Search
-
After agreeing measures, coalition sets sights on vote and debt relief deal
PoliticsGreek Politicsseveral hours after the negotiations at Athens’s Hilton hotel had been wrapped up, government...’s QE programme and a return to the international markets, a pledge from the eurozone to restructure... boost. New Democracy’s line of attack on Tuesday emphasised this point. The conservatives accused
1% -
Timetable set for multi-bill vote, Athens hopes for debt progress in meantime
PoliticsGreek Politicsagreement between Greece’s lenders will look like by the time they vote on the draft legislation next... that will be considered and a broad pledge, at best, rather than a detailed plan to make Greece’s debt sustainable... was one of 13 members of SYRIZA’s central committee that recently voiced concerns about the agreement
1% -
Greece tries to navigate through uncertainty in Western Balkans
PoliticsForeign Policyinto the assembly after the Social Democrat party and others representing FYROM’s Albanian ethnic minority voted..., triggering a political crisis in the country. The Greek government’s initial reaction has been to maintain contact with former Prime Minister Nikola Gruevski’s administration. This is why Foreign
1% -
Ahead of vote, Tsakalotos appeals to SYRIZA MPs with positive message
PoliticsGreek Politicsa single person’s threshold falling from around 8,600 euros to nearly 5,600, would not be as dramatic... and providing nursery places for all children. The government’s decision to reduce VAT on farming products appears an attempt to steal Mitsotakis’s thunder and put New Democracy in the difficult position
1% -
Govt hopes counter-measures, debt relief talks enough to escape multi-bill maelstrom
PoliticsGreek Politicsthe focus to the overall balance of the package. The prime minister’s office issued a non-paper over... will cling on to in the coming days as they come under attack from the opposition ahead of Thursday’s... this year’s growth projection to just 1.8 percent of GDP, which is lower than the European
1% -
Q1 GDP down by mild 0.1 QoQ, hinting at impact of drawn-out review
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP fell marginally by 0.1 percent quarter on quarter (QoQ... are a rise in private consumption by 1.3 percent, which retains the lion’s share (it makes up... Moody’s said in early May that it anticipates a slower GDP recovery of 1.5 percent for 2017.
1% -
The SEKAP case and extrajudicial debt restructuring
Legaloriginated from the company’s factory. This case cost the Greek state millions in taxes and duties. Given... as equivalent to a non-repayable grant, constituting incompatible state aid. At this point, it’s worth... practice areas, while meeting today’s corporate needs for stable support and strategic design.
1% -
Eurobank stays profitable in Q1 with net earnings of 36.5 mln
EconomyBankinglending and network fees. Going forward, the management expects single-digit growth in the bank’s core... at 244.5 million. The Greek figure declined at a faster pace by 4.9 percent. The bank’s network... of around 20 bps on capital ratios. The management also said that the bank’s international assets are due
1% -
Budget primary surplus of 1.73 bln outperforms target, tax revenues fall short in April
EconomyMacroeconomy, down by 9.4 percent from last year’s figure of 1.9 billion. The figure was 928 million euros above the target, the Finance Ministry’s (MoF) final budget execution bulletin showed on Wednesday.... As a result, the PIB balance reported a surplus of 207 million, down by more than 79 percent from last year’s
1% -
Stocks record weekly losses of 0.7 pct in wake of inconclusive Eurogroup
Economy’s inconclusive Eurogroup. Stocks were down by a total of 2.9 percent on Tuesday and Wednesday...) of Hellenic Petroleum was postponed for Jun 23 following a request made by the company’s major shareholder Paneuropean Oil, which controls a stake of 45.5 percent. S&P upgraded Titan’s long-term rating
1%