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Tempe and subsidy scandal back in spotlight as MPs prepare to vote on latest probe
PoliticsGreek PoliticsTension is building ahead of Wednesday’s vote in Parliament on the proposed preliminary inquiries into the possible culpability of former transport ministers in the Tempe train crash. Three proposals have been submitted to the House for MPs to vote on. ...
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Despite soft hiring in June, six-month balance breaks record on back of seasonal jobs
EconomyMacroeconomyGreece’s employment balance was positive in June with 15,668 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in June last year had 23,961 more hires. This led to a year-on-year drop ...
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PM tries to steer agenda back to reforms as OPEKEPE scandal rumbles on
PoliticsGreek PoliticsA barrage of policy announcements by PM Kyriakos Mitsotakis have been overshadowed by the continuing stream of damaging revelations connecting New Democracy to organised fraud at the farm payments agency OPEKEPE. The resignation of a local party officia...
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Building on flurry of policy pledges, Mitsotakis vows to back research and innovation
PoliticsGreek PoliticsLooking to build on whatever momentum he has generated as a result of his recent policy announcements at the Thessaloniki International Fair (TIF), Prime Minister Kyriakos Mitsotakis has pledged greater emphasis on supporting innovation in Greece over t...
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Greece's primary surplus: Much ado about nothing?
Agoraimportantly its accounting standards are not the same as those used under the EAP definition. Unlike... the agreed with the troika EAP definition and not to record a primary surplus under any accounting
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How Greek banks' capital needs could be reduced by 2.3 bln
Economybillion related to the 2012 haircut of Greek bonds, or PSI. The breakdown shows Alpha’s accounting DTA... could potentially recognize in its accounting DTA the remaining amount of around 2 billion. The BoG
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Most services in Greece see turnover improve in Q1
EconomyMacroeconomyand accounting services (+11.9 percent). On the flipside, the 3 service activities that posted a drop in Q1... percent), employment (+10.7 percent), management consultancy (+10 percent) and legal and accounting
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Services sector turnover deteriorates in Q2
EconomyMacroeconomya double-digit growth with the highest led by legal and accounting (up 63 percent), architectural... growth, namely legal and accounting (+31.6 percent) and employment (+34.9 percent), while security
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Slight deterioration in services sector turnover in Q3
EconomyMacroeconomy. The biggest decrease was recorded by legal and accounting activities (-35.5 percent) followed by management... and accounting activities nosediving by 57.7 percent, management consultancy by 47.1 percent and advertising
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Central gov’t debt rises to 321.3 bln in Q4, financial aid loans at new high of 220.4 bln
Economywere kept almost stable at 59.71 billion in Q4, accounting for 18.6 of gross debt. GGBs held... accounting for 3.1 percent of debt. In addition, Bank of Greece holds loans of 3.79 billion, while special
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