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European Commission paper highlights challenges for Greek exports
Economymaking up for the initial loss within three years or less, Greek exports have recovered only... of Greek institutions up to the EU/OECD average would close the Greek competitiveness gap by between 54... assessments further. According to the paper, progress so far needs to be followed up with resolute further
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Political tremors shake Spain, overshadow economic progress
Agoraministries in up to three different socialist governments. Having contemplated their result... with money laundering and fiscal fraud. If she goes to trial and the appeal is rejected, she could face up... up to 1.2 percent this year from last year’s 1.2 percent contraction, the Spanish government’s
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End of troika in Greece would create new challenges for coalition
PoliticsGreek Politicsdraw up its own six-year reform programme, which would be rubber stamped by the EU and then monitored... the capacity at this stage to draw up a reform plan that stretches as far ahead as six years. Also... and desire to draw up a scheme that would meet with the EU’s approval. Signs of tiredness have been visible
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Finance Ministry scrambles to correct property tax after error-strewn debut
EconomyMacroeconomyof those cases, this resulted in the calculation of a property value up to 10 times higher than... decided that the MoF would recalculate the value of the relevant properties and come up.... These include those with annual income up to 9,000 euros and who own properties with a surface area
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Strong tourism season confirmed by Q2 accommodation turnover
EconomyMacroeconomy5.24 million last year. The highest increase was posted by tourists from the UK (up 33.8 percent), USA (up 22 percent) and France (up 15.1 percent). On the flipside, arrivals from Germany exhibited... and September, arrivals during this 5-month period made up 82 percent of last year’s arrivals. Following
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The television will not be revolutionised
Agoraon the result.” Using the government’s own yardstick, things are not stacking up particularly... that the process had been opened up to the political influence that Athens had pledged to eradicate. “The new... be given their jobs back. Through no fault of its employees, NERIT has built up a rather sorry rap
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Samaras seeks vote of confidence and moment of history
AgoraSquare and dictator Nicolae Ceauşescu was executed in Romania. It is right up there with the world’s... Democracy and PASOK MPs who voiced their frustrations with increasing gusto to put up or shut up, at least... to occur: - The current troika review to be wrapped up relatively painlessly, without a need to take more
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What are SYRIZA's plans for Greek banks if it comes to power?
Economyof share capital, merger, split-up or winding up of the bank, as well as sale of assets or group... million euros) and corporate non-performing loans (NPLs), also involving a haircut up to 50 percent... residences worth up to 300,000 euros (which expires at the end of this year) will be extended
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The possible scenarios for avoiding snap elections in Greece
PoliticsGreek Politicsif it is to have any chance of avoiding early election. Although the coalition might pick up a few extra... himself to help the prime minister but there would have to be some kind of back up plan in place..., it should be remembered that George Papandreou was forced to give up the premiership in similar
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So far and yet so near for Greece and eurozone after second abortive Eurogroup
PoliticsGreek Politicsand, in essence, the two sides do not seem to be far apart from a deal. The early break-up... academic as the Commission is not responsible for drawing up the texts, although it can put forward...” to “bridge the time for the Greek authorities and the Eurogroup to work on a follow-up arrangement
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