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Greek Tourism Association sees tourist arrivals rising to 19 mln for 2014
EconomyMacroeconomy. Most destinations have one peak day, while islands such as Zakynthos and Mykonos have five and four..., remaining 38 percent below that of Spain. The daily spending slightly increased by 1.7 percent
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Cost of Greek corporate loans rises in April, remains well above euro average
EconomyMacroeconomylimited with net deductions at just 40 million euros in the first four months of the year. After...After remaining stable for the past five months, the interest rate on households’ new time deposits eased by 10 basis points (bps) to 2.71 percent in April, while the interest on corporate loans rose
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IMF report sees a number of risks lying ahead for Greece
EconomyProgrammein just four years, which is an extraordinary achievement by any international comparison. Nevertheless... to address remaining imbalances and balance efficiency and equity outcomes, says the IMF
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Budget execution shows primary surplus of 711 mln, 503 mln ahead of target
EconomyMacroeconomyat 2.35 billion from more than 3 billion in each of preceding four months of 2014. Thus... million in May, after remaining flat for three consecutive months. The significant YoY increase
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Greece shelves water privatisation plans, leaving gap in revenue targets
Economyin February 2013, while HRADF approved at the end of May two of the four investment groups.... The remaining (up to 24 percent) may go to a strategic investor or floated to private investors. In any case
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Greek banks' Eurosystem funding sees reduced drop of 334 mln in July
EconomyMacroeconomyof 2014. Those were the first bond transactions in the past four years. The large majority of Greek banks... billion at the end of June, remaining the lowest reading since January 2010. The modest monthly movement
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GSEE report stresses risks on employment and the pension system, outlines burden on wages
Societythat the burden of GDP adjustment was transferred by four fifths to the employment, with the number... and the remaining supported corporate profitability. This finding is a strong indication that export
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Friction over property tax exposes cracks in Greek coalition's strategy
PoliticsGreek PoliticsPASOK, four from New Democracy, two from Golden Dawn and one from SYRIZA. Even if the government can... from the remaining pool of 200 MPs. The government said that only one of the eight MPs (PASOK’s
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Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
Economyperformance in the remaining four months of the year will be key catalyst for the budget execution
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Finance Ministry challenges SYRIZA's plans for economy, ups cost
Economy’ capital. Taking into account that the state’s average stake in the four recapitalized banks stands... showed by the MoF. The remaining 15 percent, which corresponds to around 2.5 billion euros mainly
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