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  1. New increase in flow of refugees to Greece causes unease

    Society

    Greece is facing a potentially explosive situation as the largely unaddressed refugee crisis has begun to take on new and troubling aspects in 2018. The UNHCR’s website recorded a total of 9,375 sea arrivals in Greece up to May 6, 2018, including 3,032 in April and 1,013 during the first six days

    3%
  2. Piraeus Bank posts net loss of 80 mln in Q1
    Image via www.piraeusbank.gr

    EconomyBanking

    . Operating expenses fell by 6 percent YoY, excluding the extraordinary cost associated with the 2018

    3%
  3. Multi-bill passed, sub-tranche released but debt relief expectations dwindling
    Photo by MacroPolis

    EconomyProgramme

    euros. The government is estimated to have already set aside around 6 billion euros

    3%
  4. Eurogroup marks end of cycle and squaring of circle for Greece
    Photo via Fosphotos

    Agora

    activity Athens is expected to have accumulated approximately 6 billion euros for this purpose

    3%
  5. The race to reduce Greece's bad loans

    EconomyBanking

    to around 6 percent of the total outstanding principal amount, will be capital accretive adding

    3%
  6. BoG Monetary Policy Report positive on programme end but advises caution for future targets
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    imports, growing on average by 6 percent, compared to 5.5 percent for imports. Employment is expected

    3%
  7. Newsletter 169 -06/07/2018

    Newsletters

    growth will outpace imports, growing on average by 6 percent, compared to 5.5 percent for imports

    3%
  8. Travel balance records 127 mln surplus in Q1, much improved on last year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The overall number of visitors also fell by 5.3 percent to 45,300. Overnight stays ashore fell by 6

    3%
  9. Is a lack of spending hampering Greece's firefighting capabilities?

    Society

    has been sliding into arrears, which reached close to 6 million in 2017 (i.e. almost twice

    3%
  10. Banks try to build on growing confidence

    EconomyBanking

    that banks will reduce or eliminate ELA funding. Private deposits rose by around 6 percent on an annualised

    3%