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OECD report paints grim picture for Greece's labour market
EconomyMacroeconomy, 1,712 in Portugal and at 1,815 in Ireland. In contrast, the real average annual wages (measured in USD
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Greek shares rebound after calming comments from PM and finance minister
EconomyThe Greek stock market rebounded by 4.64 percent on Monday following a drop of 1.6 percent on Friday and cumulative losses of 14.1 percent last week. Prime Minister Alexis Tsipras’s intervention via Bloomberg on Saturday and the more measured statements by the Greek Finance Minister Yanis
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Greece ranks 43rd in impact on global innovation
Societyof the global economy. They are measured according to 27 factors reflecting the extent to which
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Greece’s dramatic year reflected in ATHEX 2015 results
Economywas that market liquidity, as measured by turnover velocity, dropped to 40.8 percent in 2015 from 59.4 percent
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ATHEX net profits down 54 percent in Q1 2016
Economy20 percent drop). Market liquidity, as measured by turnover velocity, went down to 45.8 percent
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BoG sees ample capital space for banks to sell bad loans
EconomyBankingfor the sale starts at 3 percent of the portfolio’s nominal value, up to 20 percent. This is measured
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Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year
EconomyBankingsecurities portfolio measured at fair value through other comprehensive income (FVOCI), a positive impact
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A closer look at Greece's revised proposals to lenders
EconomyProgrammeto be covered, the government proposed thirteen “parametric” measures worth 2 billion euros for 2015 (1.1...” measures of 1.63 billion for 2015 and 2.36 billion for 2016 were proposed, corresponding to 0.9 and 1.3 percent of GDP respectively. These measures mainly aim to cover the higher fiscal gap estimated
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Round of talks nearing end with limited progress, serious doubts about March 20 goal
EconomyProgrammeon some of the counter-measures proposed by the government related to taxes and expenditure that would... it clear that they favour growth-enhancing measures, while the government mostly prefers measures...-planned interventions, the same source noted. The counter-measures considered by the government mostly
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A breakdown of what Tsipras and European lenders agreed to
EconomyProgrammefour measures, namely streamlining of the VAT system, upfront measures to improve the long-term... of the first four measures and endorsement of all commitments, a decision to mandate the institutions... alternative measures by October 2015. Institutions had initially proposed the implementation of the zero
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