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HFSF sets out bank divestment strategy, marking final chapter in turbulent story

The Greek authorities moved a step closer last week to their objective of divesting the state’s share in the systemic banks through the Hellenic Financial Stability Fund (HFSF) after the publication of the divestment strategy that was compiled by Rothschild and was approved by the Finance Ministry at the end of last year.

Photo by Angelos Christofilopoulos/Fosphotos Rise in import prices slow further to 15.7 pct YoY in Nov

The pace of the increase in Greece’s import price index slowed again in November, when it rose by 15.7 percent year-on-year (YoY), from 21.3 percent in October, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.

Photo via OECD sees recovery slowing, urges fiscal discipline

OECD secretary-general Mathias Cormann visited Greece on Tuesday for a meeting with Prime Minister Kyriakos Mitsotakis as the think-tank published its latest economic report about the Greek economy.

Photo by MacroPolis Unemployment unchanged at 11.4 pct in Nov

Greece’s seasonally adjusted (SA) unemployment rate remained broadly stable in November, dropping to 11.4 percent, from a slightly downward revised 11.5 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.

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