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CPI drops at decelerating pace of 0.9 pct in Oct
EconomyMacroeconomyinflation is expected to resume as of 2016. In specific, HICP is seen dropping by 0.4 to 1 percent in 2015 and increasing by 0.7 to 1 percent in 2016, whilst a slight slower rise of 0.5 to 0.7 percent
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New tax arrears rise by 832 mln in Oct to total of 10.38 bln in 2015
Economyof the August figure by more than 1 billion euros to 1.67 billion from 645 million before. A smaller..., which improved to 9.5 million euros in October from just 1 million in September. As a result
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Time deposit rate slips 12 bps in Oct, average loan rate rises by 29 bps
EconomyMacroeconomychange was the rise in the interest rate on loans for amounts above 1 million by 45 bps to 5.12 percent... between 250,000 and 1 million euros. As a result, corporate lending rates in Greece stayed 250-350
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Weak banks drag Greek stocks down by 6.5 pct during week
Economyof milestones by December 11 to unlock the next sub-tranche of 1 billion euros. In the meantime... completed, while Piraeus also received the state aid of 2.7 billion on December 1. The Athens Stock Exchange
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Pension reform wrangle prompts Greece to consider going own way on contributions rise
EconomyProgramme) called for pension reform savings of 0.25 percent of GDP in 2015 and another 1 percent in 2016... in contributions could reach 2 percentage points (pp), of which 1.5 pp will burden employers (1 pp for main
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Deflation slows to 0.7 pct in Nov
EconomyMacroeconomyrepresents the lowest negative reading since August 2014 and the second successive reading below -1... with CPI seen rising by around 0.5 to 1 percent in 2016, according to the latest European Commission, OECD
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SYRIZA fails to make any friends with new public sector wage grid
PoliticsGreek Politicsof the multi-bill of prior actions that Greece has to pass in order to receive the next 1 billion euros of bailout loans. The proposed changes, which will apply from January 1, include decoupling wages from
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Strong rebound of 7.7 pct in week for Greek stocks with jump in trading activity
Economyof 1 billion following the approval by the Parliament of the last multi-bill on prior actions...) and Motor Oil (-1 percent) also underperformed. The trading activity materially improved throughout
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The agenda of the first programme review shapes up with thorny issues
EconomyProgrammeFollowing the disbursement of the second sub-tranche of 1 billion on December 23, the next challenge, the biggest since the signing of the third programme in the summer, involves the completion..., the government has pledged in the third memorandum of understanding (MoU) for cost savings of around 1
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Deflation drops to 0.2 pct in Dec, at 1.7 pct for 2015
EconomyMacroeconomyand non-alcoholic beverages as well as in housing fell by 1 and 0.9 percent MoM respectively. Greece... and the OECD latest estimates are pointing to an inflation rate between 0.5 and 1 percent in 2016.
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