Search
-
ND, SYRIZA put squeeze on KINAL as centre-left party's poll rise continues
PoliticsGreek PoliticsFollowing its recent impressive rise in the opinion polls, centre-left KINAL finds itself at the centre of political machinations as both New Democracy and SYRIZA attempt to impede its advance, which has created doubt about when the next elections will ...
18% -
Series of failures provide opposition with platform to put pressure on PM
PoliticsGreek PoliticsAlthough it is still largely absorbed by its leadership contest, which is not due to conclude until early September, recent events have prompted SYRIZA to take a more aggressive stance regarding Kyriakos Mitsotakis’s premiership. The left-wing party was...
18% -
State braces for losses as bank divestment plan is put into action
EconomyBankingThe Hellenic Financial Stability Fund (HFSF) formally launched last week the process of divesting its small participation in the share capital of Eurobank. This set in motion HFSF's plan to dispose of its holdings in the four systemic banks, bringing to...
18% -
Athens not put out by Turkey-Egypt rapprochement, but watching closely
PoliticsForeign PolicyAthens is assessing the results of the historic meeting between Turkish President Tayyip Erdogan and his Egyptian counterpart Abdel Fattah al-Sisi on Wednesday, in Ankara. The two leaders discussed ways to further repair the long-frozen ties between the...
18% -
UnLuCky for some: Another painful lesson from the euro crisis
Agoraany punches, the report threw all the dirty water – as Olli Rehn put it - on the European Commission....” “Their NFLs (net foreign liabilities) remain very high (implying higher net income payments... into freefall, revenues drop and expenses for a social safety net are required - a combination which has
18% -
Gov't proposes easing impact of pension reforms on self-employed for three years
Economyof the pension reforms he has put forward. The Ministry proposes a discount on the initially announced new social security contributions, starting from 50 percent for annual net income up to 10,000 euros... to data provided by the Labour Ministry, self-employed with annual net income below 10,000 euros
18% -
Newsletter 97 - 25/11/2016
(440 million). On the expenditure front, the budget estimates net savings by social security... by 1.77 billion, mainly due to a remarkable decline in net transport receipts. BoG figures also... of 102.2 in Q3 2008. National Bank of Greece (NBG) turned profitable in Q3, with net profits reaching
18% -
Newsletter 208 -31/05/2019
of a 13th pension had a budget cost of 830 million euros net of taxes and social insurance contributions... revenues put surplus above target by 2.31 billion euros The budget primary balance recorded a surplus... euros in the previous month. After two positive months, the net lending flow turned negative
18% -
H1 results for Greek corporates show signs of pandemic biting
EconomyCorporatesby the provision for personnel's severance payment of 16.3 million. Net results showed profits of 29.3... EBITDA of 291.8 million a year ago. Net results showed a loss of 150.6 million euros compared... pandemic and the international and domestic restrictions that had been put in place to contain
18% -
Record FDI flow into Greece raises bar, but is it sustainable?
EconomyFeaturesof net inflows, the total exceeded the pre-pandemic high of almost 4.5 billion recorded in 2019... for 2.5 billion euros accounted for 80 percent of net FDI flows that year. All sectors experienced... to regain its pre-crisis levels of over 3 billion euros net inflows, while total FDI broke the 4-billion
18%