A small group of unionists are constantly creating problems in the execution of contracts for Lockheed Martin by state corporation Hellenic Aerospace Industry (EAB), as they are opposed to the ongoing restructuring of the company. This means the new contracts that EAB seeks to land are at risk of being lost.
The British School at Athens and the Greek Politics Specialist Group are organizing a research webinar on June 21 featuring Iosif Kovras of the University of Cyprus and Stathis Kalyvas of the University of Oxford, and titled “Who’s Sorry Now? Explaining (Non) Apologies in Post-Crisis Europe.”
A Finance Ministry bill that will pay Fraport Greece 177.9 million euros as aid compensating for losses due to the restrictive measures imposed to contain the coronavirus was approved at committee level on Tuesday.
The Turkish economy will grow 5.8% this year and return to a lower trend from 2022 onward, the International Monetary Fund said on Friday.
Greece’s financially inactive population has posted a worrying increase of 220,000 people within a year according to Hellenic Statistical Authority (ELSTAT) figures.
Greek industrial output rose 22.5% in April compared to the same month last year, after an upwardly revised 5.7% in March, data from statistics service ELSTAT showed on Thursday.
Greece raised 2.5 billion euros ($3.1 billion) on Wednesday after reopening a 10-year bond auction, with demand reportedly more than 10 times the received amount.
The length of the tourist season this year will determine the final result in terms of arrivals and revenues, Tourism Minister Haris Theocharis stated during an online event on Tuesday titled “Tourism and Safety,” organized by the Citizens’ Protection Ministry.
“We addressed the pandemic with bravery and the results in the economy are better than expected, so now we are looking forward to a significant [post-pandemic] recovery,” Deputy Finance Minister Thodoros Skylakakis said on Tuesday.
The European Union’s planned rulebook for green investments faced fresh pushback this week, with Greece, Cyprus and five other countries questioning its use in public spending, while green groups sought to delay approval of the rules.
Over the last three decades, German investments in Greece have contributed toward the modernization of the country, and they will continue to do so through the landmark projects by Volkswagen, RWE and Fraport, German Ambassador to Greece Ernst Reichel told a conference on Tuesday.
On June 23, the Delphi Economic Forum will be organizing the first edition of the Skopje Economic Forum.
Greece has mandated BNP Paribas, Deutsche Bank, Goldman Sachs Bank Europe, HSBC, J.P. Morgan and Nomura as joint lead managers to reopen a 10-year bond, the debt agency said on Tuesday.
The government is about to reform the system for conducting property auctions so as to render the assets available more attractive and to generate more buyer interest through the online platform e-auction.
The Public Debt Management Agency is planning to hold an auction on Wednesday, June 9, for 52-week treasury bills.
Development Minister Adonis Georgiadis met on Monday with Saudi Ambassador to Greece Saad Alammar.
