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Travel receipts up by 1 pct in Dec but balance in deficit of 27.9 mln
EconomyMacroeconomyof Greek Tourism Enterprises (SETE) earlier this month showed displayed international tourist arrivals at the main Greek airports remained strong in January increasing by 30.2 percent. SETE estimates... international tourist arrivals (+33.5 percent) to 537,700, which were almost offset by a significant drop
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Latest EU plan to tackle refugee crises poses new, bigger challenges for Tsipras
PoliticsForeign Policy. This represents a marked change in the kind of demands being made of Greek authorities. Until now Greece’s focus has been on the humanitarian side and the basic processing of those who arrive on Greek shores... 50,000 migrants. Nevertheless, the Greek government will now need to find accommodation, including
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When the refugee crisis met the bailout review
Agorathousands of new arrivals? Or are they anxious that a tense Greek government, distracted by another round... tangentially, to link the refugee crisis and the pending bailout review. So far, publicly the Greek... and the Greek people are paying a very high price for the problem they themselves did not create,” said
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Newsletter 131 -15/09/2017
by the Greek prime minister in previous days that Greece is friendly to investors. Tsipras had Eldorado... insistence that Greek banks should undergo another stress test and Asset Quality Review before Greece exits... by 20,315 to 917,429 in July. Greek banks’ Eurosystem funding fell for 26 successive months
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Government paves way for major U-turn on migration as opposition warns of interference in regulators
PoliticsGreek PoliticsMeasures to manage migration, including a major regularisation programme, have been mooted by Greek... be signed as early as December 7, will reportedly see the resumption of cooperation between the Greek... Minister Dimitris Kairidis told the media that the agreement was a Greek initiative as part
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Credit contraction marginally decelerated to 3.9 pct in August
EconomyMacroeconomyCredit contraction in the Greek market marginally decelerated to 3.9 percent year on year (yoy... inflows 39 million in July. Greek banks’ lending constraints on continued deleveraging and tight liquidity conditions coupled with the prevailing recession and consumers’ reluctance to involve in any
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Golden Dawn to compete in EP elections but its longer term future is unclear
PoliticsGreek Politicsof Greek politics, comfortably gathering more than 12 percent of support in opinion polls. However... in Greece. With the unemployment rate set to remain at 20+ percent for several years to come, Greek politics going through a slow transition and institutions yet to revamped the conditions will still
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What kind of poll win does SYRIZA need to eye snap elections?
PoliticsGreek Politics. SYRIZA alone calling for elections is not enough to change the dynamic of Greek politics but a sizeable... the EU average, this is considered very low for Greek standards. In comparison, participation in the 2009... this, then conditions will be ripe for the opposition party to call for snap elections. SYRIZA
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Percentage of Greeks at risk of poverty or social exclusion edges up to 35.7
Societyshowed the Greek rate of 35.7 percent is by far the highest among eurozone countries and the second... members were at risk of poverty in 2013. The Greek rate remains for the second straight year...The 2013 survey on income and living conditions in Greece released by the Hellenic Statistical
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S&P puts Greece on watch for downgrade after sizing up new coalition
EconomyFollowing Moody’s report on Monday noting that Greek elections’ outcome is credit negative, S&P... Greek government are incompatible with the policy framework that has been previously agreed... a consensus on the terms and conditions of additional funding, particularly in view of the strong incentives
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