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  1. Working-class homes or millionaires' mansions - what's going under the hammer in property auctions?
    By Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    against their names. On 21 March, at least 24 individuals have more than one property listed, while... that of the listed property, suggesting that it was an inheritance or an investment rather than a primary... properties which would be saleable at the first sign of an uptick in the market, rather than

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  2. Car sales up by 23.9 pct in March and by 33.3 pct in three-month period
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    was higher than that for 2016 (+11 percent), and higher than 2015 (+13.5 percent), it remained less than half of the record high of 372,892 vehicle registrations in 2007. A contributing factor

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  3. Ahead of IMF Spring Meetings, questions remain about conclusion of programme
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    that the primary surplus goals from 2023 onwards should not be any higher than 1.5 percent of GDP... than two weeks until the next Eurogroup to show that it has not stopped at the 10 or so key... milestones in the plan rather than vague targets. The final draft is to be tabled at the informal

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  4. Tsipras urges SYRIZA MPs to focus on ever-closer MoU exit
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    checks within the framework of your European commitments than to be forced to govern with the troika... is less than four months away. Some MPs are concerned that the post-programme period will continue..., rather than to wait until 2020. Athens is hoping the confirmation on Monday that it achieved

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  5. EC forecast acknowledges pressure on Greek households, revises down growth
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    suggests that “households may be more financially stretched than previously assumed... is less than half the previous 1.2 percent growth forecast and next year’s is also lower from the 1.2... “as it was partly achieved through lower-than-expected spending and a number of temporary factors, including

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  6. Car sales increase by 29.3 pct in April and by 32.2 pct in four-month period
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    was higher than that for 2016 (+11 percent), and higher than 2015 (+13.5 percent), it remained less than

    1%

  7. Lenders return to Athens with much work ahead to reach SLA by May 24
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    owning property that is worth more than 200,000 or 300,000 euros. Apart from addressing many... than 2020. The government hopes it can avoid this after beating its fiscal surplus target in the two... earning less than 1,000 euros a month will be affected by the reductions. Debt relief Tsipras

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  8. Parties mull changes to electoral law, top judge resigns

    PoliticsGreek Politics

    , a reduction of the bonus for the winning party from 50 to less than 40 seats in Parliament, allowing Greeks... that the conservatives would be willing to help provide a super-majority of more than 200 out... apply immediately rather than after the next elections as the scrapping of the bonus only passed through

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  9. Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
    Photo by MacroPolis

    EconomyBanking

    . The final price was rumoured to be equivalent to more than 20 percent of the portfolio's nominal value..., and will lead to the bank’s NPE ratio falling by more than 100 basis points. Upon completion... by more than 30 billion euros by the end of 2019, so it falls to below 65 billion euros. According

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  10. Car sales up by 18.7 pct in May, motorcycle sales rise 16.3 pct
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    the overall rise in car sales in 2017 was higher than that for 2016 (+11 percent), and higher than 2015 (+13.5 percent), it remained less than half of the record high of 372,892 vehicle registrations

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