Search
-
Even week for Greek stocks but trading thins out
Economyreading so far this year, amid a lack of investment interest. It is noteworthy that Wednesday’s... euros, whilst EBITDA more than doubled to 37 million from 16.4 million last year. However, higher financial expenses resulted in net losses of 20.2 million from 36.6 million last year. Terna Energy
1% -
Newsletter 42 - 11/09/2015
in the baseline scenario. According to bank sources, they incorporate a GDP contraction of 2.3 percent this year... territory this year (-0.4 percent), turning positive in the next two years, to 1.5 and 0.9 percent... to the European Stability Mechanism in late February 2015. Almost one year after the first assessment
1% -
Tsipras raises debt relief at UN but refugee crisis may prove more pressing issue
PoliticsForeign Policyof the European total this year. The dramatic nature of the rise in arrivals this year is starkly illustrated... the host of last year. This was less than one fifth of the total number of arrivals in Europe. The influx of refugees from Syria, who are estimated to make up around two thirds of this year’s arrivals
1% -
Economic sentiment rebounds in September after six-month drop
EconomyMacroeconomy. As a result, the year to date evolution displays a negative movement by 16 points. The ESI... by 10.3 points year to date. After reaching a record low of -83.8 in October 2011, consumer confidence... points to -15.1 in September. However, the year to date balance is negative displaying a cumulative
1% -
Refugee influx pushes Tsipras towards crisis nexus
Agoranecessary to look after the soaring number of refugees and migrants arriving in Greece this year. “Our... arrived in 2014 but already this year there have been more than 400,000 arrivals. On Friday, IOM... reaching its shores from one year to the next. The first SYRIZA-led government, though, did itself
1% -
Current account balance shows a surplus for third straight month, at 2.09 bln in August
EconomyMacroeconomyby 12.5 percent from last year’s figure, Bank of Greece (BoG) data showed on Wednesday. This year’s figure indicates a C/A surplus for the third straight month. The year on year (YoY) improvement largely... recording a surplus of 936 million from deficit of 557 million last year. The marked rise primarily
1% -
Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
EconomyMacroeconomyestimates released in early November, which saw a GDP contraction of 1.4 percent. For next year, the EC... (compared to the draft budget) to 48.62 billion this year and by 355 million to 49.11 billion.... The rebound next year largely stems from higher VAT revenue growth (+6.1 percent), while consumption
1% -
Travel receipts fall by 5.4 pct in Sept for first drop in 2015
EconomyMacroeconomysurplus decreased by 4.8 percent to 1.98 billion euros from 2.08 billion last year. Lower receipts fully... a surplus of 11.07 billion, up by 5.8 from last year’s figure of 12 billion. Unlike September... international tourist arrivals at the main Greek airports fell for the first time this year by 1.2
1% -
Rate of credit contraction edges up to 1.6 pct in Oct
EconomyMacroeconomythe beginning of the year, corporate lending sector posts a volatile performance with cumulative net... reaching 13.48 billion. The net flow remains at extremely low levels in the course of the year with net deductions of 12 million in October and 94 million year to date. The rate of contraction in loans
1% -
Unemployment nudges down to 24.6 pct in Sept
EconomyMacroeconomy. The unemployment rate in the same period last year was 26.1 percent. The number of employed continued its upward... in the movement of capital and cash in Greece. Since March this year, employment has gained just under... in September stood at 21.2 percent compared to 23.2 percent in the same period last year. The rate among
1%