Economy Watch |

25092017Headline:

Germany’s far-right enters Parliament for first time since WW2

Dijsselbloem: Greece’s exit from memoranda is government and European partners’ goal
Greece’s exit from the memoranda is a common goal for both the Greek government and its European partners, Eurogroup chief Jeroen Dijsselbloem said in an interview with ‘Ta Nea’ newspaper. He [...]

ESM chief Regling: Greece can tap markets in 10 months, if it implements reforms
“Greece can exit the current aid programme in 10 months and be financed independently through the markets, if the government adheres to the agreed reforms to strengthen growth and employment,” [...]

CNBC: How will a new German government tackle issues like Greece?

Economy
Stathakis: Eldorado Gold must ‘stick to investment plans’
Environment and Energy Minister George Stathakis urged the Canadian mining firm Eldorado Gold to stick to its investment plans and the specific standards set out in the contract for its Greek investments, [...]
Economy
TAP to spend 1 mln euro to support postgraduate energy studies
Trans Adriatic Pipeline (TAP) AG on Friday announced a one-million-euro initiative for funding Master’s degree programmes in the energy sector, offered by the University and the Technological Educational [...]
Economy
Hellenic Statistical Authority: Vacant job positions down 3.6 pct in Q2
Vacant job positions in the Greek economy – excluding the primary sector and households – fell 3.6 pct in the second quarter of 2017, compared with the corresponding period in 2016 to 14,630 [...]

Economy
Building materials’ prices up 0.2 pct in August
Building materials’ prices grew 0.2 pct in August, reflecting a price increase in diesel oil, Hellenic Statistical Authority said on Friday. The statistics service, in a monthly report, attributed [...]
Economy
Greek manufacturing industry focuses on exports activity for growth
Greece’s manufacturers reduced their presence in the domestic market in efforts to boost export activity, turning to foreign markets to sell their products at better prices and on better payment [...]
Economy
Katrougalos: IMF always made it hard to conclude programme reviews
A key feature of the third review is that the International Monetary Fund (IMF) must decide if it wants to remain in the Greek programme, Alternate Foreign Minister for European Affairs George Katrougalos [...]

PM Tsipras congratulates Angela Merkel for her victory in the German elections

Politics
Athens Newspapers Headlines: Monday 25/09 edition
The Monday edition of Athens dailies at a glance ΕTHΝΟS: Extreme right shocks Berlin ΕLEFTHEROS TYPOS: The secrets for pension with 35 year experience ΕSΤΙΑ: Centre right resists, extreme right [...]
Politics
Antonopoulou: Greece seeing steady improvement in jobless and employment rate
reece is seeing a steady improvement as regards the reduction of unemployment – now fallen to 21.1 pct – and, more importantly, an increase in employment, but there was still no room for complacency, [...]

Politics
Political developments could become unpredictable ‘at any time,’says ND’s Hatzidakis
The country’s economy will continue to drag its feet if the policies being implemented by the SYRIZA-ANEL government are not changed, main opposition New Democracy’s Vice-President Kostis [...]
Politics
ND spokesman Kikilias repeats demand for shipping minister’s resignation
In a sarcastic comment posted on Twitter on Sunday, main opposition New Democracy’s spokesman Vassilis Kikilias attacked the prime minister and repeated his party’s demand for the resignation [...]

Ecumenical Patriarch Bartholomew in Thrace for ‘Stephanos Karatheodoris Year’

Society
Rain and storms sweeping across the country are forecast on Monday
Rain and storms sweeping across the country from the northwest are forecast on Monday. Winds northerly, reaching a maximum velocity of 6 Beaufort. Cloudy weather followed by rain is forecast in the north, [...]
Society
Coach driver, two accomplices, arrested on migrant-trafficking charges
The driver of a coach carrying 45 illegal migrants, 20 of them underage, was arrested after he was pulled over on the Egnatia Highway, near the Profitis junction, police announced on Sunday. The 51-year-old [...]
Society
Police release seven detained for attacks in Exarchia
Police on Sunday released seven individuals detained after attacks on police in Exarchia late on Saturday using petrol bombs, finding no evidence to support prosecution. The seven were detained after groups [...]

Society
Culture minister wraps up week-long visit to China, with significant results
Culture Minister Lydia Koniordou on Sunday concluded a visit to China (17-24 September) with “significant results and a new momentum for the future,” a culture ministry announcement said. The [...]
Society
Medical association urges action to protect healthcare staff against measles epidemic
Greece’s Panhellenic Medical Association on Friday warned of a need for action to protect healthcare professionals from a measles epidemic currently sweeping the country and ensure they are properly [...]
Society
Man killed after falling on tracks at Panepistimio metro station
A man that fell onto the tracks at Panepistimio metro station in central Athens on Friday afternoon has died, authorities announced. His dead body was recovered in extraction operation involving 15 firemen [...]

Business
Grivalia Properties buys commercial property for 14.36 mln euros
Grivalia Properties on Friday said it was the highest bidder in a tender to buy the remaining 50 pct of a real estate property located in Syggrou Avenue 340, Kallithea. The company said the price to buy [...]
Business
Thessaloniki Port Authority reports significantly improved H1 results
The year 2017 is evolving into a landmark year for Thessaloniki Port Authority according to its management, as economic figures in the first half “strengthened estimates for the biggest increase [...]
Business
Eurobank signs 150-mln-euro loan agreement with EIB
The European Investment Bank (EIB) and Eurobank have signed a 150 million euros loan agreement to finance eligible projects undertaken by small and medium-sized enterprises and midcaps operating in Greece, [...]
Business
Papastratos reports improved 2016 results
Papastratos reported pre-tax profits of 27.14 million euros in 2016, up from 7.89 million in 2015, while turnover rose to 291.63 million euros from 274.15 million in 2015. “Thanks to our strategic [...]
Business
Central bank probe not expected to have ‘material financial or capital impact,’ Piraeus Bank says
In a follow-up announcement released on Wednesday, Piraeus Bank said it did not expect “material financial or capital impact” as a result of an ongoing inspection by Greece’s central [...]
Business
Interamerican to pay 0.082 euros per share dividend to shareholders
Interamerican on Monday said it pay a dividend of 0.082 euros per share, or 10.05 million euros (pre-tax) to its shareholders, starting September 22. The company reported operating earnings of 21.1 million [...]