Economy
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.
Drop in disposable income accelerates to 3.3 percent in Q3
Greek household disposable income dropped at an accelerating pace of 3.3 percent in the third quarter (Q3) of 2015 from a revised 2.4 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures displayed on Monday.
S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March
In an unexpected move, S&P upgraded Greece’s rating by one notch to ‘B-‘ from ‘CCC+’ on reform progress with a stable outlook.
Greek stocks down 4.2 pct over week on global and local concerns
Despite a rebound of 2.2 percent on Friday, the Greek stock market pared only a part of earlier losses ending the week down 4.3 percent amid turmoil in the global markets and concerns on the upcoming programme review.
Primary surplus beat target in 2015 on higher revenues and restrained spending
Greece’s budget primary balance was confirmed at 2.27 billion euros in 2015 from 1.87 billion in 2014, the Finance Ministry (MoF) final budget bulletin showed on Friday.