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Wages index down by 0.1 pct in Q4 2019
EconomyMacroeconomy(ELSTAT) figures revealed on Thursday. The annual index has remained negative for two consecutive... quarter, the index has been above the 100-point mark since Q1 of 2017, equal to 11 consecutive quarters. It has also stayed above the 105-point mark for six consecutive quarters. The index’s record high
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Athens on lookout as Ankara ramps up rhetoric and activity
PoliticsForeign PolicyGreece feels that over the last few days there has been a notable increase in Turkey aggressiveness... to have forgotten that the European Court of Human Rights has found multiple violations by Greece in this regard,” Aksoy noted. Ankara clearly has no intention of using diplomatic rhetoric during
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E-commerce businesses report drop in sales due to Covid-19
EconomyFeaturesThe impact of the coronavirus, which has led to the shuttering of most retail stores, has also...) has released a study showing that online orders for businesses apart from supermarkets... month-on-month and came to -4.8 in February. Compared to February 2019, consumer confidence has shown
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ND hopes economy will pick up as second stage of lockdown easing begins
PoliticsGreek Politicsof the coronavirus crisis on households but also limiting the public finances that the government has to make... Staikouras have already made it clear to the public that the government has limited financial.... The monitoring will be much lighter than Greece has been used to during its MoUs and the enhanced
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Haftar defeats prompt Athens to take fresh look at Libya crisis
PoliticsForeign Policyby Turkey has scored some victories over Field Marshal Khalifa Haftar, are causing concern in Athens... what is going on in Libya, whose future has become unpredictable. The Greek side turned to Marshall... he has made regarding this matter, but he has also acknowledged that the situation in Libya
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Greece issues new 10 yr bond as investor appetite returns
Economyof Tuesday’s issue. The yield achieved in the new 2030 GGB is the lowest that Greece has achieved... and cover funding needs to support the economy after the pandemic crisis which has led to an overall... Tuesday’s transaction that takes the issues to date at 7.5 billion euros, the PDMA has essentially
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Wages index up by 0.8 pct in Q1 2020
EconomyMacroeconomyAuthority (ELSTAT) figures revealed on Tuesday. The annual index has returned to positive territory..., the index has been above the 100-point mark since Q1 of 2017, equal to 12 consecutive quarters. It has also... in the previous quarter. Since its peak, the index has declined by a quarter on the back
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Novartis scandal causes allegations between govt and opposition to fly
PoliticsGreek Politicscharges against him emerging from the Swissleaks case. The dialogue, which has been described as “explosive” by government sources, and a partial transcript of which has been released to the press... recovering lost tax revenues was a national priority. SYRIZA, meanwhile, has been trying to draw attention
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Episode 6 - Greece's rugged media landscape
Agora. We'll be asking why the public has little trust in the country's media and examining what difficulties... of the obstacles his organisation has to overcome. Our host, Nick Malkoutzis, has a discussion... the spirt of our long-running blog section, The Agora, which has been a forum for discussing all kinds
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Contribution made by privatisations to GDP since 2010 underlined in new study
EconomyFeaturesGreece’s Foundation for Economic and Industrial research (IOBE) has presented a new study which... leads to positive effects on employment and budget revenues and has a broad multiplier effect on GDP... of revenue coming from the container piers. IOBE said that the privatisation of PPA has already led
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