Retail sales rise by 3.3 pct in Sep, but falling volume reflects challenges
Unemployment rate drops below 10 pct in Oct for first time since Sep 2009
Economic sentiment stable in Nov, consumer confidence slides further
Credit growth at 2.1 pct in Oct, but flow negative by 856 mln
Deposits drop by a sharp 2.14 bln in Oct, driven by corporations
Aug sees second annual drop in building activity with 4 pct decline
Government seeks to appease banks over ADMIE privatisation
In a letter sent by the four systemic Greek banks to Finance Minister Euclid Tsakalotos on January 11, but revealed by the Greek media on Friday, they expressed their serious concerns about the privatisation process of the Independent Power Transmission Operator (ADMIE).
The four banks noted that they had granted, along with Attica Bank, a medium-term syndicated bond loan of 2.2 billion euros to the Public Power Corporation (PPC) in April 2014, which constitutes by far the largest loan of this type ever granted to a com...
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