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Higher number of firms and employees, increased average wage in private sector in 2016
EconomyMacroeconomywere employing up to 4 employees and nearly 9 out of 10 companies up to 10 employees. There were...-controlled companies and local governments. In addition, around 4 out of 10 companies were based.... For nearly 7 out of 10 employees, the weekly working hours exceeded 35 hours. A quarter worked
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ND prepares first three bills for votes before Parliament's summer recess
PoliticsGreek Politicscan now focus on the three bills it wants to pass before August 10, as well as other key policies...-day debate. The government is set to bring three bills to Parliament by August 10, when the House will close for 10 days for the summer recess. All in all, the conservatives want to pass 10 draft laws
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Survey sheds light on sentiments in lockdown, as govt backpedals on voucher scheme
PoliticsGreek Politicsin favour of a gradual easing of restrictions, starting in early May. However, around four in 10... in digital participation. Four in 10 Greeks say they will now make more use of e-government services, and three in 10 will pay more bills online. Up to 37 percent of workers would be willing to work from
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European Commission review of Greek programme: The key points
EconomyProgramme), 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... of nuisance charges, 4) adoption of the code of conduct for members of the government, 5) adoption
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Latest polls add to uncertainty ahead of Sunday's elections
PoliticsGreek PoliticsG Dawn 6.5 KKE 5.5 PASOK 5 Potami 5 Centrist Union 4 Popular Unity 3 Ind Grks 2.5 #Greece... KKE, PASOK & Potami 5 Centr Union & Popular Unity 3 Ind Grks 2.5 Und'd 15 #Greece — MacroPolis... 5.5 Potami 5 Popular Unity 3.5 Centrist Union 3.2 Ind Grks 3 #Greece — MacroPolis (@MacroPolis_gr
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GDP growth slows in Q3 amid lower 2017 forecasts
EconomyMacroeconomydriven by a significant increase of 5 percent in exports of goods and services, thanks to a very strong... Exports of goods and services recorded a second consecutive quarter of growth in Q3, accelerating by 5..., close to 5 percent, to 26 million in 2017. Moreover, travel receipts are estimated to rise
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NBG makes profit of 20 mln in Q1, NPE stock falls again
EconomyBankingreduction has surpassed 5 billion euros. The movement in Q1 originates from negative formation of 140... peers. The total Greek loan yield fell slightly to 377 bps from 388 bps in Q4. Fee income fell by 5 percent QoQ to 62 million, rising by 5 percent on a YoY basis. Trading and other income stood at 25
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Newest Greek market foray for 10-yr bond breaks two records
EconomyMacroeconomywas officially opened with a guidance of mid-swaps plus 105 basis points, 5 basis points lower than... even lower by 5 basis points to 100 basis points. At the close, offers exceeded 29 billion euros... more than what was initially planned, with the transaction closing formally just before 5:00 pm UK
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Somewhere in the middle: Kosovo's delicate relations with the European Union
Agoraspecifically relations with Serbia and lack of recognition from 5 EU member states (Cyprus, Greece... of the 5 EU member states which still do not recognize Kosovo. Kosovo’s declaration of independence... and delicate approach, in order to accommodate both the stance of the majority of its members and 5 non
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Tailor-made Maastricht criteria for Greece?
Agora, and if nominal GDP growth is around 5 percent a year, then, over time, the debt ratio D = 3/5 = 0.60... interesting detail is that the 5 percent nominal growth rate can be thought of as 2 percent.... Nominal GDP growth in the EU27 averaged 3.3 percent a year, well below the 5 percent assumed
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