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Athens makes landmark foreign policy shift by sending arms to Ukraine
PoliticsForeign Policyalignment with the EU and NATO partners, which explains to a great extent a turning point for Greek..., and showing its solidarity with the suffering Greek people, Greece will send, within the day, defense... planes carrying humanitarian aid, such as blankets and food, from the Greek armed forces also reached
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Q4 GDP contracts 0.6 pct QoQ, recession of 0.7 pct in 2015
EconomyMacroeconomyThe Greek seasonally adjusted (SA) GDP at constant prices fell quarter on quarter (QoQ) by 0.6... estimating a softer recession of around 0.3 percent. The resilient performance of the Greek economy... in Q4. ELSTAT said flash estimates are expected to be revised upon the release of provisional
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About to soar? Greece's economy still needs to be handled with care
AgoraLast Friday’s release of the second quarter Greek GDP figures by ELSTAT confirmed that the economy... the figure is nothing impressive, the Greek economy has not performed like that since 2008. Household.... Greek manufacturing firms hired staff at their highest rate since January 2000, while purchasing
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PMI up to 53.1 in Dec as business conditions improve at fastest pace in over a decade
EconomyMacroeconomyin nine-and-half years. To meet new business, Greek firms expanded purchase activity and hirings. December marked the joint sharpest rise in output since August 2008. The confidence in the Greek..., the greatest since April 2008. To meet demand, Greek firms took on more employees for the eighth
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Newsletter 365 - 13/01/2023
billion euros of NPEs off their books. The divestment plan outlines the conditions and terms under which... for the first of what will likely be two votes is April 9 as it would be a week before Greek Orthodox... over the average Greek. The risk for the centre-right party is that if this matter evolves into a high
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Newsletter 499 - 20/03/2026
into the geopolitical foreground in ways few in government anticipated. A Greek‑operated Patriot battery in Saudi Arabia shot down Iranian ballistic missiles this week. Greek frigates are escorting ships..., when Defence Minister Nikos Dendias confirmed that a Greek‑operated Patriot battery deployed in Saudi
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Greek stocks gain 3.5 pct during week as investors wait for election fog to clear
EconomyLiquidity Assistance (ELA) ceiling for Greek banks by 200 million on improving liquidity conditions...Greek shares traded mostly on positive ground this week, with the Athens Stock Exchange general... weak as foreign investors are remaining on the sidelines and Greek investors are still bound
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EC sees milder Greek recession in 2015, debt ratio to climb to 200 pct in 2016
Economyestimates on the Greek economy to take into account the uncertainty surrounding the bank holiday and the imposition of capital controls in late June. Greek GDP is now expected to contract 1.4 percent.... A marginal growth of 0.1 percent is projected for Greek exports in 2015 accelerating to 1.2 percent
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Eurogroup sheds little light on how Greek review will progress
EconomyProgrammeThursday’s Eurogroup yielded little in way of tangible results for the Greek programme, apart from... not require the IMF’s presence but that the Fund would have to continue its role in the Greek... instead to leave that for the negotiations between the institutions and the Greek government. European
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OECD advocates closer look at health and capital quality of Greek banks
EconomyBankingIn its latest survey for Greece, published on Wednesday, the OECD draws attention to the Greek... come about in the Greek financial sector. Deposits have increased by 21 pct since 2017, capital.... Greek banks report that the large stock of bad assets places additional costs on their efforts
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