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GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP accelerated its gains in Q2, rising by 1.1 percent quarter-on-quarter (QoQ), from a 0.8 percent rise in Q1, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday. The Greek economy has been growing continuously QoQ now since Q2
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Newsletter 60 - 29/01/2016
to more than 1.1 billion euros in absolute terms, could provide a cushion in the upcoming... the immediate and local. If a leader as dominant as Chancellor Angela Merkel can incur so much... islands to prevent them simply moving on en masse to other parts of Europe. On this subject, a lot
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Greek tourism building strength but needs to diversify, PWC study finds
EconomyFeaturesof 1.1 billion euros. Currently, there are 14 greenfield private sector projects which are focused... could incur write-offs of 2.6 billion euros. To develop the tourism industry, the report outlines
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Are Chinese investments starting to hit a wall in Germany?
Agorain Germany and on the continent.[ix] Finally, German Economy Minister Peter Altmaier unveiled... Economic Wars. Economics Minister Peter Altmaier is shifting policy decisively in favor of economic.../articles/2019-02-05/germany-s-peter-altmaier-enters-the-global-economic-wars. Jens Bastian
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Athens displeased with EU Council outcome, faces pressure for talks with Turkey
PoliticsForeign Policyto engage in a dialogue. Arms embargo Following the Greek side’s failure to secure the inclusion... to an arms embargo and countermeasures/sanctions per sector over Turkey’s violation of the EU-Turkey... of the arms embargo, Mitsotakis explained in his press conference on Friday in Brussels
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Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
EconomyMacroeconomy. The positive flow in April is almost entirely attributed to corporate sector net additions of 763... positive for the third successive month, with net additions climbing to 763 million in April
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Newsletter 269 -16/10/2020
shows deficit of 7.01 bln September figures show decline in revenues On a monthly basis, net revenues... primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared
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Newsletter 271 -30/10/2020
at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus
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Russia sanctions, regional diplomacy dominate Tsipras visit to Ukraine
PoliticsForeign Policyas the ongoing sanctions and the embargo of the European Union against Russia has damaged the country’s trade and economic relations with Moscow. Greece’s economy has suffered from the embargo on food... diplomatic sources. Despite the EU embargo against Russia, however, Athens’ relations with Moscow
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Tsipras and lenders leave themselves with fading chances of salvaging deal
PoliticsGreek Politicssuggested that the institutions had made the best effort possible. Also, Slovakian Finance Minister Peter... of programme - that's mutual priority, debt restructuring is not on the table #eurozone #IMF — Peter
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