Economy
Greek stocks rise by 3.5 pct after three weeks of decline in 2016
Τhe Greek stock market rebounded 3.5 percent this week but on thinner volumes, after cumulative losses of 15.4 percent in the first three weeks of the year.
Credit contraction slows to 2 pct in Dec on net loan additions of 210 mln
Greek bank credit contraction slowed to 2 percent in December from 2.2 percent in November, Bank of Greece (BoG) data showed on Friday.
Deposit inflows of 2.65 bln in Dec, highest positive flow since Feb 2013
The Greek banking system displayed deposit inflows of 2.65 billion euros in December following outflows of 390 million in November, Bank of Greece (BoG) figures showed on Friday.
Retail sales drop at a faster pace of 5.5 pct in Nov
The turnover of Greece’s retail trade index fell for the sixth straight month In November at an accelerating pace of 5.5 percent from a revised 3.6 percent drop in October, Hellenic Statistical Agency (ELSTAT) data displayed on Friday.
Deadline for liberalisation of household and SME NPLs looms closer
Apart from pension reform, one of the most socially and politically sensitive issues of the first programme review is the full liberalisation of the non-performing loan (NPL) market.
Economic sentiment improves 4 pts in Jan but consumer confidence worsens 2.8 pts
Greece’s economic sentiment (ESI) improved by another four points in January when it rose to 91.6, European Commission (EC) figures showed on Thursday.
Tax arrears climb by 1.65 bln in December to a total of 13.5 bln for 2015
Greece’s new unpaid taxes rose at an accelerating pace by 1.65 billion in December from 1.45 billion in November, General Secretariat of Information Systems (GSIS) data displayed on Wednesday.
Wide range of exacting issues lie ahead for Greece in first bailout review
The mission chiefs from the quartet of Greece's lenders are expected to return to Athens in the next few days to begin the first programme review.
Parliament's budget office stresses need for reform, protecting growth prospects
The need for adjustment to return to growth and the importance of implementing are among the key highlights of the quarterly report of the Parliamentary Budget Office (PBO).
Amid protests, coalition ponders tweaks to pension plan
The mounting protest action from farmers and the self-employed have confirmed the belief that pension reform would be the most complicated issue in the agenda for the first programme review agenda.