Category: FINANCE

French FDIs in Greece at 2.1 bln€ in 2016
FINANCE
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FINANCE
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French FDIs in Greece at 2.1 bln€ in 2016

Panos - Dec 05, 2017

French direct investments in Greece in 2016 reached 2.1 billion euros, an increase of 9 percent, from the previous year,…

The European countries with the highest proportion of births outside of marriage, mapped
FINANCE
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FINANCE
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The European countries with the highest proportion of births outside of marriage, mapped

makis - Dec 04, 2017

A user on the subreddit MapPorn has created a map of live births outside of marriage, by European country. The…

1.3% GDP growth for 3rd quarter: ELSTAT
FINANCE
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FINANCE
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1.3% GDP growth for 3rd quarter: ELSTAT

makis - Dec 04, 2017

The Hellenic Statistical Authority (ELSTAT) announced Monday morning that the growth rate for the 3rd quarter of 2017 would amount…

Greece, Creditors Strike Deal on the Conditions for Fresh Cash
FINANCE
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FINANCE
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Greece, Creditors Strike Deal on the Conditions for Fresh Cash

Panos - Dec 04, 2017

Greece and its international creditors agreed on a set of economic overhauls the country must undertake in exchange for fresh…

Greek wineries showcase produce in Germany
FINANCE
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FINANCE
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Greek wineries showcase produce in Germany

Panos - Dec 01, 2017

The profile of Greek wine varieties is on the rise around the world, with a focus this month on introducing…

‘Tax receipt lottery’ finally debuts in Greece on Thur.
FINANCE
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FINANCE
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‘Tax receipt lottery’ finally debuts in Greece on Thur.

Panos - Dec 01, 2017

Greece’s first-ever “tax receipt lottery” debuted on Thursday, years after the idea was first proposed as a way of boosting…

IMF spox: Support for Regling proposal to use leftover bailout funds to pay-off past Greek loans
FINANCE
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FINANCE
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IMF spox: Support for Regling proposal to use leftover bailout funds to pay-off past Greek loans

Panos - Dec 01, 2017

An IMF spokesman on Thursday reiterated that the Fund will not participate, as a lender, in the Greek program without…

Protesters in fierce clashes with police over online home auctions in Greece
FINANCE
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FINANCE
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Protesters in fierce clashes with police over online home auctions in Greece

Panos - Nov 30, 2017

Protesters who were losing their homes engaged in fierce clashes with Greek riot police on the first day of online…

OECD forecast for Greece: 2.3% in 2018, 2% in 2019
FINANCE
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FINANCE
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OECD forecast for Greece: 2.3% in 2018, 2% in 2019

Panos - Nov 29, 2017

The Organisation of Economic Co-operation Development (OECD) foresees economic growth in Greece at 2.3 percent for 2018, up from 1.4…

Bitcoin surges to new record high as price nears $10,000
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FINANCE
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Bitcoin surges to new record high as price nears $10,000

makis - Nov 28, 2017

Bitcoin’s vertiginous ascent showed no signs of abating on Monday, with the cryptocurrency soaring to another record high just a…

Why Grexit cannot save Greece
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FINANCE
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Why Grexit cannot save Greece

Panos - Nov 28, 2017

In 2008-2013 Greece suffered an extraordinary economic decline, from which it has not yet recovered. For a while, the idea…

Regling echoes other European leaders in optimistic view of ongoing Greek bailout review prospects
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FINANCE
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Regling echoes other European leaders in optimistic view of ongoing Greek bailout review prospects

Panos - Nov 28, 2017

ESM Managing Director Klaus Regling "stayed on message" over the weekend vis-a-vis the "last stretch" of ongoing third Greek bailout,…

Resumption of property auctions in Greece on Wed. to coincide with return of creditors’ auditors
FINANCE
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FINANCE
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Resumption of property auctions in Greece on Wed. to coincide with return of creditors’ auditors

Panos - Nov 28, 2017

Auctions of foreclosed properties in Greece are set to recommence on Wednesday, both at local courts (eirinodikia) and via a…

Creditors due in Athens to resume bailout review talks
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FINANCE
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Creditors due in Athens to resume bailout review talks

Panos - Nov 27, 2017

Greek government officials will restart direct talks with international creditors this week, as part of the third review of the…

ECB Lowers Funding Cup for Greek Banks by €1.1 Billion
FINANCE
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FINANCE
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ECB Lowers Funding Cup for Greek Banks by €1.1 Billion

Panos - Nov 24, 2017

The European Central Bank lowered the cap on Emergency Liquidity Assistance (ELA) Greek banks draw from the domestic central bank…

Eurostat: Greek macroeconomic indices showing a return to normalcy
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FINANCE
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Eurostat: Greek macroeconomic indices showing a return to normalcy

Panos - Nov 24, 2017

Greece's recession-battered economy is showing significant improvement in Stability Pact macroeconomic indices, 10 months before a scheduled end of the…

Greek FinMin: 2018 budget not ‘completely fair’
FINANCE
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FINANCE
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Greek FinMin: 2018 budget not ‘completely fair’

Panos - Nov 24, 2017

Greek Finance Minister Euclid Tsakalotos, speaking before members of a Parliament budget committee on Thursday, referred to a draft 2018…

OECD: Greece has highest rate of tax hikes for 2016
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FINANCE
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OECD: Greece has highest rate of tax hikes for 2016

makis - Nov 23, 2017

According to data by the OECD, Greece has the highest rate of tax hikes in 2016. The organisation’s report reveals…

Eurostat: Greek macroeconomic indices showing a return to normalcy
FINANCE
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FINANCE
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Eurostat: Greek macroeconomic indices showing a return to normalcy

Panos - Nov 23, 2017

Greece's recession-battered economy is showing significant improvement in Stability Pact macroeconomic indices, 10 months before a scheduled end of the…

Greek PPC & Polish Solaris focus on electric public transportation
FINANCE
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FINANCE
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Greek PPC & Polish Solaris focus on electric public transportation

Panos - Nov 23, 2017

Greece might begin using electric public transportation only with the good signs visible already from today. On Tuesday, November 21,…