Search
-
Greek stocks rebound 1.9 pct during week but fail to match European markets
EconomyCorporation’s (PPC) annual general meeting of June 30 was postponed due disruption by the employees...’s indirect stake in the bank’s share capital reached 5.01 percent, excluding Hellenic Financial
1% -
General government primary cash surplus widens to 2.5 bln by May, arrears resume upward trend
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus substantially widened by almost 5.5 times...) improved modestly by 40 million. In contrast, local government’s figure fell by 32 million from last..., according to the European Commission’s compliance report of the first programme review. Debt The central
1% -
IMF sets out key priorities for Greece, including labour market flexibility
Economywith the EU’s best practices. In an interview with Epsilon TV, Labour Minister Giorgos Katrougkalos... that “the government’s aim is the minimum salary to be determined by employers and employees.” It appears..., Greece’s share of senior workers was the 16th highest among 20 European countries. The report also
1% -
Tsipras faces challenge in turning promise of China trip into reality
PoliticsForeign Policya useful role in developing China’s relations with the European Union. Diplomatic sources indicate... few weeks. The fragility of Greece’s relationship with the Chinese giant was underlined by a weekend... COSCO to take over the troubled Hellenic Shipyards. However, the company’s immediate focus seems
1% -
Siemens trial hitch ratchets up tension between coalition and judiciary
PoliticsGreek Politics’ trust in Greece’s main parties, PASOK and New Democracy, in the past, has reared its head again... the trial from concluding. Meanwhile, the government’s attack on the judiciary is not the first such incident. The coalition has had a prickly relationship with the country’s judges and prosecutors
1% -
Greece lagging in EU innovation rankings
Economyin 2015. Greece’s performance relative to the EU average hovered between 72 and 74 percent... respectively. In contrast, Greece’s performance is particularly lagging in Finance and Support as well..., Greece’s performance is way below its European peers in venture capital investments (at just 1
1% -
Parliament's budget office sees risks to economic recovery
EconomyMacroeconomywill, in the PBO’s view, reduce the interference of politics in public finances and wealth and therefore... not be able to pay the increased obligations. The report also underscores that, despite the government’s... the government’s prospects. The first relates to the anticipated economic recovery. The PBO believes
1% -
Current account deficit widens to 412 mln in May
EconomyMacroeconomyand T-Bills. The aggregate figures for the 5-month period displayed resident’s net external assets.... The comparison with last year’s figure shows a marked rise by 1.43 billion from last May’s figure
1% -
Government eases capital controls further, aiming to restore depositor confidence
Economymeasures by the European Central Bank’s governing council on Thursday. Earlier last week.... Appearing before Parliament’s economic affairs committee on July 11, Stournaras noted that a third... review on Greece published on Friday, S&P noted that it could upgrade the country’s rating if capital
1% -
Majority of Greeks now view EU in bad light, survey indicates
Society), where the EU’s image was predominantly neutral in autumn 2015, in perceiving the EU in a negative light... was the second most-frequently mentioned item, the EU’s economic situation was a concern for 35 percent... economy, only three percent of Greeks who view Greece’s economy in a positive light. In this question
1%