Economy
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.
What are Greek coalition's plans for privatisation programme?
One the first and most important issues brought to the forefront by the new government was that of privatisations. Several misters’ statements had a negative impact on the fragile investor sentiment and contributed to the nosedive in the Greek stock market by 14.1 percent during the first week after elections.
Parliament's budget office warns government to move quickly
In its latest quarterly report published on Friday, the Parliamentary Budget Office (PBO) urged the new Greek government to move fast in order to reverse the negative climate created by snap elections and the failure of the previous administration to reach an agreement with the troika.
Greek retail turnover index down 1.6 pct in November
The turnover of Greece’s retail trade index fell 1.6 percent in November from an upward revised 0.8 percent increase in October, according to the Hellenic Statistical Agency (ELSTAT).
Greek stocks recover some losses after turbulent start to week
Following the sharp drop of 9.24 percent on Wednesday, the Greek stock market rebounded 3.16 percent on Thursday but only partially mitigated this week's losses, which still stand at -12.7 percent.
Greek deposits down 4.2 bln in Dec for highest outflows since June 2012
Greek private sector deposits fell for the third straight month in December, when they declined by 2.4 percent month on month (MoM). Balances reached 160.29 billion euros, according to the Bank of Greece (BoG).
Greek credit contracts by 3.1 pct in December
The rate of contraction in Greek bank credit slightly accelerated to 3.1 percent in December from 3 percent in November, according to the Bank of Greece (BoG). However, this was the second lowest negative reading since November 2011.