Search
-
Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
Economyseen closing the fiscal gap. Incorporating all fiscal interventions, total revenues in 2020 will reach 54.13 billion, from 54.31 billion in 2019. Total expenditure will reach 57.05 billion euros, from..., from 17.4 percent this year to 15.6 percent in 2020. Overall, the Greek authorities have taken
4% -
Sino-Greek engagement: Path to 'win-win cooperation' is not always linear
Agoracompanies. This opposition has frozen parts of COSCO’s master plan and could reduce the total investment..., a total of 3,464 (or 66 percent) were issued to Chinese citizens. Such investor citizenship... states operate such schemes. Since 2018, the European Commission has critically taken note
4% -
Newsletter 237 -31/01/2020
. Across 2019, total expenditure came to 55.27 billion, landing below target by 599 million... Total deposits, which also include the general government (gg), rose by 5.17 billion in December... not taken an upgrade action since August 2018, when Greece completed its third adjustment programme
4% -
Mitsotakis puts Greece on war footing as plans progress to boost hospital capacity
PoliticsGreek Politicsnew confirmed cases. There was also one more death, raising the total to five. All five were men.... There is a total of 350 intensive care beds across the private health sector in Greece. On Saturday... that although the restrictive measures were taken earlier in Greece than in some other countries
4% -
Greek hotel industry reports COVID-19 related losses of half a billion to date
EconomyFeatures-March. It found that cancellation losses for the total industry due to the coronavirus had so far come... will directly threaten 38,234 jobs, which represents 20.5 percent of total hotel employment unless immediate action is taken to respond to the drop in demand. This was split between 13,415 staff for year
4% -
Newsletter 245 -27/03/2020
as micro-businesses and self-employment in total employment,” according to Scope’s analysts... was negative by 788 million euros last year Total deposits, which also include the general government.... The latest measures, which mirror those taken first in Italy and then Spain and France, were deemed
4% -
Coronavirus to delay much of privatisation plan
EconomyFeaturesprojects, while 376 million would be generated from previously completed tenders. Out of the total 2.4... the privatisation’s timeline off track. Athens International Airport saw its total air traffic fall... binding offers. That phase would have taken place within the next few months under normal
4% -
Budget primary balance dips to deficit of 1.51 bln in April on Covid-19 measures
EconomyMacroeconomythat this underperformance is due to the impact of measures taken to face the coronavirus pandemic. State budget total revenues stood at 15.44 billion euros, lower than the target by 1.24 billion or 7.4... months of the year, total expenditure came to 18.17 billion, overshooting the target by 1.06 billion
4% -
Eurobank submits final Cairo portfolio to Hercules while BoG mulls bad bank creation
EconomyBankingthe country. A total of roughly 71 billion euros worth of bad loans sit on the balance sheets... anticipates around the second half of 2020, in order to take the necessary decisions. Piraeus has a total of 7... remains the sole Greek systemic bank to have taken up the scheme. Alpha Bank via its Galaxy project
4% -
Govt lays out recovery plan to October, launches tourism roadmap
PoliticsGreek Politicsis costed at a total of 24 billion euros, combining fiscal measures and guarantees, of which 7 billion...-payment refunds to businesses worth a total 2 billion euros, tax breaks for landlords. Liquidity... of occupancy they will be able to achieve this summer season. Taken together, the measures included
4%