Economy
Greece and creditors feel their way into new round of talks in Athens
The third round of discussions between the institutions’ mission chiefs and Greek ministers in the context of the second programme review kicked off on Tuesday with an introductory meeting.
Eurosystem funding drops by 3.3 bln in Nov for 17th straight monthly fall
Greek banks’ Eurosystem funding fell by another 3.3 billion euros in November, after a broadly similar drop of 3.53 billion in October, Bank of Greece's (BoG) monthly financial statement showed on Tuesday.
Bill aims to encourage more electronic transactions in Greece
The Greek government tabled a multi-bill on Monday evening including the new frameworks for electronic transactions and undeclared income.
Building activity edged up 1 pct in September
Greek building permits grew for the third successive month in September but at a much slower pace of 1 percent from 16.6 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
IMF sets out its stall as review deliberations resume in Athens
Following the statements made during a regular press briefing by the IMF spokesman Gerry Rice last Thursday ahead of the resumption of discussions between the institutions’ mission chiefs in Athens, the IMF sent a very strong message regarding the Greek programme on Monday evening.
Job departures at 37,667 in Nov, 11-month net hirings highest since 2001
The employment balance stayed negative in November 2016 with net departures rising to 37,667 from 24,674 in the corresponding period last year, data from the Labour Ministry’s Ergani information system showed on Monday.
Fiscal dispute dominates as Greece and lenders gear up for more talks
The institutions’ mission chiefs are expected to return to Athens early this week to begin a new round of discussions with the Greek authorities on the ground, aiming clinch a staff-level agreement on the second programme review.
Greek stocks climb 4.3 pct on week, banks’ strong performance continues
The Greek stock market rebounded strongly by 4.3 percent this week mainly led by solid gains in banks, also accompanied by an increase in trading activity.
Industrial production rebounds by 6.8 pct in October
The Greek Industrial Production Index (IPI) rebounded by 6.8 percent in October after a marginal rise of 0.1 percent in the previous two months, Hellenic Statistical Authority (ELSTAT) data displayed on Friday.
CPI falls at faster pace of 0.9 pct in November
Τhe Greek Consumer Price Index (CPI) dropped at a sharper pace of 0.9 percent in November, after a decrease of 0.5 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Friday.