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Property prices rise by 9.4 pct in Q2, close to all-time high
EconomyMacroeconomy) data released on Thursday showed. Q4 2021 saw the highest annual increase in property prices... old - saw their prices increase by 8.7 percent YoY, from 8.5 percent seen in Q1 2021. New properties saw price increases of 10.5 percent YoY, from 10.4 percent in Q1 2021. During Q2, properties
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Key factors in cost-of-living crisis not kept in check
Agorathat companies involved in fuel saw their EBITDA rise by some 237 pct in 2022 to 2.94 billion euros, from 871.3 million in 2021. Companies in the food sector saw their EBITDA increase by more than 50 pct... and construction nearly saw their sales double, up by 94 pct, to 8.37 billion euros. Supermarkets had a bumper
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Greece is gasping for a deal
Agorato be that a set of reforms will be agreed that triggers the release of enough funding to get Greece through until... outside funding. Until this uncertainty is resolved, the Greek state and the country’s economy.... Greece has not received any bailout funding from its lenders since August but has kept meeting its debt
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Newsletter 35 - 17/07/2015
until July 2018. In its update debt sustainability analysis released earlier this week, the IMF sees... will continue to hover above Greece until the third bailout has been agreed. Interior Minister Nikos Voutsis...Funding needs seen over 80bln Slight differences with IMF funding estimates In a 12-page assessment
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Growth, not just of the economic variety
Agora. One of the less obvious ones involves the media finding a role that lies far from the extremes... stage. Nevertheless, in the journey along the winding, precipitous road towards better days
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The key points from lenders' proposals to Greece
EconomyProgrammethat the government has proposed to be suspended until 2016. 4) Phase-out the solidarity grant (EKAS) for all...) Freeze monthly guaranteed contributory pension limits in nominal terms until 2021 7) Increase...). The government will announce binding bid dates for the two ports and for Trainose. In addition
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Greek banks brace for recapitalisation, with Piraeus initiating a bond swap offer
EconomyBankingscenario. Until now, very few details have been leaked and they mainly relate to the macro assumptions... exchange or by 585 million for the share exchange. The exchange offer runs from October 15 until...-plus-baseline capital needs and the higher figure that would stem from the adverse – possibly binding
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Privatisation chief hopeful of reaching 2016, 2018 targets as several sales near conclusion
Economyproceeds of 6.5 billion until 2018. Pitsiorlas also set out the next privatisation projects, beyond those...). The international tender has been extended until June 20. He also said that the process..., Pitsiorlas said that binding offers from 7 international investors are expected by the end of August
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NPL resolution in Italy and Greece
Agora170,000 pending cases, with legal hearings scheduled until 2032. Such an extensive timeline favours those... of the vast majority (roughly 94 percent) of NPLs linked to mortgages until at least 2018. In the event... lenders and necessitated an increasing amount of provisioning, thus binding up valuable capital
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Government tables amendments with aim of securing bailout tranche within days
EconomyProgrammeeuros from 2016 until 2019, while EKAS will be completely abolished as of the beginning of 2020... savings are legislated until September 30, 2016 and implemented as of January 1, 2017. The multi-bill... PPC. In addition, two weeks after the submission of binding bids for a strategic partnership in ADMIE
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