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Opposition tries to pin government down over last year's Plan X

Thu, 07 Jul 2016 13:52:00 GMT

with the so-called Plan X that former Finance Minister Yanis Varoufakis worked on during the first half... a range of government officials, Plan X was never intended as a blueprint for Greece to follow... an institutional role. The government’s assertion that Plan X does not hide any dark plans

Reflections on Greece's balance of payments

Fri, 28 Oct 2022 08:32:00 GMT

: consumption (C), investment (I), exports (X), and imports (M). Thus, when demand is equal to supply: Y = C + I + X - M. X - M describes the exports to abroad of what Greece produces in goods... domestically (including energy such as crude oil and natural gas). The balance X - M is called the “foreign

SYRIZA unveils array of pledges to win over voters ahead of July 7 vote

Tue, 11 Jun 2019 07:57:00 GMT

for snap election on July 7, Prime Minister Alexis Tsipras presided over the unveiling of SYRIZA’s... a leading role in the campaign for the July 7 vote as SYRIZA tries to present a more friendly face... that the conservatives want to organise ahead of July 7. The party’s aim is to avoid public rallies, which

China’s Footprint in Southeast Europe: Constructing the "Balkan Silk Road"

Fri, 29 Sep 2017 09:46:00 GMT

of the agreements between Hungary, Serbia and China along the Budapest – Belgrade Corridor X initiative. When... Electric Power Design Institute as the preferred bidder for the construction of Unit 7 at Tuzla coal... instability of the federation, unresolved constitutional challenges and geographical reasons [5

NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter

Thu, 25 May 2017 07:05:00 GMT

The National Bank of Greece (NBG) posted net profits of 5 million euros in the first quarter (Q1... in Q1, while that for consumer and small business loans amounted to 9 and 7 million, respectively... call, management noted that the new time deposit yield is expected to be further reduced by another 5

Wages rise by 7 pct, offset by 7.8 pct 12-month rolling CPI

Wed, 14 Jun 2023 07:18:00 GMT

grew by 5 pct, with the cumulative growth since 2019 up by 14 pct. Of course, the 7 pct increase up... million, an increase of 5 pct compared to May last year, when employment had grown by 8 pct. Since May... workers. Gross earnings in May this year were up by 7 pct, largely incorporating the rise

Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter

Thu, 31 Aug 2017 09:48:00 GMT

Piraeus Bank reversed its first-quarter (Q1) net losses of 7 million to profit of 7 million in Q2... million in Q2, but declined by 5 percent to 582 million in H1, on the back of a drop in personnel... been reduced by 7 and 8 percent year on year. Impairment losses stayed stable QoQ at 259 million, due

Tourism institute shows international flight seat schedule to Greece down by 7 pct in 2019

Tue, 26 Feb 2019 08:30:00 GMT

that international tourist arrivals could drop by up to 7 percent in 2019. In a publication titled “The prospects... percent of tourism revenue in 2018, a drop of 7 percent in international arrivals can be expected... in Mykonos (+10 percent), Kalamata (+6 percent) and Kefalonia (+5 percent). In the remaining 14

EC forecasts 9 pct dip followed by 5 pct recovery but new lockdown not factored in

Thu, 05 Nov 2020 11:27:00 GMT

year’s recovery have been trimmed by 1 percentage point, to 5 pct. Growth for 2022 is seen at 3.5 pct... are reflected on the budget. The Commission sees a headline deficit of 7 pct of GDP, with the measures..., the primary balance could be forced to exceed 7 pct of GDP, and a double-digit general deficit.

Tourism could give economy annual 5 bln boost, NBG report finds

Wed, 02 Aug 2017 11:31:00 GMT

Tourism could generate an additional 5 billion euros for the Greek economy annually, according.... Employment in the tourism sector grew by 7 percent between 2008-2016 versus the 23 percent drop witnessed in other business sectors. The figure of 5 billion euros in extra tourism revenues is based