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Committee of wise men proposes drastic changes to Greece's pension system
Economyin pension funds’ revenues ranged between 12 percent for the Seamen's Retirement Fund (NAT) up to 48.9... of IKA revenues up to 89 percent for OGA and 92 percent for NAT. At the same time, pension funds
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Current account shows deficit of 1.10 bln in March as Covid-19 hits trade & travel
EconomyMacroeconomy, which compensated for deteriorations elsewhere. The goods balance deficit fell by 6.8 percent due to the improvement of the non-oil balance of goods, while the oil balance worsened by 6.8 percent in turn. Total exports rose to 7.65 billion, a slight decrease of 0.6 percent. Imports decreased by 3.3
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PM joins forces with some eurozone partners to lobby for "corona-bond"
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis and eight other European leaders wrote a letter to European Council president Charles Michel on Wednesday, ahead of Thursday’s teleconference, arguing for a coordinated eurozone-level response to mitigate the impact of...
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Video talk: How to make the most out of EU "Corona funds"
AgoraA video talk featuring Juan Pablo Riesgo, a partner of Ernst & Young and former Secretary of State for Employment in Spain, and Nick Malkoutzis, editor of MacroPolis, discussing how Spain and Greece should best use the Recovery Fund package proposed by ...
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Banking on voters’ desire for stability, ND insists ruling majority is still achievable
PoliticsGreek Politicsin January. Also, 3.3 pct of respondents preferred not to share their political preferences, meaning... the Turkey–Libya maritime memorandum “in practice.” The government is also pushing ahead
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OECD sees more growth, falling unemployment in Greece
EconomyMacroeconomy1.9 percent before) and further to 3.3 percent in 2016. The OECD’s new estimates for 2014... formation is seen easing by 3.5 percent in 2014, turning to growth of 6.8 and 7.7 percent in the next two years. Export growth is seen outpacing that of imports by 3.3 to 4 percentage points (pp
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Eurobank net profits at 34.5 mln in Q1
EconomyBanking. The year-on-year change was a small decline of 0.3 percent. Operating expenses fell by 3.3 percent... and by 3.3 percent for Greece. This took the cost-to-income ratio to 48.5 percent in Q1 from 45.9..., issued in January 2018, was 9.5 percent, and CET-1 ratio was 6.8 percent. These ratios would be around
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Athens expands survey area off Crete, signs MoU with Egypt
PoliticsForeign PolicyExclusive Economic Zone. In 2019, before signing its memorandum with Turkey, Libya reacted against...). This was calculated by moving its median line northwards. After the signing of the Turkey-Libya memorandum in 2019, new data was generated and Libya could argue that the entire area south of Crete
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Greece's key pledges and requests at the Eurogroup meetings
PoliticsGreek Politicsagreement that during this period the Greek state will be funded under a minimalist menu that solves
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Athens braces for Erdogan bargaining at NATO summit
PoliticsForeign Policywas spying for Athens. On Saturday, Turkish authorities reportedly arrested a man named Mohamed Amar
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