Economy
Accommodation and food services turnover jumps 22.2 pct in Q4 2014
The Turnover Index in Accommodation and Food Services rose at an accelerating pace of 22.2 percent in the fourth quarter (Q4) of 2014 from 7.6 percent in Q3, according to Hellenic Statistical Authority (ELSTAT).
Ahead of Eurogroup, Greece juggles funds to cover liquidity shortage
Eurozone finance ministers meet on Monday afternoon to discuss, amongst other things, the list of seven reforms submitted by Greek Finance Minister Yanis Varoufakis last week - a vital step towards Greece possibly overcoming its pressing liquidity problems.
Greece submits reform proposals but Eurogroup unlikely to be moved
Ahead of Monday's meeting of eurozone finance ministers, Greek Finance Minister Yanis Varoufakis has sent a letter to Eurogroup President Jeroen Dijsselbloem setting out an initial list of seven reforms to be submitted for technical discussions.
Reported widening of revenue shortfall in Feb as liquidity worries persist
Ahead of the publication of February’s budget execution figures next week, Finance Ministry sources have told local media that the revenue shortfall widened to around 1.5 billion euros by February from around 1 billion in January.
Greek unemployment rate ends 2014 at 26 pct, the first uptick since Sep 2013
The seasonally adjusted (SA) unemployment rate rose to 26 percent in December from an upward revised 25.9 percent in November, according to the Hellenic Statistical Agency (ELSTAT). This was the first uptick in the headline figure since September 2013.
Where next for Greece's troubled privatisation programme under SYRIZA?
Greek privatisations are expected to be one of the subjects discussed at Monday’s Eurogroup, as the government sets out its policies for one of the most troubled aspects of economic policy over the last few years.
Minor changes in Greek time deposit rates, higher movements in corporate loans
The interest rate on households’ new time deposits eased in January by just 2 basis points (bps), falling to 1.8 percent from 1.82 percent in December, according to the Bank of Greece (BoG).
Greek banks' Eurosystem funding jumps to 87.4 bln in Jan, ELA at 5.2 bln
Greek banks’ Eurosystem funding jumped by 31.44 billion euros month on month (MoM) to 87.48 billion at the end of January from 56.04 billion at the end of December, according to the Bank of Greece's (BoG) monthly financial statement published today.
Greece's imminent funding problems: All the numbers you need
Before the Greek government can reach the point of discussing any new arrangement with its lenders to take it before June, it has to overcome its pressing funding needs, with March probably being the biggest hump it has to get over during the next four months.
A closer look at planned laws for unpaid taxes and home foreclosures
Two of the four bills that the government plans to table in Parliament this week relate to the settlement of unpaid tax and social security contributions as well as the protection of primary residencies.