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Concern mounts in Athens regarding Turkish stance in Aegean, East Med
PoliticsForeign Policy"exclude that the present Turkish leadership has similar designs". The new element that is causing
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Regling underlines concerns about fiscal target after voter-friendly measures
EconomyProgrammeEuropean Stability Mechanism (ESM) managing director Klaus Regling has repeated his warning that Greece’s is veering away from its fiscal targets following recent measures that Athens adopted without consulting the institutions, leaving the next government with some tough decisions to make. Regling
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Turnover in services sector improves slightly in Q1 2019
EconomyMacroeconomypoints in April. Year-on-year, the service confidence indicator has fallen by 17.8 points.
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Industrial turnover rises by 13.4 pct in April
EconomyMacroeconomySeptember 2018. Year-on-year, industry confidence has improved by 0.8 points.
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Travel balance falls by 4.1 pct in April
EconomyMacroeconomyGreece’s travel balance edged down to 200.3 million euros in April from 208.8 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decline of 4.1 percent. Receipts came to 537.1 million euros for the month, increasing by 6.9 percent year-on-year (YoY). Travel payments also
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Credit contraction remains at 0.1 pct in May, balance at 161.16 bln
EconomyMacroeconomy. The overall balance for the month came to 18.24 billion. The Greek market has been experiencing
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Mitsotakis sworn in as prime minister as attention turns to Cabinet picks
PoliticsGreek Politics. Hatzidakis is another minister whose prior experience with his portfolio should come in useful as he has
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Industrial production falls by 1.2 pct in May
EconomyMacroeconomy, industry confidence has improved by 1 point. Additionally, Markit’s manufacturing PMI came to 52.4
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June employment balance positive by 31,407
EconomyMacroeconomyThe employment balance was positive in June with 31,407 more hirings than departures, data from the Labour Ministry’s Ergani information system showed. Ergani noted that the balance for this June is the fifth consecutive positive balance in the year so far. According to Ergani's data, June has
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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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