Search
-
Despite fresh uncertainty, Tsipras insists focus is on four-year term
PoliticsGreek PoliticsPrime Minister Alexis Tsipras has again insisted he has no intention of calling snap elections..., the idea of SYRIZA holding on until next year has been brought into question again by developments... volition. Only pressure from the creditors on this subject could lead to Tsipras yielding. He has made
2% -
Retail sales up by 1.2 pct in March on higher activity in dept stores, clothing
EconomyMacroeconomy(ELSTAT) on Thursday. The headline index has been growing in three out of the last four months that data has been available. February was the only negative reading since November. The corresponding volume... a brake on the ongoing recovery in retail confidence, which has been improving steadily since
2% -
Tsipras waits on name issue and debt talks, Mitsotakis pledges tax cuts for tourism
PoliticsGreek Politicsbelieves it has an “agreement in principle” with Athens but Tsipras’s office insisted that no deal has... the eurozone lenders will put together since the Fund has been one of the strongest advocates.... Mitsotakis New Democracy leader Kyriakos Mitsotakis has continued to emphasise his plans for cutting
2% -
Unemployment at 20.1 percent in March
EconomyMacroeconomy, the figure for those employed has risen by 74,890. Total employment remained above 3.7 million... has fallen by 101,576. The unemployed figure remains consistently below the million mark, standing... among women fell by 1.8 percentage points (pps) from last year to 25 percent. This figure has been
2% -
What GDPR compliance means for businesses and consumers
Legalstrategic plans without jeopardising their integrity. Particularly, each company has to conduct... has access to them and who will be notified/forwarded, whether the subject has consented... ecosystem in the years to come. In the aforementioned context, it has become absolutely necessary
2% -
Multi-bill passed, sub-tranche released but debt relief expectations dwindling
EconomyProgrammefor the last few weeks after being satisfied that Athens has met the targets that had been set... has committed to paying off all its debts to suppliers and making all tax refunds by the end... lenders. It has already become clear that the eurozone is not going to offer the kind
2% -
Eurogroup marks end of cycle and squaring of circle for Greece
Agorathe International Monetary Fund, which the eurozone has identified as the ultimate authority on this matter, while... In the current schedule, the different loans that the eurozone has extended to Greece have various... assessment of how the cash buffer would shape up and function. Greece has already received 1.9 billion euros
2% -
Tsipras and Mitsotakis take messages abroad but face disquiet at home
PoliticsGreek Politicsof Europe, but at the forefront of European developments,” he said after the meeting. Mitsotakis has... that the government has no intention of going back to the days of fiscal profligacy... answer. It is known, however, that the Public Debt Management Agency has been holding talks
2% -
High level of opposition to Macedonia name deal seems to boost New Democracy’s ratings
PoliticsGreek Politicsname deal, which has received strong backing from European officials but is proving to be highly... about the political cost of settling a dispute that has lasted more than 25 years because he believes that most of his supporters will applaud him. Mitsotakis has opted for fiercely opposing the deal
2% -
IMF's Article IV conclusion outlines progress and remaining risks on road to recovery
EconomyProgrammewill incorporate the updated Debt Sustainability Analysis (DSA). The mission concludes that Greece has..., growth has returned and unemployment is on the decline while last week’s debt agreement... to build up capital buffers along with further steps to mitigate liquidity and funding risks. The IMF has
2%