Economy
Greek apartment prices down 5.8 pct in Q4 2014
The drop in apartment prices in Greece decelerated for the sixth successive quarter to 5.8 percent in Q4 2014 from 7 percent in Q3, according to the Bank of Greece (BoG).
What are the implications of the ECB's decision for Greek banks?
The European Bank took a surprising decision on Wednesday night to lift the waiver on the use of Greek government bonds as collateral by local banks. Below we examine where this decision leaves Greek lenders.
Commission sees political uncertainty hurting recovery, growth reaching 2.5 pct in 2015
In its winter economic forecasts the European Commission (EC) underscores that political uncertainty is affecting confidence and may dent the speed of recovery in Greece.
ECB refuses Greek government bonds as collateral: What does it mean?
In an unexpected move, the European Central Bank announced on Wednesday night that it is lifting the waiver on Greek banks using junk-rated government bonds as collateral for funding.
Greek time deposit rate falls to 1.82 pct in Dec, lowest during euro membership
The interest rate on households’ new time deposits continued heading south for the ninth straight month in December, when it fell by 6 basis points (bps) to 1.82 percent, according to the Bank of Greece (BoG).
The state of play with Greek banks' liquidity
The ECB is expected to decide on Wednesday, February 4, on the extension for another 2 weeks of Greek banks’ access to Emergency Liquidity Assistance (ELA) funding.
Prospect of eurozone deal calms nerves on stock, bond markets
Greek shares climbed for the second straight session on Tuesday, when they rose by 11.27 and saw increased trading activity.
In effort to reach new deal, Greek government cannot ignore liquidity constraints
The government has a series of important milestones το confront on the liquidity front, although Deputy Prime Minister Yiannis Dragasakis has insisted that there is no cause for concern at the moment.
Greek shares rebound after calming comments from PM and finance minister
The Greek stock market rebounded by 4.64 percent on Monday following a drop of 1.6 percent on Friday and cumulative losses of 14.1 percent last week.
Greek Manufacturing PMI down to 48.3 pts in January, reaches 15-month low
After rising in the preceding three months, Greece’s Manufacturing PMI dropped by 1.1 points to 48.3 in January from 49.4 in December, according to Markit.