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  1. General government primary cash surplus grows to 4 bln by end-July, arrears fall to 6.9 bln

    EconomyMacroeconomy

    million MoM, while tax refunds’ arrears also increased by 45 million from the previous month. Since

    10%
  2. Moody’s changes outlook for Greek banks from negative to stable

    EconomyBanking

    by the end of 2017 from around 45 percent in June 2016. However, the rating agency stresses

    10%
  3. Retail sales rebound for second time in last three months by 1.7 pct in September
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    equipment (-51.9 percent), retail sale not in stores (-45 percent) and clothing and footwear (-37.6

    10%
  4. As Greeks wait for Brussels deal, general dissatisfaction reigns at home
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    popular politician with positive ratings of 45 percent. He is followed by Communist Party leader

    10%
  5. Time deposit rate falls to record low of 0.71 pct, loan rate drops to 4.83 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    maturity posted notable drops in November with that for amount below 250,000 euros falling by 45

    10%
  6. Greece’s M&A market stagnates during recession

    EconomyFeatures

    Mergers and acquisitions (M&As) are an important element to corporate growth but one that Greece appears to be lacking. The 15th edition of the Ernst & Young Global Global Capital Confidence Barometer which surveyed 1,700 company executives in 45 countries revealed that for 2017, businesses around

    10%
  7. HRADF signs share purchase agreement with Ferrovie for sale of TRAINOSE
    Photo via Flickr https://flic.kr/p/9SDyrr

    EconomyMacroeconomy

    The Hellenic Republic Asset Development Fund (HRADF) said on Wednesday it has signed the share purchase agreement for the sale of 100 percent in TRAINOSE (operation and management of railway activities) to the Italian Ferrovie Dello Stato Italiane for a consideration of 45 million euros

    10%
  8. Higher number of firms and employees, increased average wage in private sector in 2016
    Photo by Aggeliki Koronaiou/Fosphotos

    EconomyMacroeconomy

    of employees belonged to the 30-44 age group, while for more than 3 out of 10 the age ranged between 45 and 64.

    10%
  9. Tax revenue overperformance leads budget primary surplus to 4.44 bln in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s budget primary surplus almost doubled to 4.44 billion euros in 2016 from 2.27 billion in 2015, the Finance Ministry (MoF) final budget execution bulletin showed on Tuesday. The preliminary figures published a week ago had displayed a primary surplus of 4.39 billion, 45 million lower than

    10%
  10. Stocks edge up 0.9 pct, trading activity remains subdued for third straight week
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    of 329 million in 2016 from 45 million a year ago, while EBIDA surged 88 percent to 836 million

    10%