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Despite sharp increase in Dec, current account deficit improves markedly in 2025 to 14.11 bln
EconomyMacroeconomyto 7.57 billion euros in December, from 7.01 billion last year. At the same time, total exports came
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Cosco's 369 mln Piraeus Port improved bid accepted, seals latest privatisation
EconomyBankingstands at 368.5 million, which corresponds to 22 euros per share at a marked premium of 70 percent... – 21.2 euros indicated by HRADF two independent appraisers. OLP is currently trading at a premium to its
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Athens hopes lower bond yields strengthen case for reducing fiscal targets
EconomyProgrammeof a risk-free rate below 1 percent and 380 basis points (bps) risk premium for Greece. Over time... between 4 percent and 6 percent as the debt ratio drops and the risk premium is reduced to just 75 bps
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PBO sees normality returning, but inflation will have multifaceted effects
EconomyMacroeconomythe investment grade that will wipe out the risk premium; the other is the reduction of transfers... in some form of handouts. The reduced risk premium for the sovereign and subsequently the private
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Greek families shell out for education as state system falls short
SocietyA study by the Center for the Development of Educational Policy (KANEP-GSEE) of the GSEE has shown that even though education in Greece is free, families spend around 3 billion euros annually on education-related expenses. The data was based on figures from 2015, the latest available. Under Greece
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Impact of Delta variant hampers government's plans
PoliticsGreek Politicsthat is likely to become politicised in the coming days is the discussion over the minimum wage. GSEE... euros, from 650. This would be at the same level as in 2012. For 2022, GSEE proposes a second round
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Government initiative on supermarket prices reignites cost-of-living row
PoliticsGreek PoliticsConfederation of Greek Workers (GSEE), which claims that households have lost on average 19 percent... in Greece is more expensive than in countries with higher wages. GSEE and other unions have announced
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Workers lost almost 9 pct of real income last year, research shows
Societyof Greece’s largest union GSEE. Last year, there was a minor de-escalation of the risk of poverty... households in Greece do not have the financial resources to deal with an unexpected expense. GSEE also
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Union report sums up grim state of wages, policy shortcomings
EconomyMacroeconomyThe latest annual report by Greece’s largest union, GSEE, captures the grim picture regarding wages in Greece and the spending power of workers. The data highlights the government’s shortcomings... of data presented by GSEE finds Greece in a usual, and unwanted, spot of competing with Bulgaria
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Labour reforms controversy threatens to eclipse autumn support package
PoliticsGreek Politicstaking workers back to the Middle Ages. The criticisms are echoed by labour unions. GSEE, Greece’s.... Both figures fall well short of the EU target of 80 pct. GSEE argues that the gulf is the result
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