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Greece gears up for second review, faces wide-ranging reform to-do list
EconomyProgrammeGreek society. The most significant actions relate to the labour market, resolution of non-performing loans (NPLs), privatisations, public administration, energy and business environment. Labour market... electricity market. Business environment-related prior actions include agreeing with the institutions
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Stournaras outlines conditions for strong 2017 growth, calls for debt relief measures soon
EconomyMacroeconomystressed that if Greek debt is deemed unsustainable, then the anticipated market access in 2018... (food services and accommodation) picked up during the crisis, increasing their market share both...) ratio climbed to 54.3 percent well above the average figure for the whole market, which stood
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Stocks rebound 1.5 pct during week, banks climb 4.6 pct
EconomyThe Greek stock market rebounded 1.5 percent this week after recording losses in the previous two... authorities are expected to set the tone in the domestic market. The Athens Stock Exchange general index... edged up to 40 million euros this week from 38 million in the previous week. Market news Foreign
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Greek stocks climb 5 pct on week led by double-digit bank gains
EconomyThe Greek equity market headed north for the second straight week recording gains of 5 percent... 17.9 percent. Despite a negative start in the first two days of the week, the domestic market... this week from 40 million in the previous week. Market news According to an announcement of the MSCI
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What Greece’s draft agreement with lenders foresees on labour and pension reforms
EconomyProgrammeLabour market reforms have proved one of the most complex issues in the second programme review... Eurogroup statement. The key labour market deliverables largely involve bringing collective dismissal... on most labour market reforms but that two issues were still open. The document also outlines a number
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ECJ decision on PPC’s lignite exploitation rights and future investments
Legalis not the reduction of PPC’s market share, but the significant increase of third-party access to lignite. This means... fulfill the commitment to open the retail electricity market and reduce PPC shares accordingly... of the overall effort for the restructuring and de-monopolising of the Greek electricity market. Nevertheless
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Stocks up 2.1 pct in last week of 2016 as year's performance turns positive for first time since 2013
EconomyThe Greek equity market stayed on positive ground in the last week of the year with gains of 2.1... on December 30, after losses of 23.6 percent in 2015, when banks lost almost 94 percent of their market... posted on February 11, the Greek market has rebounded by 46 percent. Its current level stands just
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S&P affirms Greece’s rating, outlook remains stable
Economy“an outsized intertemporal transfer from participants in Greece’s heavily taxed labour market to pensioners... and 3.2 percent in 2020. Its estimates are based on gradual strengthening of the labour market... labour market - reforms appears to be piecemeal, with limited success in attracting private foreign
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Positive deposit flow of 2.8 bln in Dec leads 2016 inflows to 4.2 bln
EconomyMacroeconomyThe Greek market posted notable inflows of 2.8 billion euros in December from a marginal positive... bonus to the private sector. In December 2015, the domestic market had recorded similar inflows of 2.65... flow of 989 million. Overall, deposit inflows in the Greek market stood at 4.2 billion euros within
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Stocks fall for fourth straight week amid lack of progress in talks with lenders
EconomyThe Greek stock market started the week tumbling 3.5 percent on Monday in the wake of the deadlock over the programme review. However, the market rebounded in the next sessions, ending the week down..., determining the market direction. The Athens Stock Exchange general index fell for the fourth straight week
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