Category: FINANCE

State arrears to private sector reach bailout-era low in Dec. 2017 – 2.567 bln€
FINANCE
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FINANCE
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State arrears to private sector reach bailout-era low in Dec. 2017 – 2.567 bln€

Panos - Feb 07, 2018

The Greek state's arrears towards the private sector reached an all-time low - since the memorandum era began in 2010…

One-stop-shop establishment of businesses awaits ministerial decision
FINANCE
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FINANCE
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One-stop-shop establishment of businesses awaits ministerial decision

Panos - Feb 07, 2018

A long-awaited electronic "one-stop shop" process for establishing a business entity in Greece appears to be only days away, with…

Names of 10 former ministers in pharmaceuticals corruption case tabled in Greek Parliament
FINANCE
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FINANCE
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Names of 10 former ministers in pharmaceuticals corruption case tabled in Greek Parliament

Panos - Feb 06, 2018

The names of ten former ministers are on the list of suspects of bribery from a pharmaceuticals company to be…

Cypriot Energy Minister: Results from drilling at the “Calypso” project encouraging
FINANCE
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FINANCE
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Cypriot Energy Minister: Results from drilling at the “Calypso” project encouraging

makis - Feb 05, 2018

As very encouragingly described the results of the drilling in the “Calypso” project the energy minister of the Republic of…

Six billion Euros of direct foreign investments for Greece in 2018
FINANCE
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FINANCE
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Six billion Euros of direct foreign investments for Greece in 2018

Panos - Feb 05, 2018

The Greek government is preparing a plan for the post-memorandum era which will be of ‘Greek-cut’ and, after the latest…

Where does Greece rank in The Economist’s Democracy Index?
FINANCE
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FINANCE
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Where does Greece rank in The Economist’s Democracy Index?

Panos - Feb 05, 2018

Greece is ranked 38th in the Economist Intelligence Unit among 165 countries in the world. Across the world, 49.3 percent…

Ind’p Parliament Budget Office: Market exit does not mean end to creditors’ supervision
FINANCE
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FINANCE
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Ind’p Parliament Budget Office: Market exit does not mean end to creditors’ supervision

Panos - Feb 02, 2018

The last report by Parliament's independent Budget Office, under outgoing head Panayiotis Liargovas, again expresses heightened concerns and caution over…

IMF spox reiterates that debt relief a necessary condition for participation in any greek program
FINANCE
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FINANCE
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IMF spox reiterates that debt relief a necessary condition for participation in any greek program

Panos - Feb 02, 2018

A deputy IMF spokesman on Thursday stressed that the Fund continues to insist on reforms and debt relief as conditions…

Greece’s youth unemployment the highest in the EU
FINANCE
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FINANCE
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Greece’s youth unemployment the highest in the EU

Panos - Feb 01, 2018

Even though the ends of 2017 saw Greece show the biggest decline in general population unemployment in the European Union…

Greece wants clean break from lenders, preparing own post-bailout plan
FINANCE
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FINANCE
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Greece wants clean break from lenders, preparing own post-bailout plan

Panos - Feb 01, 2018

Greece expects to make a clean break with official lenders when its international bailout expires in August and has no…

ECB: Stress tests for 4 Greek systemic banks accelerated; results published in May
FINANCE
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FINANCE
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ECB: Stress tests for 4 Greek systemic banks accelerated; results published in May

Panos - Feb 01, 2018

The European Central Bank (ECB) will examine 37 euro area banks as part of the 2018 EU-wide stress test conducted…

Outgoing EWG chief Wieser: Only SYRIZA in 2017 took ‘possession’ of bailout program
FINANCE
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FINANCE
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Outgoing EWG chief Wieser: Only SYRIZA in 2017 took ‘possession’ of bailout program

Panos - Feb 01, 2018

Outgoing Euro Working Group chief Thomas Wieser on Wednesday, in summing up his tenure at the post, said no Greek…

DIW Berlin Institute head predicts Greek debt ‘haircut’ in 2018
FINANCE
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FINANCE
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DIW Berlin Institute head predicts Greek debt ‘haircut’ in 2018

Panos - Jan 31, 2018

The head of the influential DIW Berlin Institute was quoted this week as saying he predicts a "haircut" of the…

EC President Junker dubs re-election of Niinistö in Finland historic
FINANCE
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FINANCE
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EC President Junker dubs re-election of Niinistö in Finland historic

Panos - Jan 30, 2018

European Commission President Jean Claude Junker labelled the re-election for a second term by Finland’s Incumbent President Sauli Niinistö historic.…

Only 1 in 5 property owners able to pay ENFIA tax for 2018!
FINANCE
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FINANCE
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Only 1 in 5 property owners able to pay ENFIA tax for 2018!

Panos - Jan 29, 2018

According to the results of a survey conducted by pollsters Kapa Research for the Hellenic Property Federation (POMIDA), a large…

Regling: Linking debt reduction to growth rates not counter-productive
FINANCE
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FINANCE
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Regling: Linking debt reduction to growth rates not counter-productive

Panos - Jan 29, 2018

ESM Managing Director Klaus Regling expressed his certainty that linking further debt relief with growth in Greece will not be…

Tsipras-Lagarde meeting paves ways for IMF participation in Greek programme
FINANCE
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FINANCE
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Tsipras-Lagarde meeting paves ways for IMF participation in Greek programme

Panos - Jan 26, 2018

The meeting between Greek PM Alexis Tsipras and the IMF head, Christine Lagarde at Davos on Thursday, opened the prospect…

Statistics authority: Greek households continue to use savings in order to maintain consumption
FINANCE
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FINANCE
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Statistics authority: Greek households continue to use savings in order to maintain consumption

Panos - Jan 26, 2018

Greek households continued to "dip" into their savings in order to maintain their rate of consumption at a fixed level,…

Greek coal: The EU’s dirty little secret
FINANCE
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FINANCE
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Greek coal: The EU’s dirty little secret

Panos - Jan 25, 2018

A decision imposed by the EU on Greece to sell a large proportion of its lignite coal assets could be…

IMF head: All pensions in Greece too high
FINANCE
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FINANCE
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IMF head: All pensions in Greece too high

Panos - Jan 25, 2018

Amid increasing scenarios that the IMF is considering participating in the Greek bailout programme, Prime Minister Alexis Tsipras is meeting…