Economy
Rate of credit contraction edges up to 1.6 pct in Oct
Greek bank credit contraction accelerated slightly to 1.6 percent in October from 1.5 percent in September, Bank of Greece (BoG) figures showed on Thursday.
Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln
Greece’s budget primary balance displayed a surplus of 1.46 billion euros in October from a deficit of 726 million in September, the Finance Ministry (MoF) final budget figures showed on Wednesday.
Coalition considers options for addressing pension system sustainability
Labour Minister Giorgos Katrougalos outlined to SYRIZA’s political secretariat on Tuesday of the government’s social policy council’s proposal on pension reforms.
Apartment prices fall at an accelerating pace of 6.1 pct in Q3
Greek apartment prices fell by 6.1 percent in the third quarter (Q3) of 2015, at an accelerating pace compared to the downward revised 5 percent drop recorded in Q2, Bank of Greece (BoG) data showed on Wednesday.
Greece gets tranche and looks ahead to next tasks, including pensions and NPLs
The European Stability Mechanism (ESM) BoD approved on Monday afternoon the disbursement of the sub-tranche of 2 billion euros to Greece after the completion of the first set of milestones as well as the financial sector measures.
Central gov’t debt rises to 314.6 bln in Q3 on eurozone tranche and GGB redemptions
Greece’s central government debt rose by 1.75 billion quarter on quarter (QoQ) to 314.55 billion euros at the end of the third quarter (Q3) of 2015 from 312.8 billion at the end of Q2, the Finance Ministry (MoF) debt bulletin displayed on Monday.
Travel receipts fall by 5.4 pct in Sept for first drop in 2015
Greece's travel receipts fell by 5.4 percent in September after rising by 7.3 percent in August, Bank of Greece (BoG) data showed on Monday.
New tax arrears rise by 832 mln in Oct to total of 10.38 bln in 2015
The rise in Greece’s new unpaid taxes slowed to 832 million euros in October from an upward revised 1.6 billion in September, General Secretariat of Information Systems (GSIS) data showed on Monday.
Greek banks complete book building: A recap of where we stand
Piraeus Bank became the last of the four Greek systemic banks to announce on Saturday afternoon that it has successfully concluded the book building process for its non-preemptive international institutional offering.
Greek stocks edge up in week of big losses for banks
The domestic market rebounded by 1 percent this week but the key development was the huge losses posted by the banking sector.