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Retail sales rebound by 7.1 pct in July for first time in thirteen months
EconomyMacroeconomyheadline figure is the first positive reading since May 2015 and the highest since March 2010... is the highest reading since May 2015. Over the past six years, the Greek retail turnover has recorded a sharp
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How Greece's political system failed to safeguard the largest investment in the country's history
AgoraDuring May and June 2013, the four core banks conducted share capital increases to cover... receipts from its bank holdings but it may need to make an additional 10-billion-euro capital
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Bad news for Greek Shipowners? Tonnage tax under European Commission scrutiny
LegalUpon completion of a long-winded ex officio inquiry into the Greek taxation regime for shipping, the European Commission found that the pertinent legal framework includes certain provisions that may... is undertaken based on the above information. Disclaimer All rights reserved. No part of this publication may
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Greek Pharmaceuticals: The little pill with big potential
EconomyFeaturesin line with overall export decreases, which declined by 12.4 percent in May 2016 versus May 2015
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Countdown to start of second review begins, focus on more reforms
EconomyProgrammediscussions with the Greek authorities on a number of key issues, which may not be as tough as those...-Term Fiscal Strategy (MTFS) 2017-2020, which was initially due by the end of last May. The government
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Tsipras makes end-year debt deal government's top priority
PoliticsGreek Politicsto uphold the commitment they made at the Eurogroup in May to set out not just short-term debt relief... programme. The government believes that this is what the eurozone agreed to in May. Also, apart from
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Tsipras in Brussels prep for Obama trip
PoliticsGreek Politicswarnings from Turkey that its seven-month-old deal to stop migrants travelling to Greek islands may...-November but still not official. By then, Obama will be an outgoing president but may give Europe
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Tsipras ponders risking reshuffle to finish review on time, get debt talks going
PoliticsGreek Politicsby the December 5 Eurogroup. Within this context, if Tsipras believes that some ministers may stand in the way of a swift review he may opt to remove them now, viewing the option of installing more cooperative
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Deposits edge down to 123.5 bln in September on outflows of 379 mln
EconomyMacroeconomyeased to 123.47 billion at the end of September, in the second highest reading since May 2015... edged up to 141.34 billion in September, which is the highest reading since May 2015. The GG balance
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Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
EconomyMacroeconomypositive GDP growth, the sense of over-taxation may act as a disincentive for labour and entrepreneurship... that the conclusion of the second programme review and the tabling of the MTFS may signal the turning point
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