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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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General govt primary cash surplus at 6.25 bln in September, arrears drop by 82 mln
EconomyMacroeconomyby SSFs (+15 million) and state budget (+8 million). Declines were seen in tax refunds (-118 million... lending edged down by 1 million to stand at 1.91 billion euros, representing under 0.5 percent
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Brussels gives Athens thumbs-up for reforms and budget
EconomyProgrammeconsistently over recent years. The overall surplus will reach 1 percent of GDP in 2020, in keeping...-term growth will depend crucially on investments that currently stand nearly 8 percentage points below
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Newsletter 233 - 20/12/2019
tax will be reduced by another 8 percent on average, following a 22 percent reduction this year. While... to 38.27 billion euros below the target by 1 billion euros Primary cash balance surplus at 6.31 bln
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FM rallies opposition to Turkey-Libya deal as Athens prepares for EastMed signing
PoliticsForeign Policyembraced the project and is a member of the so-called "3+1" alliance with Greece, Cyprus and Israel... on December 30 and Cairo on January 8. Furthermore, a new meeting of the trilateral involving Greece
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Budget primary surplus confirmed at 6.95 bln in Nov
EconomyMacroeconomyin transfers by 237 million euros (+8 percent), other current revenue by 79 million euros (+4.5 percent... expenditure came to 38.27 billion euros, below the target by 1 billion euros. Interest payments came to 5.06
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Overall loan interest rate edges up to 4.34 pct in Nov
EconomyMacroeconomywith a defined maturity at a floating rate decreased by 8 basis points and came to 4.70 percent. At the same... interest rate on new deposits dropped by 1 bps to 0.19 percent, almost unchanged month-on-month
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