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  1. Time deposit rate edges down to 0.76 pct, loan rate spikes to 5 percent
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek households’ new time deposit rate dropped for the second straight month, albeit at a slower pace, by 3 basis points (bps) to 0.76 percent in October, after a decline by 8 bps in September, Bank of Greece (BoG) data displayed on Friday. The headline figure for October indicates a new record

    8%

  2. Tsipras bet on recovery a long shot but offers better odds than snap polls
    Photo by Panagiotis Tzamaros/Fosphotos

    Agora

    to appear the least likely path for Tsipras to follow. Having swallowed 3 percent of GDP in new fiscal

    8%

  3. Greece heads to Eurogroup facing uncertain outcome
    Photo via Fosphotos

    EconomyProgramme

    Ahead of the Eurogroup due to start in Brussels on Monday at 3 pm local time, another teleconference was held between the Greek ministers and the institutions’ mission chiefs on Saturday evening. The key topics discussed included labour, energy and fiscal issues. On Friday afternoon, a government

    8%

  4. Eurogroup grants short-term debt relief but leaves Athens fretting over fiscal targets and IMF
    Photo via Fosphotos

    EconomyProgramme

    of GDP primary surplus for. He said they ranged from 3 years, to 5 and 10. This is bad news

    8%

  5. Greeks’ wealth fell by 0.6 pct in 2016 for third straight decline
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    Greece had 3 billionaires in 2016. Wealth in Greece peaked to 1.57 trillion dollars in 2007

    8%

  6. Unemployment rate falls to 23.1 pct in September, lowest since March 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    respectively in September. The most notable drops of around 3 pp were posted among youth (15-24 years

    8%

  7. Trade deficit drops at an accelerating pace of 16.1 pct in October
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    contracted by 4.1 and 6.5 percent respectively. Excluding the impact of oil products, exports rose by 3

    8%

  8. Bill aims to encourage more electronic transactions in Greece

    EconomyMacroeconomy

    (for a single person) up to 2,100 euros (for a family with more than 3 children), they have to spend

    8%

  9. Lenders' reaction to pension pledge leaves Tsipras short of options
    Photo by Panyiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that was produced as a result of taxpayers’ sacrifices during 2016, when the government adopted 3 percent

    8%

  10. Review talks continue in Athens in shadow of pension benefit row
    Photo by Panyiotis Tzamaros/Fosphotos

    EconomyProgramme

    on Thursday includes five meetings starting from 3 pm on pension, justice, energy, product markets and out

    8%