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New overdue taxes rise by 857 mln in November, total legacy and new debt at 105.5 bln
EconomyMacroeconomywas for the large part driven by rises in new debt. Total debt has remained above the 100-billion... 82.2 percent in October. The aggregate rate of collectibility came to 80.7 percent. The IAPR has set
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Piraeus eyes major NPE deal as banks remain focused on bad loans
EconomyMacroeconomyof the 500 million euros Tier II issue that the bank has planned to raise capital as part of its... the economy to normalcy, positive sentiment has sprung from the fact that international bidders have shown
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Tsipras and Kammenos ready to call time on coalition after agreeing Friday meeting
PoliticsGreek Politicsand it was decided that they would meet as soon as German Chancellor Angela Merkel has completed her two-day... has seven) it will lose its rights as a parliamentary group in the House so Kammenos finds himself
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Record year for company launches in 2018, small enterprises continue to dominate
EconomyFeaturesData from the General Commercial Register database (GEMI) has shown that 2018 was a bumper year for companies being launched in Greece compared to companies being closed with the highest balance... as many, 653, left the register. Since 2014, company formation for SAs has been consistently
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December hirings balance positive by 5,970 with annual balance for 2018 up by 141,003 places
EconomyMacroeconomyof December noted since 2001. December has normally been characterised by a negative employment balance... departures. The Greek job market in recent years has been characterised by a shift towards part-time
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Minimum wage increase set for end of January amid concerns about economic impact
Economyfaces a very delicate fiscal balancing act going forward, and more than one voice has warned about... will be the first in around a decade. However, the timing of the announcement has been noted with interest
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Pension outlay still falling, 40.4 pct of main monthly payments below 500 euros
EconomyMacroeconomypension in September was claimed by those under 25, at 359,35 euros. Fiscal impact The government has... of judges has referred the matter to the court’s plenary because of the seriousness of the case
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Tsipras set to secure support for name deal after delay to vote
PoliticsGreek Politicsthe compromise with FYROM now is because it has been achieved by Tsipras and the SYRIZA government... registers support above 2 percent. The proportion of undecided voters has risen from 11.5 percent to 13.5
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Name deal approved as Tsipras and Mitsotakis look ahead to political impact
PoliticsGreek Politicsand will give a further boost to the European perspective of the region.” Tsipras has long viewed... has attempted to isolate nationalist voices and to draw links between the positions held by New
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BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
EconomyBankinghas also put forward a proposal by the Hellenic Financial Stability Fund (HFSF), which involves... of the BoG, Yiannis Stournaras, has said that banks will support the adoption of whichever of the two
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