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Banks lead Friday rebound to take Greek stocks up by 2.3 pct during week
Economystock market has seen losses of 9 percent overall this year. Bank shares surged 9.2 percent this week... (+10.9 percent) and Piraeus (+10 percent). From the non-financial stocks, Piraeus Port (+8.6 percent
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General gov't figures shed more light on course of spending, revenues during crisis
EconomyMacroeconomyeased by 385 million to 21.45 billion, which is the lowest for the past 10 years, and expenditure... of 25.9 percent over this period, the revenue-to-GDP ratio rose by more than 9 percentage points (pp
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Industrial turnover drops 12.7 pct in March, energy plummets 27 pct
EconomyMacroeconomyin the last 10 months. The turnover of the manufacturing sector declined by 12.7 percent in March, while that of the mining and quarrying sector fell by 9 percent. The industrial turnover for the non
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Newsletter 76 - 03/06/2016
revised 7.6 percent fall in February. The March figure means that the index has been falling for 10 months..., compared to a 9 percent rise for higher income groups. It also found that the bottom three income groups
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Encouraging signs for Greek banks in Q1 results but NPL management looms large
Agorain the course of Q1 to 10 billion, which also entails lower fee expense since banks pay a fee of 115 basis... of their gross loans. In its credit outlook released on June 9, Moody’s said that Greek banks
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Lower foreign arrivals lead to 7 pct drop in April travel receipts
EconomyMacroeconomy. As a result, the travel surplus dropped by 10 percent to 279.6 million. The negative change in travel...-dingle digit growth of 9 percent was recorded in arrivals from the UK. On the flipside, arrivals from
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Coalition's proposal for PR electoral system unlikely to clinch supermajority
PoliticsGreek Politicsthis as an attempt to make up for its loss of support in older age groups. Like New Democracy, To Potami (10 MPs... (9 MPs) has said it will back the proposal on the table, while the intentions of Golden Dawn (18 MPs
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Lenders flag up minimum wage, trade union law among issues to be examined in next review
EconomyProgrammecurrently increases the minimum wage to 761 euros for those with 9 years of experience compared... percent of their workforce in a month, should rise to 10 percent. The creditors also favour
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TV permit auction drags on as coalition tries to draw line under ELSTAT controversy
PoliticsGreek Politicsof eurozone finance ministers. The Eurogroup is due to be held on September 9. Apart from wanting... to deliver his keynote speech on Saturday, September 10, just after the Eurogroup. On Thursday, he met
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Trade deficit expands by record 88.9 pct in July
EconomyMacroeconomyin July, while those to the EU decreased by 10 percent. In contrast, imports from EU countries rose by 27.2 percent, while those from non-EU countries rose at a slower pace of 9 percent. It should
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