Search
-
You've heard the Greek crisis myths, now here are some truths
Agora, it was decided that a unique package of loans should be put together for Athens. This was deemed.... They put together a mechanism to provide financing to an insolvent Greece based on bilateral loans... of the crisis.” By the time the second programme came into play, the eurozone had put in place
6% -
Greece stands on fault line between vicious and virtuous cycles for 2016
Agoraprevious ones meant that any troika financing was put immediately on hold. This left Alexis Tsipras’s... Tsipras himself, that Greece would pay pensions and salaries rather than the IMF if it was forced... dropped to a mere 77 million as more than 2.5 billion had been sapped in the previous twelve months
6% -
Tsakalotos eyes conclusion of review and debt talks, will not dispute pension cuts
EconomyProgrammebe postponed. Speaking to Sto Kokkino FM on Thursday, Finance Minister Euclid Tsakalotos put an end... and the debt, then we’ll see.” The idea of the lenders agreeing to the pension cuts being put off, unless... for the government. He said that the short-term measures have had a bigger than expected impact
6% -
Tsipras pushes for revision of constitution, hoping to score political points
PoliticsGreek Politicsand allowing voters, rather than MPs, to elect the Greek president. During his speech on Tuesday, Tsipras addressed both issues but adopted a less absolute position than his party has done in the past... on who should become head of state, the decision should be put to citizens. Regarding the role
6% -
Short-term fix for electricity bills leaves open questions for green transition strategy
Societyhave more than doubled since the start of the year, as a combination of external and domestic... the price of carbon more keenly than most, thanks to the country’s continuing dependence on highly... permits will have to be met at a significantly higher price. PPC’s own estimates put the emissions from
6% -
Pandemic and pushback rows spark political clashes
PoliticsGreek Politicsin daily cases (8,613), which was more than 3,000 higher than the number recorded at the start... situation has put the government under increasing pressure and Prime Minister Kyriakos Mitsotakis... to get vaccinated (the overall coverage stood at 60 pct on Tuesday) and of trying to put the blame
6% -
Rise in Greek car sales slows to 7.5 pct in November
EconomyMacroeconomyover this period. More than 80 percent of new licenses stems from passenger cars, which advanced 4.8... is registers more than half of total motor vehicle circulation licenses, posted a modest drop of 0.8... average. This year’s strong rebound follows a modest rise of 1.3 percent recorded last year. However
6% -
Growth in car sales peaks in December with rise of 69.3 pct
EconomyMacroeconomyto 8,867 in December from 5,237 last year and 7,716 a month earlier. Following December’s strong... to 102,359 from 78,630 in 2013, above the 100,000 mark for the first time since 2011. More than 80 percent... percent for the full year. The prefecture of Attica registered more than 62 percent of total motor
6% -
Travel surplus soars 57.2 pct in November on surging tourist arrivals
Economyarrivals remains at relatively low levels at 9,400. Arrivals from the UK also recorded a strong growth...) corresponding to 11.4 billion euros, more than 1 billion higher than last year’s figure. Similarly... tourist arrivals (+22.7 percent) to 21.5 million. Strong volumes were however mitigated by a decrease
6% -
Car sales in Greece up 26.8 pct in February
EconomyMacroeconomywith more than three-fourths stemming from passengers cars, which reached almost 6,500. The aggregate... a moderate increase of 1.3 percent posted in 2013. However, despite the strong rebound, the 2014 figure of 102,359 is 70 percent lower than the 2008 number of 347,354 and mainly reflects a sharp
6%