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The whole truth and nothing but the truth
Agora. The latter charge has repeatedly been proven to be preposterous and based on numbers that do not add up... minister or finance minister, and that a member of the government back this up in court, should... that the matter is being covered up. Those who shouted “Long Live Greece” and various other things
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Coalition returns to work with one eye on centre-left leadership contest
PoliticsGreek Politicsthat the government has not lived up to its pledge to implement the measure. Tsipras reportedly said that this issue would be taken up in the discussions with the lenders as part of the third review. This is the only...-left parties, where the effort to create an alliance under one leader is expected to pick up
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Greek household expenditure falls by another 2.5 pct in 2016
Society). Among food items, meat accounted for the largest percentage of food expenditure at 22.5 percent, up slightly from last year’s figure of 22.3 percent. The lowest food expenditure was taken up by other... expenditure. Households with two adults and two children aged up to 16 years spent around 40 percent more
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Budget primary surplus at 4.5 bln in 9-month, below target on lower revenues, higher tax refunds
EconomyMacroeconomyto 958 million euros, picking up pace from August’s figure of 520 million euros. The budget balance... by 76 million euros. Revenues Gross revenues went up by 1.6 percent in September, staying positive... billion euros, up substantially against the figure for this time last year (71 million) but still
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Budget primary surplus of 4.54 bln in 9-month below target despite underspend
EconomyMacroeconomyin a row to come to 999 million euros, picking up pace from August’s figure of 520 million euros... percent. Revenues Gross revenues went up by 2.3 percent in September, staying positive for a third... on an aggregate basis. Privatisation proceeds in the aggregate period came to 1.27 billion euros, up
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Newsletter 137 -27/10/2017
will be wrapped up without any major complications. Negotiations appeared to progress satisfactorily... to vote on a strike increases to 50 percent. Currently only a third of paid up members have to cast... revenues went up by 2.3 percent, staying positive for a third straight month, and came to 5.73
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Grivalia Properties net profits rise by 87 percent in nine-month results
EconomyMacroeconomyof the group’s activities showed that rental income stood at 48.1 million, up by 5 percent against last year’s... euros versus 490,000 euros, up by around 49 percent. This was attributed to more efficient cash management. Finance costs amounted to 3.1 million, up by 170 percent compared to the figure for last year
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Clearer picture emerging ahead of stress tests, banks appear confident
EconomyBankingAs Greece’s banks gear up for the stress tests at the start of next year, a clearer picture is emerging as the Troubled Assets Review (TAR) is underway and banks are firming up their assessments... in provisioning needs of around 6.5 billion euros, which lenders have already started building up. This cushion
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ECB survey shows enduring preference for cash payments in Greece
EconomyFeaturesof sale].” Across the countries surveyed, cash transactions made up 79 percent of all transactions... were less likely than the euro-area average to save money at home as a back-up. The report points... be a reflection of the retail characteristics of Greece - while card ownership went up significantly after
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Number of private sector employees rises in 2017 but wages fall
EconomyMacroeconomywere small operations with up to four employees. Firms employing between five and nine employees made up around 13.9 percent of the total, those hiring between 10 and 49 employees accounted for 11.1.... Around 41.6 percent received a salary up to 1,000 euros, 19.9 percent between 1,000 and 1,500 euros
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