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  1. Countdown begins for multi-bill, coalition eyes minimum wage increase
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    for low-income pensioners that will be worse off next year as a result of reductions to the EKAS... of around 1 billion euros at the end of the year after revenues performed better than expected... for debts of up to 50,000 euros to social security funds would be issued before the end of the year. Earlier

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  2. Industrial production shows growth of 0.8 pct in November
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , and came to 93.83 for November. The aggregate figure for the first 11 months of the year showed... that in the year to date, industry confidence has improved by 5.9 points. Additionally, the Markit Manufacturing PMI stayed over the 50-point benchmark for a seventh consecutive month this year

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  3. Athens set to profit from falling borrowing costs as yields drop ahead of review completion
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    following much volatility in the first half of the year as the second programme review remained deadlocked.... This time last year, Greece’s borrowing costs were substantially higher across the curve. The yield on the 10-year benchmark stood at 6.9 percent. By mid-June last year, when the Eurogroup

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  4. Grand projects and even loftier ambitions drive Greece's energy project bonanza
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyFeatures

    pot of funding over the current five-year period. A key goal of this framework is to promote... in 2020, it will have an initial capacity to deliver 10 bcm of Caspian gas per year... metres per year. The project passed a technical feasibility study in 2016, and was ratified

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  5. European Commission keeps DSA broadly same, stresses need for relief

    EconomyProgramme

    percent of GDP this year and maintain it until 2022, reduced by half a percentage point each year to 2.2... and the waiver of the step-up interest rate margin were implemented at the start of last year

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  6. Kammenos dismisses talk of coalition rift but maintains Macedonia name objections
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Minister Alexis Tsipras for a four-year term. Kammenos made the comments after chairing a meeting... the four-year term is up,” said Kammenos after speaking with his MPs, who seem to share his position.... While Kammenos insisted on Monday that he wants to see out a full four-year term with SYRIZA

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  7. Trade deficit falls by 0.8 pct in December, total imports outpace exports for 2017
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    in December rose by 12.1 percent year-on-year (YoY) while imports rose by 6.8 percent. However... by imports (+13.7 percent) slightly outpacing exports (+13.2 percent). The absolute values for the year

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  8. Car sales rise by 44.3 pct in January

    EconomyMacroeconomy

    of 79.6 percent year-on-year to 1,909 motorcycles. The aggregate figure for the full-year of 2017

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  9. BoG looks at other programme exits and options available to Athens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    in January 2014, Portugal in June of the same year and Cyprus in March 2016. The post-programme... 6-year bond issue just one year after the programme via a private placement. In 2014 and 2015... line only has an initial period of one year, which can be extended by two semesters and will only

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  10. Trade deficit falls by 14.8 pct in January on sharp rise in exports
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    by 18.5 percent year-on-year (YoY) while imports rose by 1.1 percent. The corresponding absolute...) slightly outpacing exports (+13.2 percent). The absolute values for the year stood at 50.26

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