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  1. Most Greeks saw income fall over last year, limiting purchasing power
    Photo by MacroPolis

    Society

    The results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco...

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  2. Increase in number of services that saw their turnover decrease in Q2

    EconomyMacroeconomy

    The evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred to, posting a negative growth, according to the Helleni...

    12%

  3. Almost all services in Greece saw decline in Q3

    EconomyMacroeconomy

    The evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according to the Hellenic Statistical Authority (ELSTAT). In the preced...

    12%

  4. Office prices and rents saw substantial fall in H1 2014

    Economy

    The Bank of Greece (BoG) published on Monday for the first time its commercial property price and rent indices. The released data concerns office and retail price and rent levels of prime investment property and cover the period from the first half (H1)...

    12%

  5. Greek households saw net financial wealth plummet by 37.5 pct during crisis
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Τhe impact on Greek households’ financial wealth and liabilities during the crisis years is examined in a study included in the latest statistical bulletin published by Bank of Greece on Wednesday. The study showed that the net financial wealth of Greek...

    12%

  6. Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017

    Agora

    Greek banks concluded the release of their fourth quarter (Q4) results last week, which showed an improved financial and asset quality performance overall. Almost all the core banks recorded a positive bottom-line result for Q4 and turned profitable for...

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  7. Newsletter 407 - 12/01/2024

    Newsletters

    regarding profitability champions in Greece for 2022. The study finds that companies involved in fuel saw.... Companies in the food sector saw their EBITDA increase by more than 50 pct to 718.5 million euros, while... up by 15 pct to 5.53 billion euros and metals products and construction nearly saw their sales

    11%

  8. Multi-bill and MTFS heading to Parliament for conclusion of fourth review
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    are expected to examine the debt issue again on Thursday. DEPA In another programme-related development... reached an agreement over the method that will be followed to privatise gas firm DEPA. It appears the lenders have accepted the proposal from Athens for DEPA to be split into two entities: one

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  9. Sales of HELPE, DESFA and shipyard progress while protests hamper ROSCO, PPC
    Image via www.helpe.gr

    EconomyProgramme

    the Public Gas Corporation (DEPA). In early June, Energy Minister Giorgos Stathakis revealed... to privatise DEPA, involving splitting it into two entities, one commercial and one for infrastructure. A further hurdle standing in the DEPA privatisation’s way is that it is tied to the completion

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  10. Privatisation agency chief identifies key targets for coming months
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    referred to the privatisation of the state-owned gas transmission operator DEPA. This privatisation... Hellenic Petroleum’s (HELPE) privatisation, with the latter holding a 35 percent stake in DEPA. Xenofos noted that under existing regulatory framework, the plan is for DEPA to be split

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