Economy
What is in SYRIZA's 3-pillar programme to overcome the crisis?
SYRIZA leader Alexis Tsipras presented at the party’s congress last Saturday its updated economic platform with the key topics being: a) official request for write-off of nominal debt, b) renegotiation of the Memorandum of Understanding (MoU) terms and c) implementation of a 3-pillar program.
What is SYRIZA's stance on negotiations with the eurozone?
The key themes of SYRIZA’s economic policy involve asking for a write-οff of nominal debt, a renegotiation of loan terms with the troika and the implementation of the 3-pillar programme initially revealed at the International Trade Fair (ITF) in Thessaloniki last September.
Discussion about 'Grexit' sends Athens bourse to lowest since Nov 2012
After rising by 1.2 percent in each of the preceding two sessions, the Greek stock market plunged 5.63 percent on Monday amid prevailing political uncertainty and investors’ concerns over contradicting press reports about a potential Grexit.
Where does SYRIZA stand on debt?
Speaking at the party’s congress on Saturday, SYRIZA leader Alexis Tsipras presented his parties key economic policies, which were essentially based on those set out at the Thessaloniki International Fair (TIF) last September.
Manufacturing PMI up for third straight month but still falls short of growth
Greece’s Manufacturing PMI increased for the third successive month by 0.3 points to 49.4 in December from 49.1 in November, according to Markit.
Greek retail sales back on upward course in October after brief dip
After a short-lived drop of 0.9 percent in September, the turnover of Greece’s retail trade index rose by 0.5 percent in October, according to the Hellenic Statistical Agency (ELSTAT).
Greek deposits almost unchanged at 164.3 bln in November
Greek private sector deposits dropped for the second successive month in November, edging down by by 0.1 percent month on month (MoM) with their balances landing at 164.3 billion euros, according to the Bank of Greece (BoG).
Contraction in Greek credit eases slightly to 3 percent in November
The rate of drop in Greek bank credit decelerated for the second straight month in November, falling to 3 percent from 3.2 percent in October, according to the Bank of Greece (BoG).
Greek stocks, bond yields feel impact of Parliament's failure to elect president
The Greek stock market fell 3.91 percent on Monday following a volatile session in the aftermath of Parliament failing to elect a president and snap elections being called for January 25.
Snap elections in Greece bring state's liquidity constraints into focus
The failure to elect a president in Greece, triggering snap elections early in 2015, brings into sharp focus the issue of what liquidity is available to the Greek state and any government that is formed next year.