After three consecutive years of steep declines, the Athens Stock Exchange appears to be back on its feet, recording the highest year-to-August 15 return among all developed markets. Although hefty...
Foreign investors considering proposals for investment in Greece appear to base concerns on three main fields: the legal framework regarding contracts, town-planning regulations and tax regulations...
14/08/2003
Greek stocks ended sharply higher on Wednesday as the Athens Stock Exchange followed a trend in other European markets. The general index jumped 1.27 percent higher to end at 2,162.22 points, with...
13/08/2003
Banks’ first-half results have confirmed their forecasts for an improvement this year. As a whole, Greece’s credit institutions continue to focus on their core earnings performance, but have also...
13/08/2003
Greek stocks ended Tuesday's session flat reflecting a shrinking turnover in the Athens Stock Exchange with investors leaving the market for their summer holidays. The general index ended 0.14...
12/08/2003
The annual income for workers in Greece is among the lowest in the EU but the Greek workers enjoy more vacation time annually compared to the European average, based on a comparative study prepared...
12/08/2003
The proper functioning of the stock market is facing two big dangers: The first is attempts to paint it with the stigma of a lack of credibility, to present it as a place only for wheeler-dealers;...
12/08/2003
The Greek economy has been growing steadily since the mid-1990s, outpacing average EU growth since 1996. One would expect the country’s unemployment rate to be on a declining trajectory and...
11/08/2003
The government is concentrating on the Economy, while it is expected to move to impressive actions in the fall, aiming at, among other things, improving the governing party's image as a better...
08/08/2003
Payoffs of massive spending are hotly debated Once the Olympic flame dies next August, Greece will face what could be an even greater challenge than hosting the Games: turning the billions spent on...
08/08/2003