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  1. IMF sets out its stall as review deliberations resume in Athens
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    that are common in the other eurozone countries. The second involves the pension system, which costs... in an effort to reach a staff-level agreement on the second programme review. The fiscal gap for 2018

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  2. Greece and creditors feel their way into new round of talks in Athens
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    The third round of discussions between the institutions’ mission chiefs and Greek ministers in the context of the second programme review kicked off on Tuesday with an introductory meeting. According... and will focus on the out-of-court workout, while the key topic of the second meeting due at 6 pm

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  3. Bank of Greece sees potential for recovery, urges calm in negotiations
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    In its interim Monetary Policy Report published on Friday, the Bank of Greece (BoG) called for a swift conclusion to the second programme review and implementation of reforms and privatisations... (+2.8 percent). The baseline scenario assumes a timely conclusion of the second review that is expected

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  4. Review delay brings Greek liquidity needs back into focus
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    Apart from creating increasing risks to the strong economic recovery anticipated in 2017, the delay in the conclusion of the second programme review also brought to the forefront the issue of Greece... the completion of the second review. The last bailout tranche of 2.8 billion to Greece was disbursed

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  5. December retail sales seen down 2.5 pct amid tax onrush
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by the institutions, which keep the second programme review open at least until the end of January... by the Hellenic Statistical Authority (ELSTAT) for the second quarter (Q2) showed that disposable

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  6. In latest review of loan quality, BoG says capital ratios to remain high after targeted NPE reduction
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    Bank of Greece (BoG) published on Thursday the second issue of its semi-annual overview of the Greek financial sector and provided an update on the key banking figures, mostly related to loan quality... at almost 20 percent at the end of 2019. The second alternative scenario assumed an increase in PPI

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  7. Job hirings of 11,132 in Dec; 2016 net hirings at record high since 2001
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    . The figure is the third time the December data has been positive and the second highest reading...-time employment remained above the 40-percent mark for the second straight month, albeit dropping

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  8. Stocks drop 1.3 pct during week with light trading volumes

    Economy

    on the sidelines, while their sentiment remains fragile as they await developments in the second... is the second lowest reading in the first two weeks of the year. Overall, the Greek market is up 1.3 percent

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  9. Building activity resumes downswing falling by 5.7 pct in October
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    surpassed the 1,000-mark for the second straight month and stood at 1,061 in October. Unlike permits... provided by the European Commission showed it rose for the second straight month by 9.8 points to -44

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  10. Payment cards up by 3 pct but value of transactions drops by 7 pct in H1 2016

    EconomyBanking

    Following the notable rise of 11.3 percent in the second half of 2015, the total number of payment cards in the Greek market rose by 3 percent in the first half of 2016 compared to the previous 6-month period and stood at 14.6 million at the end of June, the Bank of Greece said in its second semi

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