Category: FINANCE

FINANCE
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Finance Minister Tsakalotos meets with his French counterpart in Paris

Panos - Jan 11, 2016

Finance Minister Euclid Tsakalotos met with French Finance Minister Michel Sapin in Paris for an hour on Sunday, in the…

FINANCE
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Tackling NPLs becomes even more difficult

chris1 - Jan 10, 2016

The Greek government’s margin for maneuver is exceptionally limited in its negotiations with the country’s creditors regarding the fate of…

FINANCE
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Greek government has solid majority to pass pension reform

ilias1 - Jan 10, 2016

Jan 9 Greece's leftist government will be able to push through a crucial pension reform in parliament, part of measures…

FINANCE
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Polygon exploring opportunities in Greece

ilias1 - Jan 10, 2016

Polygon Global Partners’ European Equity Opportunity Fund returned 10.3 percent last year, according to two people with knowledge of the…

FINANCE
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Greece’s lenders arrive for first evaluation on 18 January

ilias1 - Jan 09, 2016

The goal he had said is to finish the evaluation by the end of February, adding that the reforms to…

FINANCE
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Pension reform brings one billion euros worth of new measures

ilias1 - Jan 09, 2016

The imminent reform in the Greek pension system will be accompanied by a series of measures that aim to save…

FINANCE
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Cyprus sees record rise in airport traffic in 2015

ilias1 - Jan 09, 2016

Despite the negative beginning to the year, 2015 ended with a remarkable return, delivering the best results to date, it…

FINANCE
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Oil production at Prinos doubled to 3,000 barrels a day

ilias1 - Jan 09, 2016

Energean Oil & Gas has announced that following the completion of the first of fifteen planned oil wells in the…

FINANCE
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Farming sector preparing from strike actions next week

ilias1 - Jan 09, 2016

Farmers from Thessaly are preparing to respond to the government policies of further cuts and increasing taxes with a series…

FINANCE
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Greek economic sentiment index up slightly in Dec

makis - Jan 08, 2016

Greek economic sentiment index rose slightly to 87.1 points in December, from 86.5 in November, but remained low compared with…

FINANCE
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Greece to auction three-month T-bill on Wednesday

Panos - Jan 08, 2016

Greece's Public Debt Management Organization will auction a three-month Treasury bill issue next Wednesday, 13 January, worth 625 million euros.…

FINANCE
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Greek industrial production up 1.8 pct in Nov

Panos - Jan 08, 2016

Greek industrial production index grew 1.8 pct in November, with manufacturing production rising 1.1 pct in the month, Hellenic Statistical…

FINANCE
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Certain EU circles always try to undermine the climate before the negotiation, gov’t sources say

Panos - Jan 08, 2016

"The stance of certain EU circles before the beginning of the negotiation is known. They try to undermine the climate…

FINANCE
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Central Union of Chambers head opposes to higher social security contributions

Panos - Jan 08, 2016

The president of the Central Union of Chambers Konstantinos Mihalos on Friday said that he does not agree with the…

FINANCE
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For the first time we will have one speed pensioners, Labour Min Katrougalos says

Panos - Jan 08, 2016

"For the first time we will have one speed pensioners," Labour Minister George Katrougalos on Friday said in a press…

FINANCE
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Athens Stock Exchange opening: Recovery

Panos - Jan 08, 2016

Equity prices were recovering on Friday on the Athens Stock Exchange (ASE), with the basic share price index up 0.93…

FINANCE
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Greek enterprises see significant economic prospects in 2016‏

Panos - Jan 08, 2016

There are significant capabilities of supporting economic activity in 2016 through offering significant liquidity from the state to the private…

FINANCE
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Energean Oil & Gas doubles oil production in Prinos

Panos - Jan 07, 2016

Oil production in the Prinos oilfield doubled following completion of the first from a total of 15 drillings scheduled for…

FINANCE
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Greek unemployment rate eased to 24.6 pct in Sept

Panos - Jan 07, 2016

Greek unemployment rate eased to 24.6 pct of the workforce in September, slightly down compared with 24.7 pct in August…

FINANCE
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Greek trade deficit down 1.8 pct in Jan-Nov

Panos - Jan 07, 2016

Greek trade deficit shrank by 1.8 pct in November as imports fell more in value compared with a decline in…