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PPC, Hellenikon present government with first test of problem solving mettle
Economy. Hellenikon, bond sale The government has also staked a lot of credibility on getting the 8 billion-euro
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Talks to begin on plan to rescue PPC from dire financial straits
Economyin the immediate future. While the new government has said that additional costs will not be transferred
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Primary cash balance at deficit of 24 mln in Jun
EconomyMacroeconomythat during the first six months of the year, the PIB balance has worsened by 775 million euros
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New government holds first talks with creditors, may opt for cautious fiscal approach
EconomyProgrammewill be submitted to Parliament in the coming days and the other from September onwards, once the 2020 budget has
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Industrial turnover drops by 2.3 pct in May
EconomyMacroeconomyconfidence deteriorated by 0.4 points month-on-month to stand at -0.6. Year-on-year, industry confidence has
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Travel balance up by 7.8 pct in May, aggregate visitors edge down 0.9 pct
EconomyMacroeconomyGreece’s travel balance rose to 1.36 billion euros in May from 200.3 million euros in April, Bank of Greece (BoG) data has shown. This reflects an annual rise of 7.8 percent. Receipts came to 1.61 billion euros, increasing by 9.3 percent year-on-year (YoY). Travel payments also increased by 18.4
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Hatzidakis announces strategy for partial privatisation of PPC
EconomyFeaturesThe government has announced its plans for rescuing the state electricity firm, the Public Power Corporation (PPC) and save it from collapse. Energy Minister Kostis Hatzidakis unveiled the government’s plans in Parliament on Monday in the context of the general outlining by New Democracy of its
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Preventative medicine, support for vulnerable form backbone of ND healthcare package
PoliticsGreek Politicswith over 1,000 nurses being recruited. Although Greece has a high ratio of doctors to the general
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Hatzidakis details plans for PPC, puts forward new CEO
EconomyFeatureshas put forward Giorgos Stassis to take over as CEO of PPC. According to media reports, Stassis
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ND sees first tax cuts as fair, hopes to build case for lower fiscal targets
PoliticsGreek Politicsin a few weeks. SYRIZA, which had introduced an ENFIA reduction of its own before the elections, has
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