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  1. Card transactions in Greece experience boost due to capital controls

    EconomyBanking

    Payment statistics by the European Central Bank released last week have revealed that card payments in Greece experienced notable growth in recent years. The capital controls introduced in the summer of 2015 were cited as a key driver for the jump in card payments in Greece, where cash has

    2%
  2. ND defends economic pledges as Kammenos repeats walkout threat
    Photo via @neadimokratia

    PoliticsGreek Politics

    receive from the central government. Mitsotakis argues that allowing the municipalities to set and collect

    2%
  3. Mortgage loans a key piece of NPL reduction puzzle

    EconomyBanking

    at the start of September, the European Central Bank’s Governing Council member Benoit Coeure said that one

    2%
  4. Primary cash surplus up to 16.76 bln in Aug on improved revenues and cash buffer disbursement
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s central government primary cash balance recorded a surplus of 16.76 billion euros in the first eight months of the year, Bank of Greece (BoG) figures have shown. The headline figure includes a 15.26-billion-euro change in state accounts with the Bank of Greece as a result of the effort

    2%
  5. Tsakalotos states case on pension cuts in bid to overcome lenders' reluctance
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    of the profits made by eurozone central banks on Greek bonds (ANFA and SMP), which are among the debt relief

    2%
  6. Another austerity fighter to bite the dust
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    and EU member state central banks had not taken commensurate haircuts on their holdings of Greek debt

    2%
  7. Lenders set to keep coalition waiting for answer on pension cuts
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to the European Parliament’s Economic Affairs Committee on Monday, European Central Bank president Mario

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  8. Greek leaders' contrasting visions all a blur
    Photo via @kmitsotakis

    Agora

    responsible (rather than relying on the central government to baby-sit them) and provide citizens

    2%
  9. Moody's explains cautious approach to Greek credit rating upgrade
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    as reliance on central bank emergency funding and Eurosystem liquidity is reduced and deposits return

    2%
  10. Deposit inflows reach 1.30 bln in August on increased sight deposits
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for central bank funding to 12.63 billion euros compared to July’s sum of 13.02 billion euros. Since

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