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Tsipras unveils growth plan but little in way of new ideas
PoliticsGreek Politicson the often-repeated method of grants. The total cost of subsidies and grants via the development law... in the following seven years, reaching a total of 1.45 billion by 2031. He also said that a total of 6.75 billion
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Tourism and exports expect impact from Brexit fallout
EconomyMacroeconomyyear, visitors from the UK made up 9.2 percent of total foreign arrivals in Greece, while the corresponding travel receipts accounted for 14.3 percent of the total. In absolute terms, arrivals from... supplier to Greece. According to figures provided by the Panhellenic Exporters Association (PEA), total
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Coalition tweaks draft electoral law in hope of clinching supermajority
PoliticsGreek Politicsvotes, the Union of Centrists another 9 and KKE 15, taking the total to 177. Golden Dawn, which has..., it would take the total number of votes up to 195. Independent MP Nikos Nikolopoulos and Thanassis..., have said that they will support the bill, taking the potential total to 197. This means
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HELEX H1 2016 results show continuing drop in profits
EconomyMarket Commission fee, total consolidated revenue came to 14.2 million euros compared to 17.6 million, a drop of 19.3 percent. The drivers behind the fall in total consolidated revenue were cited as a drop.... Total operating expenses including new activities amounted to 8.4 million euros compared to 9.3
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Central government debt climbs to 328.3 bln in Q2 on bailout tranche of 7.5 bln
EconomyMacroeconomyfinancial aid of 212.7 billion euros in total. Of this 52.9 billion relates to the Greek Loan... residual maturity of total debt stock edged up to 16.67 years at the end of June, which... 80 percent of total, almost entirely due to the FSM loans’ maturities, while the remainder
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Lower bad loan provisions and increased write-offs for Greek banks in Q2
Economy. In Q1, bad loan provisions had risen by 1.13 billion, which brings the total increase... by 729 million in Q2 to a total of 869 million for H1. The aggregate figure for the 6-month period... of write-offs to a total of 1.45 billion for 2015. Since November 2002, from when figures
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Newsletter 87 - 09/09/2016
. The number of employed increased by 15,000 month-on-month, reaching 3.68 million in total. The number... and Italy, which makes a mockery of the total target of 160,000 by September 2017. Yet, when it comes... be aware that Slovenia has so far relocated the sum total of 60 people from Greece and another 14 from
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How the pension fund that invested heavily in Attica Bank lost half its reserves
Agorainvestors. According to TSMEDE, its total investment in Attica reached 810.72 million euros, of which more... million, making up 8.7 percent of total wealth. The remaining TSMEDE wealth was allocated in cash... evaporated and there is no sign of a meaningful turnaround in the foreseeable future. The fund’s total
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Deposits grow by 1.3 bln in August, highest inflow in 2016
EconomyMacroeconomythe beginning of the year. Total deposits - which also include general government (gg) as well as euro... inflows, the total deposit flow incorporates outflows of 566 million from the general government... in the previous month. Overall, the total deposit balance edged up to 141.19 billion at the end of August
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Industrial production down 0.3 pct in Aug for first fall since Mar
EconomyMacroeconomya decline in electricity production by 4.6 percent that makes up almost 21 percent of the total... of the total index with 70 percent, increased by 2.1 percent, while water supply production edged up 1.2 percent having only marginal impact with just 3 percent weight on the total. Three of the five
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