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China’s Footprint in Southeast Europe: Constructing the "Balkan Silk Road"
Agora. All three countries are land-locked states which offer a different set of opportunities...’s export destination.[1] As a land-locked country in the Western Balkans, the FYR of Macedonia... China-Balkans Summit under the 16+1 umbrella was held in Belgrade in December 2014. Seen from a Chinese
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With prior actions pending, PASOK showing signs of adjustment fatigue
PoliticsGreek Politics. The first set of prior actions are: 1) adoption of outdoor trade law 2) adoption of investment.... The second set consists of: 1) adoption of the necessary legislation to merge all... that finance auxiliary pensions (effective as of 1 January 2015) 5) adoption of small Public Power
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The key points from Greece's proposal to lenders
EconomyProgrammein 2016 (excluding VAT) incorporate: 1) Change of the VAT rates from the current level of 6.5, 13... will be implemented as of October 1. 2) Introduction of a reward point system for the registration of receipts... at 1.06 billion in 2015 5) Tax on television advertisements with estimated revenues at 100 million
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European Commission review of Greek programme: The key points
EconomyProgramme(effective as of 1 January 2015), 5) adoption of small PPC law and clearance of all gg arrears...), the EC estimates Greece would have needed an additional 5 billion to cover its financing needs until.... The turnaround in 2014 following a recession of 25 percent in the last 5 years is mainly supported
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IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief
EconomyProgrammeof Greece fell to less than 1 billion at the end of May against a target of 5 billion in 2015 and 8... 36 billion. These additional funding needs stem from: 1) Lower fiscal targets (additional needs... targets for the next years: at 1 percent of GDP for 2015 (from 3 percent), 2 percent in 2016 (from 4.5
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Newsletter 94 - 04/11/2016
goal is still to try to wrap up the second review by the end of November so the December 5 Eurogroup... of the review before the December 5 Eurogroup, while a European Commission spokeswoman said on Thursday...-level collective agreements. In addition, they believe the state should set the minimum wage
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Greek stocks climb 5 pct on week led by double-digit bank gains
EconomyThe Greek equity market headed north for the second straight week recording gains of 5 percent, after a rise of 1.5 percent in the previous week. The upswing was mainly fuelled by banks, which soared 17.9 percent. Despite a negative start in the first two days of the week, the domestic market
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Coca Cola-HBC revenues rise by 5 pct in Q3
EconomyCorporatesCoca-Cola-HBC’s results for the third quarter (Q3) of 2017 showed that revenue grew by 5 percent year-on-year. Revenues for the three-month period stood at 1.82 billion euros versus 1.74 billion in Q3 2016. On an FX-neutral basis, revenue for the three month period grew by 6 percent. In terms
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Retail turnover drops by 5 pct and volume by 3 pct in January
EconomyMacroeconomyGreece’s retail sales index decreased by 5 percent in January following a revised drop of 12.8 percent in December, Hellenic Statistical Authority data showed on Wednesday. The index has now dropped in 10 of the last 11 readings, showing the impact of Greece’s lockdowns. The corresponding volume
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In another cautious move, PDMA fetches 975 mln for 5 yrs at variable rate
EconomyMacroeconomyprobable course of action until the end of the year as the benchmark trades at yields in the region of 5
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