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Last bailout tranche just days away as pension discussion looms
EconomyProgrammeit, other European officials have suggested that the commitments Greece has made need to be adhered... to some unnecessary austerity measures being adopted, he said. Liakos added that the current
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PDMA sets out plans to build on recent market forays with bond issues in 2019
EconomyGreece’s Public Debt Management Agency (PDMA) issued this week its finance strategy for next year, which also outlines how the country’s market access since the summer of 2017 has been progressively..., the result of various swap exercises and debt management measures by the ESM is that 85 percent of total
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Deliberations over primary residence bill set to delay green light from Eurogroup
EconomyProgrammescheme would be its ability to bring down the redefault rate, which has been above the cure rate...The chances of Greece securing the eurozone’s approval for almost 1 billion euros in debt relief measures at Monday’s Eurogroup appear slim as Athens and the institutions had not settled
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Preventative medicine, support for vulnerable form backbone of ND healthcare package
PoliticsGreek Politicswith over 1,000 nurses being recruited. Although Greece has a high ratio of doctors to the general... measures would be put in place to also minimise the impact of the rebate and clawback mechanism
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New government sets sights on sustainable and wide-reaching tourism industry
EconomyGreece’s new tourism minister, Haris Theocharis, has said that Greece needs a ten-year plan to boost the country’s vital tourism sector. Noting the stability of the tourism industry in recent years... of the market. Senior tourism would also be made a priority. These measures would be coordinated with key
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Mitsotakis to continue advertising change on latest EU trip, at Thessaloniki Expo
PoliticsGreek Politicsto his appearance at the Thessaloniki Expo this weekend. New Democracy has been putting a positive... to contain a number of measures to boost the property market, including 40-50 percent tax relief
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Alpha Bank posts net profits of 97.1 mln in 2019
EconomyBankingNeptune is further along the process. The bank noted that the coronavirus crisis has decreased... with discipline all appropriate measures to minimise risks, in line with the evolving situation,” he said. He
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Covid-19 impact on tourism sector set to be extensive, report suggests
EconomyFeaturesThe research arm of the Association of Greek Tourism Enterprises (INSETE) has conducted a study to estimate the impact of the coronavirus on the country’s vital tourism industry. The study examined... the quarantine measures in Greece will be lifted. Main markets Looking at five main tourism markets, INSETE noted
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Industrial turnover drops by 2.4 pct in February
EconomyMacroeconomyfell by 1.4 points month-on-month to stand at 3.1 points. Year-on-year, industry confidence has..., driven by measures taken to curb the spread of the coronavirus. A sharp fall in output was noted
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Fitch keeps Greece at 'BB' but revises outlook to stable with eye on Covid-19 impact
Economypile of NPLs that plague the balance sheets of domestic banks. Although the asset quality has improved... Fitch sees contracting by 8.1 pct this year, due to the restrictive measures to contain
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