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Government talks up privatisation benefits, but opposition questions success story
PoliticsGreek Politicstabled a parliamentary question with regard to the divestment plan for Hellenic Financial Stability... than waiting to exit at a profit. Superfund Analysts, meanwhile, continue to regard the government’s.... The government was also questioned over the timing of its winding up of the Covid-era rescue scheme for Aegean
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Greece saw first annual deflation in almost half a century in 2013
EconomyMacroeconomyThe drop in Greece’s Consumer Price Index (CPI) decelerated to 1.7 percent in December after peaking with a 2.9 percent decline in November, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, the CPI rose 0.9 percent for the f...
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Most Greeks saw income fall over last year, limiting purchasing power
SocietyThe results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco...
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Increase in number of services that saw their turnover decrease in Q2
EconomyMacroeconomyThe evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred to, posting a negative growth, according to the Helleni...
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Almost all services in Greece saw decline in Q3
EconomyMacroeconomyThe evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according to the Hellenic Statistical Authority (ELSTAT). In the preced...
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Office prices and rents saw substantial fall in H1 2014
EconomyThe Bank of Greece (BoG) published on Monday for the first time its commercial property price and rent indices. The released data concerns office and retail price and rent levels of prime investment property and cover the period from the first half (H1)...
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Greek households saw net financial wealth plummet by 37.5 pct during crisis
EconomyMacroeconomyΤhe impact on Greek households’ financial wealth and liabilities during the crisis years is examined in a study included in the latest statistical bulletin published by Bank of Greece on Wednesday. The study showed that the net financial wealth of Greek...
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Sharp drop of 5.3 bln for Greek ELA funding after completion of capital increases
EconomyMacroeconomyNovember saw the fastest pace of decline since July. The absolute figure landed at 113.41 billion...Greek banks’ Eurosystem funding fell by 5.98 billion euros in November following a drop by 2.01..., Eurosystem funding has been trimmed by 13.17 billion euros and largely reflects the reduced uncertainty
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Newsletter 371 - 24/02/2023
of Hellactor with Motor Oil and the sale of National Insurance to CVC Capital. It is indicative
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Newsletter 53 - 27/11/2015
, that Independent Greeks (ANEL) lawmaker Nikos Nikolopoulos, who voted against the latest set... to him being ousted from ANEL but refusing to give up his parliamentary seat. In contrast, one... and Central Macedonia Governor Apostolos Tzitzikostas. Both of these hopefuls had called
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