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Conclusion of Golden Dawn trial unlikely to usher in greater political unity
PoliticsGreek Politicsbut has been referenced recently by left-leaning media seeking to counter the allegations of collusion... from 16 far-right groups as Golden Dawn has faded from prominence. They are mostly concentrated
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Latest market foray for 15-yr bond attracts strong investor interest with record low yield
EconomyBankingWednesday’s transaction, Greece has now issued 12 billion euros of bonds in 2020, which has covered
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Travel balance falls by 65.9 pct in August as 10.5 bln in receipts vanish in aggregate
EconomyMacroeconomyGreece’s travel balance came to 1.32 billion euros in August from 3.87 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 65.9 percent year-on-year (YoY...-crossing point. BoG said that as of July 2020, conduct of the border survey has fully resumed.
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All eyes on Piraeus as share price tumbles amid coupon payment concerns
EconomyBankingdividends. However, Piraeus Bank has already missed one payment and failing to do so again... on the ability or not of Piraeus Bank to pay the CoCos coupon. The bank has set aside 165 million
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Travel balance falls by 70.9 pct in September as 12.6 bln in receipts vanish in aggregate
EconomyMacroeconomyGreece’s travel balance came to 776.5 million euros in September from 2.67 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 70.9 percent year-on-year (YoY... that as of July 2020, conduct of the border survey has fully resumed.
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Podcast - Covid-19 takes another bite out of the Greek economy
AgoraOver the last few weeks, Greece has not just seen more worrying data on the Covid-19 front, but the forecasts for its economy have also been worsening. Nick Malkoutzis and Phoebe Fronista discuss.... They hear from a tour operator and hotel owner, who explains why 2020 has been a disaster. MacroPolis co
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GDP grows by 2.3 pct QoQ in Q3 and drops by 11.7 pct YoY as services exports crash
EconomyMacroeconomyanticipated. For next year, growth has been trimmed significantly, now coming short of 5 pct, at 4.8 percent..., followed by growth of 5.5 percent in 2021 and 4.5 percent in 2022. The OECD has predicted that GDP
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Greece maintaining investors' interest, EY survey finds
EconomyFeaturesA survey by Ernst & Young (EY), following up from their Attractiveness Survey Europe 2020 earlier in the year, has found that investment interest in Greece for the post-pandemic period remains steady... of executives who expect a net reduction in their investment has been reduced to 42 percent from 66 percent
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Unemployment at 16.2 pct in Q3
EconomyMacroeconomy(ELSTAT) figures showed on Thursday. The jobless rate has declined by 0.2 percentage points (pps) from... percent, while the share of persons with temporary jobs is 7.2 percent. Part-time employment has decreased
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Greece extends territorial waters in Ionian, hopes for deal with Albania
PoliticsForeign Policycoexistence.” Dendias has also underlined that this threat does not only stand against Greece but also... between Athens and Tirana has already provoked serious reactions to some opposition parties
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