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Omnibus bill to be tabled shortly as Athens edges to third review conclusion
EconomyProgramme. Starting prices will be based on the properties’ market value. The process will start with 2,000... that Greece’s 10-year bond yield dropped to below 4 percent on the secondary market last week, which
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S&P sees improved fiscal and growth prospects, raises credit rating to 'B'
Economythat Greece’s growth and fiscal outlooks have improved, the labour market is in recovery mode while.... The improved labour market conditions will also aid private consumption, enough to offset further tax rises
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Credit contraction remains at 0.9 pct in December
EconomyMacroeconomyCredit contraction in the Greek market remained unchanged at 0.9 percent in December, staying static for a third month, Bank of Greece (BoG) figures showed on Friday. This resulted in the outstanding... and came to 22.25 billion. The Greek market has been experiencing a contraction for the last six
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Greek banks complete first round of covered bond issues
EconomyBankingsystemic banks to venture back into the international bond market with the successful issue... on the international market since 2014, and the first for NBG since 2009. NBG’s bond issue attracted over 2 billion
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Property ownership waning in Greece as renting takes over
Societypay the tax in the future, 33.4 percent said that they would sell the property at its market value, 15.8 percent said that they would sell it for less than its market value and 8.6 percent said
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Manufacturing wage cuts were turned into profit, GSEE study claims
EconomyFeaturesthat reduced costs of manufacturing were not passed on to the market in the form of lower prices, but were... in the market. However, soon after the study was released, it was countered by the Hellenic Federation
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Fitch upgrades Greek rating to 'B,' sees hybrid MoU exit and 2.1 pct growth this year
Economyin the longer-term. This will be sufficient to support market confidence and access to markets....” The post-programme period will also be supported by Greece’s ongoing market access following
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Credit contraction at 0.8 pct in January as household, corporate lending falls
EconomyMacroeconomyCredit contraction in the Greek market remained unchanged at 0.8 percent in January, staying static for a fourth month, Bank of Greece (BoG) figures showed on Tuesday. This resulted... the 23-billion-euro mark for a third month and came to 22.21 billion. The Greek market has been experiencing
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Strong interest as Greece issues first 52-week T-Bill in almost eight years
Economybanks. Greece went to the market for an amount of 625 million euros and it received bids for just... after the Italian elections. However, the market volatility that followed the last issue, which pushed
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Turnover in services sector shows improvements in Q4 2017
EconomyMacroeconomy, office support and other business support activities (+12.4 percent), advertising and market... and market research (+93.5 percent), and management consultancy activities (+57.6 percent). The slowest
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