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Banks see efficiency gains after shedding 29 pct of staff, 42.6 pct of branches during crisis
EconomyBankingmonth, opening of new deposit accounts, withdrawal of up to 60 percent (from 30 percent currently) of the money transferred to a Greek bank account from abroad and money transfers abroad up to 2,000 per
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Russia sanctions, regional diplomacy dominate Tsipras visit to Ukraine
PoliticsForeign Policyto take place in 2017. According to diplomatic sources, time is pressing “if we take into account... of fruit: Greece accounts for 40 percent of Russia’s total strawberry imports and 25 percent
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These were the key drivers behind Greece's strong fiscal performance in 2016
EconomyMacroeconomybillion. On the expenditure front, social benefits, which account for almost half of primary...The publication of the general government’s non-financial sector accounts on Monday has provided more insight regarding the key drivers of the fiscal performance in 2016, which was confirmed
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Newsletter 118 - 12/05/2017
of 1.75 and 3.5 percent, respectively, taking into account the fiscal package worth 3 percent of GDP... and quarrying production, which accounts for just a fraction of the total index, soared 34.3 percent
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Finance Ministry publishes roadmap for relaxation of capital controls
EconomyMacroeconomyfor opening a new Greek bank account for the first time. A similar lifting of restrictions for companies... of bank accounts by all individuals and corporations, a gradual increase in the cash withdrawal
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Greece's open floodgates
Agora(also of SYRIZA) is in charge. The local and central government need to be held to account over.... Meanwhile, in terms of fixed capital formation in the national accounts, “other construction” (which
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Newsletter 152 -23/02/2018
deficit to deepen by 233.4 million year-on-year Greece’s current account (C/A) balance recorded a deficit... investigation, such as asking for the opening of bank accounts. Once its findings are published, Parliament
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Newsletter 175 -21/09/2018
Tourism numbers boost services surplus for month’s strong performance Greece’s current account (C... have shown. The headline figure includes a 15.26-billion-euro change in state accounts with the Bank
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Tsipras encounters obstacle in efforts to secure church deal
PoliticsGreek Politicsclaimed that it wants to hold past administrations to account for the corruption that contributed... for the details of bank accounts belonging to former prime minister Kostas Simitis (PASOK), family members
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Greek tourism building strength but needs to diversify, PWC study finds
EconomyFeaturesaccount for 85 percent of all hotels. Hotels at main destinations have a significantly higher... of the market originates from Airbnb. Most registered rentals are located in Crete, which accounts for 30
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