Category: FINANCE

Brexit: EU offers UK delay till May 22
FINANCE
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FINANCE
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Brexit: EU offers UK delay till May 22

Panos - Mar 22, 2019

The European Union will agree to hand Britain a Brexit delay until May 22 if its parliament approves the divorce…

ECB: Significant drop in NPLs in eurozone in Q3 2018; Greece still highest, 90 bln€
FINANCE
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FINANCE
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ECB: Significant drop in NPLs in eurozone in Q3 2018; Greece still highest, 90 bln€

Panos - Mar 22, 2019

The European Central Bank (ECB) on Thursday announced a significant decrease in the volume of non-performing loans in the Eurozone…

Βloomberg: Novartis probe finds no trace of bribes to Greek politicians
FINANCE
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FINANCE
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Βloomberg: Novartis probe finds no trace of bribes to Greek politicians

Panos - Mar 22, 2019

A Bloomberg report on Wednesday, quoting a Novartis AG “internal investigation“, dived directly into a Greek political clash involving insinuations…

Greek taxpayers paid 8.328 billion euros in taxes in 2018
FINANCE
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FINANCE
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Greek taxpayers paid 8.328 billion euros in taxes in 2018

Panos - Mar 22, 2019

A total of 8,907,722 Greek taxpayers paid 8.328 billion euros in taxes in 2018 on declared income of 73.612 billion…

Privatized Thessaloniki Port Authority announces beginning of obligatory 180-mln€ investment plan
FINANCE
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FINANCE
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Privatized Thessaloniki Port Authority announces beginning of obligatory 180-mln€ investment plan

Panos - Mar 21, 2019

Obligatory investments for the recently privatized Thessaloniki Port Authority (OL.Th) worth 180 million euros, based on a concession agreement between…

Commission’s Costello in Athens: Greek GDP growth should reach 3.5 to 4% annual
FINANCE
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FINANCE
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Commission’s Costello in Athens: Greek GDP growth should reach 3.5 to 4% annual

Panos - Mar 20, 2019

European Commission mission chief for Greece Declan Costello on Wednesday repeated the EU executive's message of staying on the "reform…

Greece last in EU in vacant job positions
FINANCE
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FINANCE
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Greece last in EU in vacant job positions

Panos - Mar 19, 2019

Greece came last in the EU in terms of available jobs for the last quarter of 2018, according to data…

New dynamics in the Eastern Mediterranean for East Med
FINANCE
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FINANCE
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New dynamics in the Eastern Mediterranean for East Med

Panos - Mar 18, 2019

New data are being developed in the Eastern Mediterranean following Egypt’s decision to support the investment project of the East…

IMF report: Greece aims to pay off 60% of debt to Fund
FINANCE
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FINANCE
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IMF report: Greece aims to pay off 60% of debt to Fund

Panos - Mar 15, 2019

The IMF's country report on Greece this week confirms that the Tsipras government intends to pay off as much as…

Regling dampens Athens’ hopes for easing of primary budget surplus target in place until 2023
FINANCE
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FINANCE
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Regling dampens Athens’ hopes for easing of primary budget surplus target in place until 2023

Panos - Mar 15, 2019

European Stability Mechanism (ESM) Managing Director Klaus Regling told Greek media on Wednesday that Athens is committed to posting a…

Report: Most private sector wage-earners in Greece unhappy with current employment
FINANCE
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FINANCE
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Report: Most private sector wage-earners in Greece unhappy with current employment

Panos - Mar 14, 2019

Most private sector wage-earners in Greece are not satisfied with their current employment, results of a study by the research…

Turkey falls into recession as lira crisis takes long-lasting toll
FINANCE
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FINANCE
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Turkey falls into recession as lira crisis takes long-lasting toll

Panos - Mar 13, 2019

Turkey’s president Recep Tayyip Erdogan is confronting his first recession in a decade as he prepares for local elections that…

EU court shields ECB from disclosing key document in Greek crisis
FINANCE
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FINANCE
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EU court shields ECB from disclosing key document in Greek crisis

Panos - Mar 13, 2019

The European Union’s court on Tuesday denied access to a European Central Bank (ECB) document which underpinned its decision to…

IMF: Greek economy need even a new memorandum
FINANCE
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FINANCE
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IMF: Greek economy need even a new memorandum

Panos - Mar 13, 2019

The International Monetary Fund (IMF) sees multiple dangers that could derail the Greek economy, mainly due to judicial decisions regarding…

Eurogroup: No disbursement of the 1 billion Euros installment for Greece
FINANCE
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FINANCE
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Eurogroup: No disbursement of the 1 billion Euros installment for Greece

Panos - Mar 12, 2019

The disbursement of the 1 billion Euro installment to Greece has been postponed by the Eurogroup. The lack of agreement…

Eurogroup: No disbursement of the 1 billion Euros installment for Greece
FINANCE
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FINANCE
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Eurogroup: No disbursement of the 1 billion Euros installment for Greece

makis - Mar 11, 2019

The disbursement of the 1 billion Euro installment to Greece has been postponed by the Eurogroup. The lack of agreement…

Greek unemployment rate fell to 18 pct of the workforce in December 2018
FINANCE
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FINANCE
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Greek unemployment rate fell to 18 pct of the workforce in December 2018

Panos - Mar 08, 2019

Greek unemployment rate fell to 18 pct of the workforce in December 2018, from 18.3 pct in November and 20.8…

Price-setting regime for pharmaceuticals in Greece latest ‘battleground’ for govt, opposition
FINANCE
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FINANCE
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Price-setting regime for pharmaceuticals in Greece latest ‘battleground’ for govt, opposition

Panos - Mar 08, 2019

Pharmaceutical prices in Greece proved to be the latest "battleground" between the government and the opposition this week, with the…

Eurostat: A total of 34,305 people acquired Greek citizenship in 2017
FINANCE
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FINANCE
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Eurostat: A total of 34,305 people acquired Greek citizenship in 2017

Panos - Mar 07, 2019

A total of 34,305 people acquired Greek citizenship in 2017, up 3 percent compared to 2016, according to Eurostat. Of…

Bank of Greece: 1,5% rise in 2018 in house prices for the first time since 2009
FINANCE
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FINANCE
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Bank of Greece: 1,5% rise in 2018 in house prices for the first time since 2009

Panos - Mar 06, 2019

After a long period of decline that began in early 2009, the housing market first reported a positive sign in…