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Greek stocks plunge 7.9 pct, banks tumble 24.3 pct
EconomyFollowing a nosedive by 8.9 percent last week, the Greek stock market tumbled a further 7.9 percent on Monday amid turmoil in the European markets on global growth prospects and increased domestic risks. Greek shares continue to be heavily hampered by the lack of progress in discussions
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Industrial production rises by 5.2 pct in Dec, its highest growth rate since 2007
EconomyMacroeconomyconfidence provided by the European Commission showed an increase for the fifth successive month by 3.5
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Bailout review differences feed speculation about Tsipras turning to elections
PoliticsGreek Politicswill be able to reap the benefits that are set to come later this year, such as eligibility for the European
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Unemployment down slightly to 24.6 pct in November
EconomyMacroeconomyprefectures at 12.2 percent. The latest macro forecasts released by the European Commission last week
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Q4 GDP contracts 0.6 pct QoQ, recession of 0.7 pct in 2015
EconomyMacroeconomythe government and European Commission (EC) forecast calling for zero growth, while Bank of Greece was also
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Building activity rebounds 7.2 pct in November
EconomyMacroeconomyconfidence indicator released by the European Commission displayed a strong rise of 11.2 points
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Greek stocks nosedive 9.8 pct over week amid bank sell-off
Economyprivatisation fund. On the same day though, the IMF via a blog post of its Director of the IMF’s European
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Clock ticks on bailout review but big gaps remain between Greece, lenders
EconomyProgrammeissues. On the same day, Poul Thomsen, Director of the IMF’s European Department, highlighted
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Coalition hopes to ride out pension and tax dispute with farmers
PoliticsGreek Politicsas possible. However, given that the end of March has been mentioned by European Economic Affairs
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Greek stocks reverse recent downward trend with 7.5 pct rise on Monday
EconomyFollowing a decline of 17.8 percent in the preceding two weeks, the Greek stock market soared 7.5 percent on Monday mostly led by banks largely in technical reaction also fuelled by a turnaround in the European markets. Unlike the negative mood that prevailed in the recent past, investors appear
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