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  1. Fiscal Council endorses fiscal and macro assumptions but warns of potential obstacles

    EconomyMacroeconomy

    not seem to support it. It will require a significant reduction in unemployment and complete clearance... that the contribution of private consumption to growth had to be revised from the previous MTFS due to weak

    5%

  2. Piraeus enters agreement for sale of 2.2 bln loan portfolio
    Image via www.piraeusbankgroup.com

    EconomyBanking

    its final support programme. The Bank of Greece’s (BoG) latest report showed that banks had met... than the previous target by 2.2 billion. The targeted reduction in NPLs is stated as 47 percent

    5%

  3. Moscovici hints at possibility of shelving 2019 pension cuts, riles opposition
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    president in the future. “This means he needs the support of the Socialists and is why he is nodding... Greece not to deviate from previous commitments and, at the same time, to use the scope of policy

    5%

  4. If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study

    EconomyMacroeconomy

    ) has shown. The study, titled “Digital payments after capital controls: Support measures and tax... by 147 percent and the value by 104 percent compared to the previous year. By the second half

    5%

  5. Banks try to build on growing confidence

    EconomyBanking

    will support the country’s four banks in managing the NPEs of more than 300 Greek SMEs through... percent to 37.2 billion from Q2 2017 until the end of 2019, higher than the previous target by 2.2

    5%

  6. Central government debt rises to 345.38 billion in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    in financial support mechanism loans (FSM) by 952.8 million euros, along with a rise of 946.4 million...Greece’s central government debt rose by 1.64 billion to 345.38 billion euros quarter-on-quarter (QoQ) in the second quarter (Q2) of 2018, from 343.74 billion in the previous quarter, the Finance

    5%

  7. PM stands by Macedonia name deal, Kammenos continues to sow confusion

    PoliticsGreek Politics

    not clear who will support the deal apart from SYRIZA MPs (145/300). Centrist To Potami has indicated... “Macedonians” are in marked contrast to previous administrations’ apparent indifference to Skopje using

    5%

  8. Births rise slightly, divorces fall in latest living conditions report
    Photo by Angelos Christofilopoulos/Fosphotos

    Society

    population and just under 31 percent for children, highlighting the importance of social support... from the previous year. The figure in 2008 at the start of the crisis was 16.4 percent. The next

    5%

  9. No imminent decision on pension cuts as Athens moves ahead with minimum wage increase
    Photo via Fosphotos

    EconomyProgramme

    the creditors’ support on this issue and it is expected that Finance Minister Euclid Tsakalotos will try... and close to half of them were not covered by the previous contract. Bringing back the extendibility

    5%

  10. Falling bank shares prompt coalition to take closer look
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    buffer to support the banks, although this would require the approval of the institutions. What... has been put into the lenders in previous recaps and those involved, including Greek taxpayers via

    5%