Category: FINANCE

Thousands of firms flee to Bulgaria
FINANCE
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FINANCE
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Thousands of firms flee to Bulgaria

makis - Feb 03, 2016

According to the president of the Hellenic Confederation of Professionals, Craftsmen and Merchants (GSEVEE), some 6,000 Greek enterprises have emigrated…

60% of Greek employees earn less than 1,000 euros
FINANCE
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FINANCE
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60% of Greek employees earn less than 1,000 euros

Panos - Feb 03, 2016

During the period of 2014-2015 the low-paid employees in Greece rose by 80,410 people, according to staff statements submitted by…

FINANCE
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Govt proposes rates of more than 60%

Panos - Feb 03, 2016

Greek Finance Minister Euclid Tsakalotos is awaiting the response of creditors on Wednesday following his proposal for a tax rate…

EU to Greece: Secure your borders applying all Schengen rules
FINANCE
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FINANCE
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EU to Greece: Secure your borders applying all Schengen rules

makis - Feb 02, 2016

Following a positive opinion by the Schengen evaluation committee on Friday, the College of Commissioners has today adopted the Schengen…

Who is the Turkish media mogul that wants to set up shop in Greece?
FINANCE
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FINANCE
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Who is the Turkish media mogul that wants to set up shop in Greece?

makis - Feb 02, 2016

Turkish TV presenter/Turkish TV8 Channel owner Acun Ilicali dominated Greek press reports on Monday with talk of a meeting he…

FINANCE
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Eurozone unemployment falls to 4-year low in December; Greece at 24.5 pct

Panos - Feb 02, 2016

The Eurostat statistics agency said unemployment in the 19-nation eurozone dropped to 10.4 percent in December from 10.5 percent in…

Negotiations between gov’t and institutions to focus on pension reforms and bad loans
FINANCE
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FINANCE
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Negotiations between gov’t and institutions to focus on pension reforms and bad loans

Panos - Feb 02, 2016

The negotiations between the government and the institutions continue for a second day. The first meeting between Labour Minister George…

Under pressure for cuts in main pensions and income tax hikes
FINANCE
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FINANCE
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Under pressure for cuts in main pensions and income tax hikes

Panos - Feb 02, 2016

The talks between the government and institutions on the bailout program review resumed in Athens on Monday, with Greece’s creditors…

Greek economic sentiment index up in January, says IOBE
FINANCE
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FINANCE
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Greek economic sentiment index up in January, says IOBE

makis - Feb 01, 2016

Greek economic sentiment index rose significantly at 91.6 points in January, from 87.1 in December, but remained below a 95.9…

Tsipras: “The recovery of the banks is necessary to exit the crisis”
FINANCE
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FINANCE
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Tsipras: “The recovery of the banks is necessary to exit the crisis”

makis - Feb 01, 2016

“Any attempt to exit the crisis must first see a consolidation of the banking system” argued the Prime Minister Alexis…

Farmers harden stance and decide to cut off access at Tempi
FINANCE
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FINANCE
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Farmers harden stance and decide to cut off access at Tempi

makis - Feb 01, 2016

A meeting is currently under way at Tempi, where farmers are debating the escalation of their protest actions. As of…

Negotiations with EC, ECB, ESM and IMF resume in Athens
FINANCE
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FINANCE
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Negotiations with EC, ECB, ESM and IMF resume in Athens

makis - Feb 01, 2016

The heads of the institutions quartet – the European Commission's Declan Costello, the European Central Bank's Rasmus Refer, European Stability…

Urban transport ticket prices increase to €1.40 as of Monday
FINANCE
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FINANCE
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Urban transport ticket prices increase to €1.40 as of Monday

ilias1 - Feb 01, 2016

The ticket price for urban transportation has increased from 1.20 to 1.40 euros as of Monday, while the price for…

Online purchases from supermarkets steadily growing, report
FINANCE
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FINANCE
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Online purchases from supermarkets steadily growing, report

Panos - Feb 01, 2016

Social media and smart phones are having an increased impact on supermarket sales, a report by the Institute for Research…

Greek economic sentiment index up to 91.6 points in Jan
FINANCE
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FINANCE
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Greek economic sentiment index up to 91.6 points in Jan

Panos - Feb 01, 2016

Greek economic sentiment index rose significantly to 91.6 points in January, from 87.1 in December, but remained below a 95.9…

Greek PMI almost unchanged at 50 points in Jan
FINANCE
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FINANCE
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Greek PMI almost unchanged at 50 points in Jan

Panos - Feb 01, 2016

Greece's Purchasing Managers' Index (PMI) remained almost unchanged at 50 points in January, from 50.2 points in December 2015, offering…

FINANCE
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Αthens Stock Exchange opening: Rise

Panos - Feb 01, 2016

Equity prices were rising on Monday on the Athens Stock Exchange (ASE), with the basic share price index up 0.49…

Government seeks more transparency in party finances
FINANCE
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FINANCE
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Government seeks more transparency in party finances

chris1 - Jan 31, 2016

The government is exploring measures to increase transparency in the funding of political parties, amid growing pressure from international creditors…

Negotiations between Greece and its lenders to start on Monday
FINANCE
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FINANCE
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Negotiations between Greece and its lenders to start on Monday

chris1 - Jan 31, 2016

The Greek government will meet with the representatives of the Institutions to start the negotiations on all open issues on…

FINANCE
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“The Grexit is a closed chapter”

ilias1 - Jan 31, 2016

The governor of the Bank of Greece Yannis Stournaras was adamant that the possibility of ‘Grexit’ is “a closed chapter”,…