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Credit contraction slows to 1.5 pct in Sept on marked drop in corporate loan deductions
EconomyMacroeconomy. The deteriorating macro environment after the long period of uncertainty until the signing of the third bailout
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Alpha makes 1.09 bln bond swap offer to boost capital
EconomyBankingof 1.06 billion for the share exchange. The exchange offer commenced on Wednesday and runs until
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Greece fell two places to 60th in Doing Business ranking, World Bank says
Economy, but dropped by up to eight spots in seven others. Note, though, that the data covesr the period until
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Coalition starts to feel backlash from latest round of measures
PoliticsGreek Politicsis not a pharmacist be allowed to own up to an 80-percent stake in a pharmacy. Until now only qualified
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Eurobank makes 877 mln bond exchange offer to cover part of its capital shortfall
EconomyBankingto commence on or about November 4 and last until November 11. Piraeus initiated Greek banks’ LMEs
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Retail sales down by 4 pct in August for third straight fall
EconomyMacroeconomysales period that started in mid-July and lasted until the end of August, retail sales rose by 8.4
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Meimarakis seen as clear frontrunner with New Democracy leadership vote approaching
PoliticsGreek PoliticsWith just over two weeks left until the first, and possibly only, round of New Democracy’s leadership election, current party president Evangelos Meimarakis seems a clear favourite to win the vote. Opinion polls have consistently shown Meimarakis in the lead during the campaign and a new survey
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CPI drops at decelerating pace of 0.9 pct in Oct
EconomyMacroeconomythen, the CPI decline followed a decelerating trend until August 2014, reversing thereafter to an upward
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Fitch affirms Greece’s rating, projects GDP to contract 0.3 pct in 2015
Economyuntil then.
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Progress in bailout talks but foreclosures and NPL management stand in way of agreement
EconomyProgrammethat those who were consistent in their debt servicing until recently but whose income has been hit
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