Economy Watch |

PM Tsipras to meet President Pavlopoulos to announce elections
President of the Republic Prokopios Pavlopoulos will receive Prime Minister Alexis Tsipras on Monday, at 18:30. The prime minister is expected to ask for the dissolution of the Parliament and to announce [...]

Zaev: ‘Prespes Agreement’s future is positively assured’
North Macedonia Prime Minister Zoran Zaev said that “‘after the politicians’ decisions, so it happens they are followed, in our friendly neighboring country Greece, by the people’s [...]

Parliament’s final session ratifies abolition of tax allowance

Economy
Achtsioglou: Our goals are more jobs, better pay, fairer taxes and a more efficient state
The goals of SYRIZA’s policy are new jobs with higher pay, fairer taxation and a more efficient state in order to bring about “growth that includes everyone and security in society,” [...]
Economy
Greek trade deficit down in April, up in first four months of 2019
Greek exports were growing twice as fast as imports in April, helping the country’s trade deficit to shrink by 5.2 pct in the month, although the trade deficit rose 7.7 pct in the first four months [...]
Economy
Greek pharmaceutical firms ask for re-examination of clawback mechanism
The Hellenic Association of Pharmaceutical Companies (SFEE) on Friday called for a re-examination of a clawback mechanism, citing difficulties facing a number of companies to meet their financial obligations. Noting [...]

Economy
Nominal office prices up 7.0 pct in 2018, Bank of Greece report says
Nominal office prices in Greece rose by an average 7.0 pct in 2018 compared with the previous year, after an 1.8 pct increase recorded in 2017/2016, the Bank of Greece said in a report released on Thursday. The [...]
Economy
Finance Ministry: Gov’t arrears in private sector tax returns drop in April
General government arrears to the private sector eased to 1,660 billion euros in April from 1,779 billion in March, official data showed on Wednesday. According to data by the Finance Ministry, new tax [...]
Economy
Greek business community welcomes reduction of employer contributions for young people
The Greek business community welcomed a government decision to lower monthly employer contributions for workers aged below 25 years, saying it is a positive step that will help boost employment, but reiterated [...]

PM Tsipras to present SYRIZA-Progressive Alliance programme on Monday

Politics
SYRIZA plans to ease burden on middle class, create more and better jobs, Charitsis says
Voters are faced with a dilemma between “decisive steps to achieve strong growth for all or a return to the vicious cycle of austerity,” Interior Minister Alexis Charitsis said in an interview [...]
Politics
Mitsotakis visits Kastellorizo, promises to defend its ‘inviolable rights’ against all challenges
Main opposition New Democracy President Kyriakos Mitsotakis paid a visit to the outlying Greek island of Kastellorizo on Sunday, stressing that it enjoyed all the “inviolable rights arising from [...]

Politics
President Prokopis Pavlopoulos to Turkey: ‘Peace, but in respect of the Law’
Greek President Prokopios Pavlopoulos aired a message of peace to Turkey on Saturday, on the sidelines of his visit to Delos island’s archaeological site, on occasion of the official presentation [...]
Politics
KINAL’s Genimata: ‘Small businesses need real support, not pre-electoral bribery’
Movement For Change (Kinima Allagis-KINAL) leader Fofi Genimata took a Saturday stroll through the historical Monastiraki district in Athens, visited some of the local businesses, talked with shop owners [...]

Archaeologists association rejects call for resignations over Acropolis wheelchair lift

Society
Special vessels are removing garbage and other objects from Thessaloniki’s Thermaic Gulf
Two special vessels have been cleaning the Thermaic Gulf in Thessaloniki since early Friday, removing garbage, even mice, that were found floating on the surface after recent heavy rain. At the orders [...]
Society
Firefighting aircraft arrived on Corfu; to remain all summer
Two PZL firefighting aircraft arrived at Corfu airport on Wednesday, ahead of the fire season. The aircraft will remain on Corfu throughout the summer, so that they are on hand to combat possible wildfires [...]
Society
Coast Guard locates and rescues 83 migrants in the sea regions of Lesvos and Chios
The Hellenic Coast Guard on Wednesday located and rescued 83 migrants and refugees in three separate incidents in the sea regions of Lesvos and Chios. Specifically, the two incidents were reported at the [...]

Society
All scheduled routes of the legendary ‘Moutzouris’ train in Pelion will resume on June 8-9
All scheduled routes of the legendary “Moutzouris” train in Pelion will resume on June 8-9, according to a TRAINOSE announcement. The train did not carry out scheduled services on May 25 -26 [...]
Society
Turkish fighter jet entered Athens FIR without submitting flight plans
A Turkish F-16 fighter jet entered the Athens Flight Information Region (FIR) without submitting flight plans on Wednesday. The Turkish military aircraft flew over the island of Agathonissi at 11:01 at [...]
Society
Acropolis Museum celebrates 10th birthday with inauguration of walk-through excavation
The Acropolis Museum will celebrate its 10th anniversary with several events including a photography show, a lecture on ancient colours, a concert by Stavros Xarchakos and the opening of a walk-through [...]

Business
Total of 34 Greek enterprises at PLMA 2019 fair in Amsterdam
A total of 34 Greek enterprises participated in the 34th International Private Label Fair held in Amsterdam, May 21-22. The PLMA is the biggest and most significant international fair in the private label [...]
Business
Aegean Airlines says traffic, revenue up in Q1
Aegean Airlines on Monday reported a 7.0 pct increase in passenger traffic and a 4.0 pct rise in consolidated revenue to 172 million euros in the first quarter of 2019, compared with the same period last [...]
Business
Piraeus Bank announces strategic partnership with Intrum
Piraeus Bank S.A. on Monday announced a long-term strategic partnership with Intrum to establish a market-leading servicer of non-performing assets in Greece, in a deal valued at 410 million euros. The [...]
Business
PPC postpones tendering for lignite units
The Public Power Corporation (PPC) announced that it is postponing the tendering deadline for the lignite units in Megalopoli and Florina to July 15. PPC said the change of deadline was agreed upon with [...]
Business
German energy sector companies on business mission in Thessaloniki, June 24-27
The Hellenic-German Chamber of Commerce and Industry is organising a business mission of German companies specializing on renewable energy sources, to be held in Thessaloniki on June 24-27. The mission [...]
Business
Russian coalminers’ cry for help
Russian coalminers have launched a crowd-funding campaign as well as a petition calling for political support from Russia and the UK, in an effort to promote their demands. Specifically, the coalminers [...]

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