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  1. Athens goes over energy plans, eyes enhanced role

    PoliticsForeign Policy

    the offshore gas fields of Israel and Cyprus with Greece and possibly Italy at a cost of around 7... the last 12 months, approximately 49 percent of TAP’s project route in Greece and Albania has been

    12%

  2. Five-month budget primary surplus confirmed at 1.84 bln, beats target by 790 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 7 percent to 3.4 billion, reflecting a double-digit rise in indirect taxes by 10.7 percent, while... surplus of 12 million in the 5-month period, sharply down from last year’s figure of 831 million

    12%

  3. Voters unconvinced by post-Eurogroup narrative, wait for growth
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    administrations as well. Only 7 percent of Greeks believe that their financial situation will improve in the next 12 months even though growth has been predicted for this year and the next, and all the talk after

    12%

  4. General govt primary cash surplus at 2.25 bln in May, arrears rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    guarantees of over 12 billion are split between gg (5.4 billion) and non-gg (7 billion) entities.

    12%

  5. Proportion of Greeks willing to emigrate for work triples in two years
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    who reported being unemployed were out of work for a minimum of 12 months. This indicates... percent of the time and the cost was split in 7 percent of the cases. A survey by Randstad

    12%

  6. Budget primary surplus at 1.94 bln in H1, beating target by 1.5 bln on underspend
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the 6-month period to 3.81 billion, slightly (-12 million) below target. Meanwhile, privatisation... successive month by 7 percent in June, after a double-digit drop of 11.8 percent in May and landed at 3.24

    12%

  7. General govt primary cash surplus at 4.10 bln in seven-month, arrears rise to 5.44 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    (-7 million), hospitals (-4 million) and local governments (-1 million). From the beginning... guarantees remained at 1.88 billion for a second month. The remaining guarantees of over 12 billion

    12%

  8. Despite cuts, pension system still at risk due to old-age dependency
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    countries, pensioners over 65 were found to have an average income which was around 12 percent lower... the average population. However, in Greece and Spain in particular, the rate was only 7 and 10

    12%

  9. Total overdue tax obligations rise to 101.86 bln in Dec, new debt up by 1.30 bln
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    stands at 12.93 billion euros. This represents a decline of 7 percent against the figure... to 9.2 percent. On an aggregate basis, the rate came to 12 percent, slightly down from the rate

    12%

  10. Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
    Image via www.alpha.gr

    EconomyBanking

    Assistance (ELA) funding was reduced by a total of 6.2 billion since December 2016 to 7 billion in December... (-12 bps). The bank noted that their tangible book value stood at 9.2 billion euros, which remains

    12%