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  1. Cosco's 369 mln Piraeus Port improved bid accepted, seals latest privatisation
    Photo by Harry van Versendaal

    EconomyBanking

    increasing its stake to 67 percent. The state will retain a 23 percent stake in OLP and 3 positions... projects until the end of June with the relevant proceeds seen at 3 billion in 2016 above the 2016 budget

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  2. Search for solutions, not scapegoats in EU's refugee crisis
    Photo by Joanna Kakissis

    Agora

    been a failure. The 3 billion euros Ankara was promised has not been released and President Recep... million) of the 3 billion euros going towards Turkey to deal with the refugee crisis. At the same time... refugees and migrants arrive on its islands to prevent them simply moving on en masse to other

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  3. Newsletter 63 - 19/02/2016

    Newsletters

    , Eurobank is due to publish results on March 2, followed by Alpha and Piraeus on March 3 and 9... 3 billion euros in aid over two years rather than one, bargains with the EU, Greece seems little

    12%

  4. Budget primary surplus jumps to 1.19 bln in Jan, largely on rising PIB revenues

    EconomyMacroeconomy

    ) corresponding to 2.9 percent of the full year target of 1.26 billion 3) Conditional expenditure of only 58.... Overall, expenditure fell 5.3 percent to 3 billion, 469 million lower than target. PIB The remarkable

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  5. Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
    Photo by MacroPolis

    EconomyBanking

    trading income, the bank’s core pre-provision income (PPI) fell 3 percent quarter on quarter (QoQ... that out of the 3 billion euros in impairments in 2015, 1.6 billion relate to the outcome

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  6. Programme review talks continue, progress on tax, pensions and NPLs at a premium
    Photo by MacroPolis

    EconomyProgramme

    from annual income of 20,000 euros. The government proposed a month ago that these increase to 3... (314 million) 2) Increase in the tax rates on income from rents (142 million) 3) Increase in the tax

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  7. Newsletter 67 - 18/03/2016

    Newsletters

    to the Q4 reading for 2014. The year-on-year decline reflects a rise in the number of employed by 3.... The year-on-year decline reflects a rise in the number of employed by 3 percent. Rise in long-term

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  8. Greek corporate lending rates up to 250 bps higher than eurozone average

    EconomyMacroeconomy

    euros slipping by 3 bps to 4.83 percent. For lower amounts, the respective rate stood at 5.62 percent... to 14.66 percent. The interest rate for loans to sole proprietors eased by 3 bps to 7.44 percent

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  9. Greek tourism's long-term growth prospects are good, report shows

    EconomyMacroeconomy

    percent per annum by 2026. Business spending is seen rising at higher rates of 3 and 7.5 percent... to 817,000 in 2016 and then record an annual growth of 3 percent in the next ten years to around 1.1

    12%

  10. Greece seeks to finalise 1 pct of GDP in new tax measures to close review

    EconomyMacroeconomy

    ) - the government has to identify additional measures of 1 percent of GDP to cover the fiscal gap of 3... euros. 3) A levy on hotel stays of 1-5 euros per night, according to the hotel’s category

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