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PM unveils 300 mln support package, pairing economic relief with major defence upgrade
PoliticsGreek Politicsparticipation by the Greek defence industry. The government has committed that 25 pct of the total value..., Greek Solution at 5, and Course of Freedom drops to 4, falling from third to fifth place. SYRIZA... view the interception of Iranian missiles by the Greek Patriot battery in Saudi Arabia as a purely
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Newsletter 41 - 04/09/2015
decided to pay the whole amount via credit card. While those taxpayers paid off the amount in 6 to 12... of the zeal for a clean-up that it claims it has. The SYRIZA leader points to a dusting off...; a fresh voice in the haggard arena of Greek politics. However, at a time when Greeks are crying out
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Poor conditions in Greece fail to deter refugees from wanting to continue journey
Society. Commissioned by the Union of Greek Regions and conducted by Kapa Research, the survey focused on three... percent are not satisfied with their current living conditions, a detailed survey of over 600 refugees... leaving. Blame When asked who they blamed most for the conditions in their homeland, just over half (56.6
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Greek union data suggest workers get paid late or in kind
SocietyMany Greek workers are not receiving their salaries on time or are being paid in kind rather than money, according to data gathered by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE). A report in the Greek daily “Ta Nea” that cited figures compiled by INE-GSEE
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Greek trade deficit rises further in April as exports fall by 20.8 pct
EconomyMacroeconomyGreek exports” showed that Greece’s export performance is lagging dramatically. The report also stressed... of opening up worldwide markets for Greek exporters. In its Monetary Policy report released earlier this month, the Bank of Greece (BoG) noted that key catalysts for the Greek economy this year
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Greek deposits nosedive by 12.8 bln in Jan as balances reach lowest point since Aug 2005
EconomyMacroeconomyGreek private sector deposits fell for the fourth successive month in January at the accelerating... decision on February 4 to lift the waiver on Greek government guaranteed securities, Greek banks... is “ready to reinstate the waiver as soon as the Governing Council will decide that the conditions
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Greek economy slips into recession as Q1 GDP contracts by 0.2 pct QoQ
EconomyMacroeconomyThe Greek seasonally adjusted (SA) GDP at constant prices contracted quarter on quarter (QoQ..., as Greece completed the sixth year of its recession. Since 2008, Greek nominal GDP has narrowed... on Greek economic prospects. In late April, Moody’s lowered its 2015 GDP forecast to 0.5 percent
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Greek banks brace for recapitalisation, with Piraeus initiating a bond swap offer
EconomyBankingon Wednesday and Thursday, media reports indicate that Greek bankers appear more optimistic on the final... growth of 2.7 percent is seen in 2017. According to our latest information, Greek banks capital... to similar actions. Based on the latest official data for the end of March, Greek banks held 2.55
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EU progress on Turkish visas gives Athens hope of low refugee arrivals
PoliticsForeign Policyto express grave concern about conditions at the camps, accusing Greek and EU authorities of ignoring...Greek concerns that slow progress in the European Union’s liberalisation of visas for Turkish... moved away, though, the day-to-day problems of the complex challenge Greek authorities are facing re
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Greek travel receipts up 10.3 pct in August as 2014 targets revised upwards
EconomyMacroeconomyupdated figures for September, released earlier this month by the Association of Greek Tourism Enterprises (SETE), showed that international tourist arrivals at the main Greek airports remained solid.... The head of the leading European tour operator TUI Peter Long told Greek Prime Minister Antonis
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