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Turnover in the tourism sector falls 8 pct in Q4, first negative reading since Q1 2013
EconomyMacroeconomypercent to 23.6 million. In contrast, the average non-resident expenditure per trip slipped 1.2... year much milder than the 2.3 percent estimated by the institutions upon the signing of the third
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Greek bailout talks yet to conclude as start of IMF meetings approaches
EconomyProgrammeexempted for an amount up to 12,000 euros per annum. In addition, the tax rate on income from dividends... fiscal gap, which is reportedly estimated at 340 million euros by the government, at 500 million
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Greek stocks climb 3.8 pct during week amid increasing optimism on swift agreement
Economytrades ex-dividend of 0.70 euros per share on May 12 and Metka of 0.12 euros on May 13. Aegean... trading activity. In its spring economic forecasts, the European Commission (EC) estimated a milder
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Deal for Hellenikon sealed; gov't sees improved terms, economic boost ahead
Economyexpected to result in an incremental rise of 1 million tourists per annum, Lamda Development said..., all necessary port works and the creation of 50 km of sidewalks and bicycle paths. It is estimated
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Tsipras unveils growth plan but little in way of new ideas
PoliticsGreek Politicsis estimated at 480 million euros between 2016 and 2022. The direct public revenues expected from the subsidized investments are seen at 383 million euros by 2023 and 133 million per annum
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In updated DSA, EC sees Greek debt as unsustainable if no relief measures implemented
EconomyProgramme: Scenario (B) assumes lower GDP growth by 0.25 pp per annum between 2019-2030, primary surplus to start... is estimated to reach 182.9 percent in 2016, 157.3 percent in 2020, 117.1 percent in 2030 and 100.7
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Marinopoulos travails point to wider difficulties for supermarket sector
EconomyFeaturespercent) spends less than 200 euros per month according to the survey. Another survey released in April... is estimated at around 1 percent of Greece’s GDP and around 13,000 people are employed by them. The company’s
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Greek stocks fall 1.5 pct, banks underperform for third straight week
Economy, the company’s net asset value (NAV) stood at 846 million or 8.35 euros per share. Mytilineos net..., a subsidiary of Munich Re for a cash consideration of 90.1 million. The transaction is estimated
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Greek stocks rebound 2.1 pct, banks climb 5.7 pct
Economyon October 10, while OPAP share trades ex-interim dividend of 0.12 euros per share on October 13.... of 288 million. The transaction is estimated by the bank to improve its capital ratio by 23 basis points
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Budget primary surplus to Sept reaches 5.45 bln on strong revenue performance
EconomyMacroeconomybillion should be collected in the last quarter of the year, which correspond to 4.42 billion per...-than-targeted ENFIA revenue collection in September could lead to lower than initially estimated
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