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EC sees lower growth in 2017 but no concerns for fiscal targets
EconomyMacroeconomyThe European Commission remains optimistic about the Greek economy’s prospects in its Autumn forecasts, which were released on Thursday. Greece is seen growing by 1.6 percent this year, following a small downward revision from 1.7 percent in the previous forecast. Growth is expected to pick up
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Coca Cola-HBC revenues rise by 5 pct in Q3
EconomyCorporatesCoca-Cola-HBC’s results for the third quarter (Q3) of 2017 showed that revenue grew by 5 percent year-on-year. Revenues for the three-month period stood at 1.82 billion euros versus 1.74 billion in Q3 2016. On an FX-neutral basis, revenue for the three month period grew by 6 percent. In terms
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Capital controls to be loosened further, restrictions on foreign cash removed
EconomyMacroeconomycited as an issue by both the Bank of Greece and the country’s lenders. Despite gradually improving
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Fall in apartment prices continues with slower decline of 0.6 pct in Q3
EconomyMacroeconomyof improvement are emerging, Greece’s housing market continues to pose a challenge on several fronts
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Deal seen on energy liberalisation as third review SLA edges closer
EconomyProgrammeof 40 percent of the Public Power Corporation’s (PPC) lignite-powered units. In discussions with Greek
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Industrial turnover falls by 0.8 pct in Sept, down for first time since Oct 2016
EconomyMacroeconomyGreece’s industrial turnover fell by 0.8 percent in September after upwardly revised growth of 6.3 percent in August, according to Hellenic Statistical Authority (ELSTAT) data published on Monday. The headline figure is the first time since October 2016 that the index has fallen into negative
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NOME auctions: amendments to legal framework for electricity market liberalisation
Legalexpertise in its selected practice areas, while meeting today’s corporate needs for stable support
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OECD report shows Greece had highest tax ratio rise in 2016
EconomyMacroeconomyover 26 percent of GDP next year, having peaked at 27.3 percent of GDP in 2016. In the OECD’s
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Slight uptick for economic sentiment and consumer confidence in November
EconomyMacroeconomyGreece’s economic sentiment (ESI) edged up by 0.1 points in November to 98.4 from 98.3 in October, yet remained below the 100-point mark it surpassed temporarily in September, European Commission (EC) figures revealed on Monday. Between December last year and this November, the ESI print has
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High participation rate helps bond swap tick box
EconomyGreece’s Public Debt Management Agency (PDMA) announced on Wednesday that is on the verge of completing successfully the debt management exercise that it initiated on November 15. Greece had invited the holders of the bonds that were exchanged as part of the PSI in 2012 and consisted of a series
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