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What brought down Golden Dawn?
Society110,023 votes on July 7, 2019 – almost a third of its remaining support. In the space of just six... briefly joined the coalition government in 2012. In fact, only 1 in 10 Golden Dawn voters in May 2012
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Current account balance shows surplus of 1.28 bln in July
EconomyMacroeconomyinvestment showed a net decrease in residents' external assets due to a drop of 1 billion in residents... bonds and T-bills. Reserve assets came to 7 billion in July. On an annual basis, the figure rose
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Fourth review talks conclude with fiscal differences remaining
EconomyProgrammethat honours the 3.5 percent of GDP primary surplus commitment being tabled to Parliament on October 7... at the moment seeing a fiscal gap of 1 billion euros, or 0.5 percent of GDP, if the Greek
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Plans for Hellinikon development set out, emphasis on real estate revenues
EconomyFeaturessquare metre. A total of 1 million square metres in residential property will account for 43 percent... in keeping with recent years, shares would rise by 5 percent or 40 cents per euro. If yields fell from 7
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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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Unemployment drops to 16.4 pct in Q3
EconomyMacroeconomy). The unemployment rate for males came to 13 percent, down by 7 pps since Q2 while the rate for females stood... of long-term unemployed (over 1 year) rose after declining for eight consecutive quarter, and came
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FM rallies opposition to Turkey-Libya deal as Athens prepares for EastMed signing
PoliticsForeign PolicyMitsotakis's visit to Washington on January 7, when he will meet with US President Donald Trump. The US has embraced the project and is a member of the so-called "3+1" alliance with Greece, Cyprus and Israel
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Overall loan interest rate edges up to 4.34 pct in Nov
EconomyMacroeconomyloans at a floating rate dropped by 7 bps to 2.84 percent. The average interest rate on corporate loans... interest rate on new deposits dropped by 1 bps to 0.19 percent, almost unchanged month-on-month
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Trade deficit falls by 7.2 pct in December and rises by 5.2 pct in 2019
EconomyMacroeconomyGreece’s trade deficit dropped by 7.2 percent year-on-year (YoY) in December compared to a rise of 7 percent in November, data from the Hellenic Statistical Authority (ELSTAT) released on Friday... the total shortfall to 21.72 billion. Imports rose by 2.6 percent, while exports rose by 1 percent. Across
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Greece braces for potential impact of coronavirus on key economic sectors
PoliticsGreek Politicsof GDP, that would translate to the loss of 1 percentage point of growth, or 1.8 billion euros. More... cancelled, a some of which were destined for the port of Piraeus. Shipping makes up 7 percent of Greek
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