely tourism, food/beverages, health...-round contribution to the domestic economy. Those five sectors, with total loan exposure of 7.5
2% -
With review completion in sight, which way next for Greece?
Agorathe current government with a platform on which to build and the economy with some much-needed momentum... almost 7 billion. The benefits for the Greek economy of this money coming in, as well as a sense
2% -
Tourism and exports expect impact from Brexit fallout
EconomyMacroeconomyAlthough the effect from Brexit is likely to be rather small and limited on Greek economy, according to Bank of Greece (BoG) sources, some sectors could feel an imminent impact from the recent... over the summer. Trade The next sector of the Greek economy that could be affected is that of trade
2% -
Tsipras eyes connection with voters through changes to constitution, electoral system
PoliticsGreek Politicson the international stage is also improving. Looking forward, Tsipras pledged that if the economy recovers... of GDP or more from 2019 onwards. “No economy can continuously have such surpluses,” he said
2% -
SETE study presents short- and longer-term prospects of Greek tourism
EconomyMacroeconomytourism impact on the domestic economy is estimated at 17.24 billion euros or 9.8 percent of GDP in 2015...) impact on the domestic economy was above 21 percent in 2015 and is seen increasing to 23-24 percent
2%