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  1. Minor changes in Greek deposit and lending interest rates in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek households’ new time deposit rate slightly eased for the fifth straight month in May, when..., Greek corporate lending rates broadly remain 250-300 bps above the eurozone average figures... spread of the Greek banking market edging up by 1 bp to 4.41 percent in May.

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  2. Greek stocks fall 1.4 pct during week as trading volumes plummet
    Photo via www.helex.com

    Economy

    The Greek equity market slipped 1.4 percent in the first week of July mainly due to a negative...’s negative performance extending the post-Brexit losses to 13 percent. Greek bank stocks followed... sessions ending the week slightly up by 0.6 percent. Since the UK referendum, Greek bank shares have

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  3. S&P raises core Greek banks’ ratings, with a stable outlook

    Economy

    Standard & Poor’s raised on Tuesday evening the four core Greek banks’ ratings to ‘CCC+/C’ from ‘SD... that the Greek economy and population have largely adjusted to this limit increasing their use of electronic payments. S&P reiterates that Greek banks’ financial profiles remain fragile amid a weak economic

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  4. Greek VAT gap narrowed 22.4 pct to 4.9 bln in 2014, EC report shows

    Economy

    of VTTL landed at 14.1 percent in 2014, marking its first decrease since 2011. The Greek ratio fell from... that the percentage point change in the Greek VAT gap is the biggest drop among all EU member states during 2014. In absolute numbers, Greek VAT revenues edged up by 0.7 percent to 12.68 billion euros in 2014

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  5. Greek stocks drop 2.6 pct over week, banks drop 7.4 pct after big gains last week
    Photo via www.helex.com

    Economy

    The Greek equity market mostly traded on negative grounds with subdued volumes this week, ending... Exchange landed at 566.80 points on Friday. Since the end of August, Greek shares have fallen by 1.9... for Greek banks by 4.4 billion to 52.8 billion until September 21. Folli-Follie releases its H1 results

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  6. Greek SMEs continue to have bleak view of their future

    Society

    suggest the Greek economy has entered a period of stabilisation (a reduction in unemployment... package of recessionary measures … has intensified the abnormal heartbeat of the Greek economy... for 99.6 percent of all Greek businesses.

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  7. New regime on electricity producers from RES/CHP stations foresees further investments in Greek energy market

    Legal

    In early August 2016, Greek Parliament passed Law No. 4414 on the "New support scheme... important issues for the Greek energy market as regards the electricity stations generating power from... for the expansion and development of the Greek electricity market. Disclaimer All rights reserved

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  8. Legislative developments on restructuring and liberalisation of Greek electricity market

    Legal

    for the Greek electricity market. More specifically: Articles 133-142 pertain to the establishment... and predictable time period of one year, will compensate certain electricity generators in the Greek interconnected electricity system for the provision of so-called 'flexibility services' to the Greek

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  9. Report shows Greek tax burden increased in 2015, remaining above OECD average
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    , higher growth rates compared to the Greek ratio increase of 1 pp were recorded by Mexico (2.3 pp) and Turkey (1 pp). It is worth noting though that excluding social security contributions, the Greek... of 10.3 percent. In 2013 the Greek ratio stood at 12.7 percent. Consumption taxes made up almost 40

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  10. Greek banks conclude series of corporate actions as part of restructuring

    EconomyBanking

    Greek banks concluded a number of corporate actions in the last month of 2016 as part... and Development (EBRD) and an international investment bank. This was the second Greek SME securitisation since... plans, Greek banks entered 2017 with their key focus on addressing the huge stock of non-performing

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