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Censure motion voted down, prompting government and opposition to claim victory
PoliticsGreek Politics-disguised attempt to allow Greek banks to snatch primary residences from the hands of borrowers who have... the way of the protection of primary residences, initially put in place in 2010 in the form
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Newsletter 271 -30/10/2020
-disguised attempt to allow Greek banks to snatch primary residences from the hands of borrowers who... paved the way for the protection of primary residences, initially put in place in 2010 in the form
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Growing Covid threat foils government's attempt to look ahead
PoliticsGreek Politicsforeclosures of primary residences owned by families under financial pressure. Auctions have resumed... include primary residences of vulnerable homes as collateral damage. So far, banks have unofficially
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Outrage at Sunak snub mixed with unease at PM's handling of Marbles talks
PoliticsGreek Politicsthe legislation on the grounds that it provides no protection for primary residences and does not require full... for debtors and a more prominent role for the state in deciding the fate of primary residences
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BoG shows lower deposit rates and a sharper drop in loan rates in June
EconomyMacroeconomyΤhe interest rate on households’ new time deposits dropped another 14 basis points (bps) to 2.39 percent in June, according to the Bank of Greece (BoG). In contrast to the first quarter of the year, when this rate remained stable, it posted a 42 bps decline in the second quarter of the year
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GSEE report stresses risks on employment and the pension system, outlines burden on wages
Society-controlled corporate profits, public works, casinos and public procurement. Τhe report is explicit
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Car sales still going strong in 2014; up by 33.7 pct in October
EconomyMacroeconomyΤhe rate of growth in the number of road motor vehicles going into circulation for the first time at dipped to 33.7 percent in October from 44.3 percent in September, according to the Hellenic Statistical Authority (ELSTAT). October was the sixth straight month with a double-digit reading
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Rise in Greek car sales slows to 7.5 pct in November
EconomyMacroeconomyΤhe rate of increase in the number of road motor vehicles going into circulation for the first time slowed to 7.5 percent in November from 33.7 percent in October, according to the Hellenic Statistical Authority (ELSTAT). The November headline figure is the second single-digit reading in 2014 All
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Growth in car sales peaks in December with rise of 69.3 pct
EconomyMacroeconomyΤhe growth rate in the number of road motor vehicles going into circulation for the first time accelerated to 69.3 percent in December from 7.5 percent in November, according to the Hellenic Statistical Authority (ELSTAT). December’s figure is highest reading since 2002 (from when data is available
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Greek economic sentiment down in January but consumer confidence rises
EconomyMacroeconomy. In addition, January’s reading stands 8.9 points lower from the high of 104.2 recorded in June 2014. Τhe
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