Search
-
Unemployment rate edges down to 23.4 pct in June, lowest since March 2012
EconomyMacroeconomymillion. It is worth noting that the number of employed has grown by 61,700 over the last twelve months, but has been rising at decelerating pace over the last three months. In addition, the number of unemployed has declined by 73,500 over the same 12-month period. ELSTAT figures show that the non
2% -
Eurosystem funding falls by another 4.4 bln in August
EconomyMacroeconomyrepos, according to market sources. It is worth noting that the ELA funding has been trimmed..., Eurosystem funding has been reduced by 48.12 billion euros since the end of June 2015, mostly due to a decrease in the ELA funding by 37.87 billion, while ECB funding has retreated by 10.24 billion over
2% -
Mitsotakis uses tax cut pledge as driving force in effort to provide alternative
PoliticsGreek Politicsthat the cost of each measure has been calculated and that the proposals are realistic. The aim..., which has been identified in the media and public conscience with the recent raft of tax rises that aim... by, including the unemployed and civil servants (two groups that New Democracy has not polled
2% -
A market for NPL resolution
Agoraobligations, lending to such firms has all but collapsed. But this deterioration has also fed... materialise. The Hellenic Financial Stability Fund (HFSF) has identified numerous legal, judicial
2% -
Government tries to limit damage from corruption claims but more tests lie ahead
PoliticsGreek Politicsa transparent and fair auction for TV licences, the Greek government has started to hit back against accusations... be the chink in Tsipras’s armour. The state minister is the premier’s closest adviser and has been... recovery could be higher than the 2.7 percent of GDP that has been forecasted. He stressed the important
2% -
Opinion polls sound warning for SYRIZA ahead of party congress
PoliticsGreek Politicsto rally SYRIZA members before the congress. A simpler explanation could be that Public Issue has... that this is the highest figure Public Issue has seen during the Greek crisis and flagged this up as an important trend... of respondents in the same poll do not believe that New Democracy has more to offer than the current
2% -
Tsipras encounters SYRIZA resistance, waits for court verdict on TV licences
PoliticsGreek PoliticsPrime Minister Alexis Tsipras has been given a reminder by his party that he will not have it all... the liberalisation of the energy market that has been agreed with the lenders. The stance of the 53... licencing procedure, which he took it upon himself to oversee, has weakened his position and triggered
2% -
Bank credit contracts by 1.7 pct in September on loan deductions of 355 million
EconomyMacroeconomyin August. Since the beginning of the year, the corporate lending sector has recorded deductions... has remained persistently negative since the beginning of 2011 with cumulative deductions of around 40 billion dragging loan balances down 23 percent over this period. Consumer credit has posted
2% -
Economic sentiment and consumer confidence markedly improve in October
EconomyMacroeconomyin October, which is the highest reading since March 2015, while has recorded gains of 6.2 points... the beginning of the year, it has soared by 17.9 points. The industry confidence rebounded by 1.5 points... months, the retail trade indicator has posted the most notable rise of 26 points followed by the services
2% -
New Democracy seeks higher ground in escalating TV permits row
PoliticsGreek Politicsthat the watchdog could assume its duties. Polydoras, however, has long split from the conservative party. He... court’s full ruling before deciding on how to launch a new licencing scheme. New Democracy has... Democracy has decided to present itself as the party that will defend Greece’s institutions
2%