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Stock market slips 1.4 pct dragged by huge bank losses
Economyof the first set of milestones and the European Stability Mechanism (ESM) disbursed the sub-tranche of 2... on the second set of prior actions Greece has to implement by mid December to unlock the next sub-tranche of 1 billion. The General Index of the Athens Stock Exchange landed at 649.79 on Friday, which
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A snapshot of the Greek economy
AgoraInflation: Eurostat announced that the inflation rate (Harmonised Index of Consumer Prices[1]) came... in the previous month. The annual growth rate of credit to the general government set at -3.4 percent from... and the annual growth rate set at 6.2 percent from 6.3 percent in December. To sum up, the 10-year bond issuance
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Newsletter 250 -11/05/2020
by the Commission set out a level The European Commission’s guidelines on reopening the tourism industry... to the public from Saturday as Greece is set to experience a brief heatwave. Although the next... is set to experience a brief heatwave. New Democracy is still mulling how to best satisfy café
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Newsletter 322 - 07/01/2022
mark to set a new daily record. Apart from the surge in cases caused by the new variant, fuelling... the start of the new term, which included scrapping the 50+1 pct rule for something more stringent... Democracy appears confident that the measures it has set out, and the apparently milder impact
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Mitsotakis targets inflation on path to elections in 2023
PoliticsGreek Politicsthe pandemic is waning. Getting over these twin menaces could set New Democracy up for a trouble-free... that the second instalment of the minimum wage increase will be implemented on May 1, which is earlier than... to move ahead quickly with the minimum wage increase, after the first instalment of 2 pct on Jan 1
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Newsletter 396 - 06/10/2023
Sunday between the two leading candidates. Male candidates are set to dominate the top spots... regions. However, former conservative minister Nikos Hardalias looks set to take the most significant... for handouts or support initiatives, however the Finance Ministry held back and will now set
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Newsletter 425 - 31/05/2024
to be considering a reduction of up to 1 percentage point in employers’ contributions, which Mitsotakis said... powers to set limits within certain geographical areas and Mitsotakis stressed that the specific... on changing the structural characteristics of the country’s economic model. The latest set of data
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Mitsotakis looks to last-minute announcements to top up lean TIF offerings
PoliticsGreek Politicsto his set-piece address due to be delivered on Saturday, leaks to the media have sketched out a set... to the tune of 1 billion euros, pension increases which will absorb another 1 billion euros, and defence... forward cuts to social security contributions. Mitsotakis is already set to announce a cut of half
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Newsletter 517 - 11/09/2026
PoliticsMitsotakis and Tsipras set out rival offers as public reaction remains coolThis year’s... are targeted for a 30% reduction over three years, and the minimum wage is set to reach €1,000 in January... a “Patriotic Contribution” — a 1% annual levy on the net wealth of the richest 1% of Greeks. Families would
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Gov't submits multi-bill to pave way for next bailout tranches
EconomyProgrammethe emergency procedure in Parliament on Tuesday evening the omnibus bill with the last set of pending... for each child. According to the Finance Ministry, the income threshold was set at 8,180 euros... euros. The taxable property value limit for those households was set at 180,000 euros for singles
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