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Credit contraction at 1 pct in February on lower household, and corporate lending
EconomyMacroeconomyCredit contraction in the Greek market deepened by 1 percent in February from a contraction of 0.8 percent in January according to Bank of Greece (BoG) figures released on Tuesday. This resulted... month. The Greek market has been experiencing a contraction for the last six years, with the loan
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IMF revises growth forecasts downwards, emphasising gap with other lenders
EconomyMacroeconomy, as the situation in the Greek labour market steadily improves. The IMF expects the unemployment rate in 2019... and 2.5 percent this year and 2.5 percent next year, on the back of improved general market conditions
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Credit contraction at 1 pct in March, balance at 180.34 bln
EconomyMacroeconomyCredit contraction in the Greek market came to 1 percent in March compared to a contraction of 0.9 percent in February according to Bank of Greece (BoG) figures released on Monday. This resulted...-euro mark for a fifth consecutive month. The Greek market has been experiencing a contraction
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OECD highlights reforms and imbalances that need to be addressed
EconomyMacroeconomyand the reforms in the labour market have improved the country’s competitiveness with employment rising... to lift the country’s long-term growth potential via further reforms. The Greek labour market remains
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Greece's antitrust damages initiative comes into force
Legalthe enforcement of competition law in all competitive market sectors of the economy. This development shall also prove to be beneficial for core market sectors currently in the process of liberalisation
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Hirings balance hits record high of 100,246 in April
EconomyMacroeconomyconsecutive month where a positive hirings balance has been noted in the Greek job market. Compared... more hirings than departures in the Greek labour market, an increase of 30,056 compared
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Lenders return to Athens with much work ahead to reach SLA by May 24
EconomyProgrammeand, ultimately, ensure long-lasting market access for the Greek government,” he said. “The bulk...” such as the return of the profits from Greek bonds purchased by the Eurosystem on the secondary market.
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Report on PPC’s viability ruffles feathers and shakes share price
EconomyFeaturesa major part of the proposed plan. McKinsey noted PPC’s significant exposure to the retail market... be applied to the Greek market. McKinsey compared the net debt versus operational earnings of several
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Supplemental MoU sets out path for maintaining fiscal sustainability
EconomyProgrammepublic infrastructure investment by 0.15 percent of GDP, and (iii) active labour market policies by 0.15... with the most notable including aligning the property tax assessment zone values with market values
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Credit contraction deepens to 1.9 pct in April, balance at 179.13 bln
EconomyMacroeconomyCredit contraction in the Greek market deepened to 1.9 percent in April compared to a contraction of 1 percent in March, according to Bank of Greece (BoG) figures released on Tuesday. This resulted... contraction of 39.8 million, taking the balance to 21.21 billion. The Greek market has been
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