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More changes needed to unlock private sector's potential, report says
EconomyFeaturesadded affected micro firms (less than ten employees) the most but also impacted small businesses (ten to 49 employees),” they add. “By 2017, the nominal gross value added had fallen to around 40... generate a slightly higher share of value added than ten years ago, the share of technology
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Newsletter 277 -11/12/2020
billion euros in the first ten months of the year compared to a surplus of 5.64 billion in the same... ten months, revenues decreased by 9.9 percent YoY to 60.82 billion. In absolute terms, the greatest... decline The aggregate figure for the first ten months of the year showed that the trade deficit
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Current account deficit increases to 767.4 mln in Oct as service surplus shrinks
EconomyMacroeconomybillion, landing at 3.34 billion in the ten months. Travel receipts fell 4.04 billion euros, compared... a deficit of 107.8 million last year. In the ten months of the year, the primary income account had... a deficit of 8.2 million last year. In the ten months, the surplus was 1.84 billion, from just
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Govt unveils new Covid support measures amid growing public anxiety
PoliticsGreek Politics. An overwhelming majority of respondents – eight in ten – said that they did not have access to any state support during the pandemic, while six in ten said they did not have access to bank credit. While the government is pinning its hopes on EU funds for the post-pandemic recovery, eight out of ten respondents
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Current account deficit widens to 780.8 mln in Oct, led by deterioration in goods balance
EconomyMacroeconomyyear as it stands at 6.37 billion euros in the first ten months, from 9.09 billion euros up to October... jumped to 31.65 billion, from 23.61 billion euros in the ten months of 2020. Imports also soared... million, from a deficit of 26.5 million in October last year. In the first ten months of the year
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Alpha Bank reports H1 profits of 267.4 mln on one-off item
EconomyBankingtwo figures for Greek banks’ potential capital shortfalls: One under the static model and one under the dynamic model, which will incorporate the restructuring plans approved by the DG Comp in July
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Eurobank reports net loss of 301.1 mln in Q2
EconomyBankingthe static model and the dynamic model (based on the restructuring plan approved by the EU DG Comp) could
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Greece prepares reforms list, eyes solution to liquidity shortage
EconomyProgrammecompanies. According to Kathimerini, the shareholding model of Athens International Airport, where the state controls 55 percent and private investors 45 percent as well as the management is a model
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Mitsotakis takes first step in remoulding New Democracy
PoliticsGreek Politicsand the adoption of the Israeli model for cultivating innovation. The conservative chief also... system, allowing museums to adopt the self-management model used by the Acropolis Museum, allowing public
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Creating a competitive natural gas market: Legal aspects and investment opportunities
Legalthe model of the Independent Transmission Operator. Relatively recently, Law no. 4336/2015 amended... transportation services - including also a framework model contract for the import, transport and use of LNG
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