Economy
BoG outlines steps to economic recovery, updates on banks' asset quality
In its annual report released on Thursday, the Bank of Greece (BoG) estimated that the recession will bottom out and expects a slight recovery during the second half of the year subject to political stability and elimination of uncertainty.
Credit contraction edges up to 2.1 pct in Jan on deductions of 512 million
Greek bank credit contraction slightly accelerated to 2.1 percent in January from 2 percent in December, Bank of Greece (BoG) figures displayed on Thursday.
Unresolved pensions issues complicate the fiscal front
Confirming initial indications, farmers appear disappointed and reluctant to accept the government proposal presented by the Prime Minister Alexis Tsipras on Monday.
Coca-Cola HBC net profits down, marginal growth in Greece
Coca-Cola HBC posted an increase in sales volumes totalling 2.6 percent at year-end, according to the company’s financial report for 2015 released on February 19.
Gov't offers improved terms to farmers in bid to break deadlock
Prime Minister Alexis Tsipras hosted on Monday afternoon the long-awaited meeting with farmers protesting tax and social security contribution increases.
Travel receipts grow 12.2 pct in Dec, surplus rises to 12.17 bln in 2015
Greece's travel receipts rose at a double-digit rate for the second straight month in December, when they increased by 12.2 percent from 16 percent in November, Bank of Greece (BoG) data showed on Monday.
Greek stocks rebound 5.8 pct over week
Following a decline of 17.8 percent in the previous two weeks, Greek stocks rebounded 5.8 percent this week also supported by a turnaround in the European markets.
Fall in industrial turnover slows to 1.8 pct in December
The drop in Greece’s Turnover Index in Industry markedly slowed to 1.8 percent in December from a revised 10.2 percent drop in November, Hellenic Statistical Authority (ELSTAT) figures displayed on Friday.
Current account deficit falls to 780 mln in Dec and 7.5 mln in 2015
Greece's current account (C/A) deficit fell by 58.3 percent to 779.8 million euros in December from 1.87 billion last year, Bank of Greece (BoG) figures showed on Friday.
A closer look at 2015 revenues reveals size of hit they took
The General Secretariat of Public Revenues (GSPR) released for the first time an 8-page annual report detailing the evolution of the tax revenue items for 2015.