Category: FINANCE

Greek economic turnaround continues
FINANCE
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FINANCE
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Greek economic turnaround continues

Panos - Dec 19, 2017

The positive signs coming out of the Greek economy increased this week as the country saw its fiscal targets being…

Seven Greek Shipowners at Top of Lloyd’s International List
FINANCE
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FINANCE
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Seven Greek Shipowners at Top of Lloyd’s International List

Panos - Dec 18, 2017

Greek shipping continues to be at the top of the world, despite the economic crisis that continues to plague Greece.…

‘Surplus profit’ tax returns on property transactions in Greece next year
FINANCE
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FINANCE
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‘Surplus profit’ tax returns on property transactions in Greece next year

Panos - Dec 18, 2017

A resumption of a previously unproductive tax on "surplus profit" from the sale of all types of real estate in…

More jobs created in Greece, but not full-time ones
FINANCE
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FINANCE
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More jobs created in Greece, but not full-time ones

Panos - Dec 18, 2017

The Greek government may boast about the reduction of unemployment, but most of the new jobs created are for part-time…

Greece accelerates its efforts to attract investments
FINANCE
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FINANCE
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Greece accelerates its efforts to attract investments

Panos - Dec 18, 2017

Greece is moving at an accelerated pace…absorbing investments, as is now evident from many sources of official data. According to…

Survey: 53% of Greeks believe life was better 50 years ago
FINANCE
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FINANCE
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Survey: 53% of Greeks believe life was better 50 years ago

Panos - Dec 18, 2017

More than half of Greeks (53%) believe that the standard of living in Greece today is worse than it was…

A Greek & a Cypriot on POLITICO’s list of the 28 most influential EU personalities for 2018
FINANCE
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FINANCE
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A Greek & a Cypriot on POLITICO’s list of the 28 most influential EU personalities for 2018

makis - Dec 15, 2017

One of the two names is more than well-known both in Greece and around Europe as it belongs to the…

Greek state primary budget surplus at 4.658 bln euros over Jan-Nov 2017
FINANCE
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FINANCE
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Greek state primary budget surplus at 4.658 bln euros over Jan-Nov 2017

Panos - Dec 15, 2017

The Greek state budget posted a primary surplus budget of 4.658 billion euros over the Jan-Nov 2017 period, down from…

Complete holiday shopping hour schedule
FINANCE
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FINANCE
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Complete holiday shopping hour schedule

Panos - Dec 15, 2017

The extended holiday shopping hour schedule will take effect from Friday, December 15. All stores will be open the two…

Greek 3-month T-bills raise 1.3 bln€ on Wed.; 1.6% yield
FINANCE
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FINANCE
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Greek 3-month T-bills raise 1.3 bln€ on Wed.; 1.6% yield

Panos - Dec 14, 2017

The Greek state drained 1.3 billion euros from the markets on Wednesday through the auction of 3-month T-bills, according to…

Greece should only get a debt deal after its bailout is finished, new Eurogroup president says
FINANCE
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FINANCE
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Greece should only get a debt deal after its bailout is finished, new Eurogroup president says

Panos - Dec 14, 2017

Greece needs to fully complete its current bailout program before the country receives any relief on its huge debt pile,…

Small fee on plastic bags to be imposed as of Jan. 1, 2018
FINANCE
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FINANCE
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Small fee on plastic bags to be imposed as of Jan. 1, 2018

Panos - Dec 14, 2017

A three-cent fee will be imposed on all plastic bags in Greece as of Jan. 1, 2018, rising to seven…

Bloomberg: Betting on A Greek Recovery
FINANCE
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FINANCE
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Bloomberg: Betting on A Greek Recovery

Panos - Dec 13, 2017

Prem Watsa is bullish on both Eurobank Ergasias SA and Greece’s economy. After suffering losses of more than $600 million…

Emergency central bank funding to Greek banks drops by 2.9 billion euros
FINANCE
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FINANCE
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Emergency central bank funding to Greek banks drops by 2.9 billion euros

Panos - Dec 13, 2017

Emergency central bank funding to Greek lenders dropped by 2.9 billion euros (£2.5 billion), or 12.7 percent, in November compared…

Notaries postpone certain seized property auctions
FINANCE
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FINANCE
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Notaries postpone certain seized property auctions

Panos - Dec 13, 2017

The board of the Appellate Notaries Associations of Athens-Piraeus, the Aegean, and the Dodecanese islands have announced the postponement of…

Eurostat: One in 3 residents in Greece face ‘material, social deprivation’
FINANCE
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FINANCE
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Eurostat: One in 3 residents in Greece face ‘material, social deprivation’

Panos - Dec 13, 2017

Greece ranks third, from the bottom, in terms of Eurostat's "Material and social deprivation" report for 2016, with only Romania…

EU Poll: Greeks overwhelmingly convinced of widespread corruption
FINANCE
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FINANCE
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EU Poll: Greeks overwhelmingly convinced of widespread corruption

makis - Dec 12, 2017

Corruption in Greece is an ongoing political issue, that has been debated to death over the past 35 years. Now…

Greece financial crisis: Fears general election could spark further turmoil
FINANCE
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FINANCE
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Greece financial crisis: Fears general election could spark further turmoil

Panos - Dec 12, 2017

GREECE’s economy is growing, but as the country comes to the end of its bailout program the looming threat of…

Eurostat: Greece has highest tax rises in EU
FINANCE
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FINANCE
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Eurostat: Greece has highest tax rises in EU

Panos - Dec 12, 2017

Greece recorded the highest rise among all countries in taxation increases with a 2.3% hike between 2015 and 2016. Romania,…

EU Poll: Greeks Overwhelmingly Convinced of Widespread Corruption
FINANCE
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FINANCE
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EU Poll: Greeks Overwhelmingly Convinced of Widespread Corruption

Panos - Dec 12, 2017

Corruption in Greece is an ongoing political issue, that has been debated to death over the past 35 years. Now…