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More than half of small businesses saw turnover dive by at least 50 pct due to capital controls

Tue, 04 Aug 2015 11:10:00 GMT

in a sample of 1,005 very small and small companies. According to the survey, more than half of firms reported a drop in their turnover of more than 50 percent, with 32 percent indicating a decline exceeding 70 percent. Overall, nine out of ten companies saw a decline in their revenues with the overall

Podcast - Long live the revolution: The legacy of Greece's 1821 war of independence

Wed, 24 Mar 2021 15:25:00 GMT

Greece is celebrating the 200th anniversary of its war of independence, which began in 1821 and allowed Greeks to free themselves of Ottoman rule and oppression, and form their own nation-state. To mark this occasion, we spoke to Sakis Gekas, the Hellenic Heritage Foundation (HHF) Chair of Modern

Dendias visit to Turkey builds on show of solidarity following earthquake

Mon, 13 Feb 2023 08:24:00 GMT

of humanitarian aid from Greece, carried in five planes. Cavusoglu noted that “we saw and watched that after... that rejoiced, we saw that all Greeks rejoiced.” Dendias fully endorsed Cavusoglu’s statement about Athens... during the last 3 years or so. For both countries to engage in a new phase of their relations

Helped by trading gains, Eurobank posts 305 mln in Q1 profits

Thu, 26 May 2022 11:44:00 GMT

Eurobank posted an adjusted net income of 305 million euros in the first quarter of 2022 (Q1), compared to a profit of 72 million euros last year. Core pre-provision income (PPI) rose by 10.4 percent year-on-year (YoY) in Q1 to 240.4 million euros, with 62.1 million euros of loan loss provisions

Vote on child custody bill reveals rifts within ND, KINAL

Fri, 21 May 2021 10:52:00 GMT

of vaccination rather than the total number of citizens vaccinated. In his weekly update on Wednesday, Health.... The top country, Malta, has administered more than twice that number, at 102 per 100 adults, while... of the population such as older citizens and healthcare workers. The search and rescue service EMAK

Newsletter 305 - 16/07/2021

Fri, 16 Jul 2021 05:16:00 GMT

than a third, according to some polls) is sceptical or completely opposed to the vaccines... October are thought to have exacerbated the second Covid wave in Greece. Wednesday saw the first mass..., and others putting the estimate at more than 5,000. The protesters, many carrying Greek flags, while

Lowest income groups in Greece saw wages drop and taxes rise most during crisis

Wed, 25 Mar 2015 09:53:00 GMT

Lower income groups in Greece saw their tax burden increase by 337.7 percent from 2008 to 2012... exacerbated by the fact that the tax burden on the weaker groups of the population was much heavier than... percent from 2008 to 2012, the bottom three income groups saw their earnings from wages sink the most

SYRIZA fractures further after direction shift as ND grapples with post-election scenarios

Wed, 15 Jul 2026 09:50:00 GMT

earlier, saw a faction led by former ministers Pavlos Polakis and Nikos Pappas and former Attica... committed to running separately from ELAS rather than toward any merger or joint platform. Talk of mass resignations suggests that moderate elements have decided to exit rather than contest the new

Holding out for a (reformist) hero

Mon, 11 Jan 2016 10:32:00 GMT

at the same time, Samaras abandoned all pretences and packed his cabinet full of party hacks that could engage in a political battle with the leftist party rather than implement the measures being demanded... Lula, rather than Venezuela’s Hugo Chavez. However, this bubble also burst when Tsipras decided

IMF examines where programme went wrong, what lessons were learnt

Wed, 08 Feb 2017 10:01:00 GMT

a preference for an ambitious, front-loaded adjustment, the report notes that the IMF clearly saw... projections, largely due to lower growth and deflators, while unemployment was much higher than originally... and the OSI, public debt recorded a relatively modest immediate decrease to 305 billion euros (160 percent