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Alpha Bank and Eurobank start new year with further bad loan sales
EconomyBankingended December with an announcement that it had sealed a deal to sell 1 billion euros of its non... to stand at 8 billion euros. A sizeable development in the Greek banking sector also moved into its
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Newsletter 191 -25/01/2018
an increase of around 8 percent in the minimum wage, taking it from the current 586 euros per month to just... aged 66-70 (16 percent) and those aged 76-80 (15.2 percent). Slightly over 1 percent of pensioners
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Industrial turnover rises by 7.7 pct in February
EconomyMacroeconomyand cork (-8 percent). In other indicators, the PMI for February showed that the index came to 54.7... confidence has improved by 1 point.
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Industrial turnover drops by 6.7 pct in March
EconomyMacroeconomyGreece’s industrial turnover fell by 6.7 percent year-on-year (YoY) in March compared to an upward revised increase of 8 percent in February, Hellenic Statistical Authority (ELSTAT) data published... for eurozone countries rose by 1 percent. For non-eurozone countries, a decrease of 3.8 percent was noted
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Eurozone set to give next govt until Sept to address fiscal issues
EconomyProgrammemeets again in July. There is a meeting of eurozone finance ministers scheduled for July 8... Semester, the Commission recommends that Greece should: 1) Achieve a sustainable recovery and address
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ND maintains big lead but keeps foot down to counter possible low turnout
PoliticsGreek Politicspercent, with the leftists on 29.5 percent. Movement for Change (KINAL) is in third on 8 percent... that was due to take part between the party leaders on July 1 as Alexis Tsipras will have to attend
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PPC, Hellenikon present government with first test of problem solving mettle
Economy, and the company made a loss of almost 1 billion euros last year, a financial performance.... Hellenikon, bond sale The government has also staked a lot of credibility on getting the 8 billion-euro
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New Democracy starts rolling out its first three bills
PoliticsGreek Politicsthat it should become law by July 31 or August 1. The other draft laws are due to be passed by August 8
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Plans for Hellinikon development set out, emphasis on real estate revenues
EconomyFeaturesby the group’s chief executive. The project, which carries a price tag of 8 billion euros... square metre. A total of 1 million square metres in residential property will account for 43 percent
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Govt proposes property VAT reduction to kickstart home sales
EconomyFeaturesprices increased by 1.7 percent in 2018, compared to an average price contraction of 1 percent in 2017..., accounting for 65 percent of all permits granted. This was followed by Turkey (8 percent), Russia (7 percent
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