Search
-
Houliarakis provides clearest view so far on Athens's debt relief expectations
EconomyProgrammeAlternate Finance Minister Giorgos Houliarakis made the current government’s clearest statement so... coalition went into such detail about Athens’s thinking on debt relief measures or presented findings... was that Houliarakis claimed that Greece’s fiscal targets could be reduced to realistic levels without
1% -
NBG elects chairman, HFSF calls time-out in dispute over management
EconomyBankingtemporarily ended. HFSF is NBG’s major shareholder, holding a stake of 40.39 percent, of which 38.92... was involved in politics in the last five years. The election at Wednesday’s BoD meeting was facilitated... the HFSF representative, voted in favour of Tsitsiragos. Following Wednesday’s election process, both
1% -
Record job departures in Oct but highest 10-month net hirings since 2001
EconomyMacroeconomyto 82,810 from 56,473 a year ago, data from the Labour Ministry’s Ergani information system displayed on Thursday. This year’s figure is by far the highest negative reading for October since 2001..., considerably higher than last year’s figure of 116,548. We also highlight that this year’s aggregate figure
1% -
Primary cash surplus to Oct at 4 bln, including arrears repayment of 2.2 bln
EconomyMacroeconomyGreece’s central government primary cash surplus fell by 875 million eurso to 3.97 billion... on Thursday. This year’s figure, though, incorporates arrears’ repayment of 2.24 billion euros compared..., well below last year’s figure of 2.17 billion. Moreover, the reported central government cash
1% -
Greece worst-performer in EU 28 for social justice
Societythan double the 2009 figure of 9.7 percent. In the report’s special sub-index on children and youth.... Also last in the dimension of social cohesion and non-discrimination. Greece’s Gini coefficient... for today’s young people as well as future generations are thus immense. At the same time, investment
1% -
New poll hurts coalition's recovery hopes as Turkey threat grows
PoliticsGreek PoliticsKonstantopoulou’s Sailing for Freedom right on the borderline. The other three parties seen getting... been escalating over the last few months. Following on from President Recep Tayyip Erdogan’s repeated... concerns about Turkey’s behaviour and the potential impact that the worsening relations between the EU
1% -
Greek stocks fall 1.5 pct on week, banks edge up 0.6 pct
Economyon the potential outcome of Monday’s Eurogroup, which will also determine next week’s performance. Overall, Greek... edging up 0.6 percent and extending the four-week gains to 27.2 percent. This week’s performance... turnover to 20.6 million, while EBITDA fell by 16.6 percent to 7 million. Folli-Follie’s net profits
1% -
Job departures at 37,667 in Nov, 11-month net hirings highest since 2001
EconomyMacroeconomy24,674 in the corresponding period last year, data from the Labour Ministry’s Ergani information system showed on Monday. This year’s figure is the highest negative reading for November since 2011... from last year’s figure of 91,874. Moreover, this year’s aggregate figure is the highest reading
1% -
The IMF and Greece's bitter pill
Agora- Greece’s latest European Stability Mechanism programme generates a degree of austerity...” this is not consistent with the ambitious long-term growth target. - “Greece’s debt is highly... on Monday night from the most unexpected of sources, when the head of the IMF’s European Division, Poul
1% -
Review delay brings Greek liquidity needs back into focus
EconomyProgramme’s liquidity needs to cover its debt redemptions. The country’s financing needs in 2017 (excluding T... short-term funding gaps. Since Q1 2014, repos have been one of the key components of the Greek state’s... finance the country’s debt obligations until June but not thereafter.
1%