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  1. Deposit inflows increase to 1.1 bln in June
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    revealed on Thursday. As a result, the outstanding balance climbed to 120.42 billion euros. The headline... than offsetting insurance companies’ outflows of 607 million. Despite the positive flow in the last two... stands at 40.5 billion, which is 50.5 billion lower than the level of 91 billion in mid-July 2015, when

    7%
  2. Tsipras concludes US trip with focus on geopolitics and investments
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    and insisted that it should be seen as a “geostrategic, rather than financial” issue. He argued that Athens had convinced Washington that there is a need to maintain a military balance in the area... than Belgium or Luxembourg. Notably, following its initial criticism of the deal, the main opposition

    7%
  3. Review gathers pace as mission chiefs prepare for Athens return
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    balance figures published this week show that September was the busiest month for arrears payments... than the target of 103.4 billion. The NPE ratio stood at 50.6 percent in Q2, slightly higher than

    7%
  4. Gennimata handed task of transforming PASOK into broader centre-left alliance
    Photo by Fofi Gennimata/Fosphotos

    PoliticsGreek Politics

    ballot exceeded expectations by reaching just over 210,000. The turnout was also higher than many... as something more than just a future junior coalition partner. SYRIZA Prime Minister Alexis Tsipras... as he moves SYRIZA away from its radical roots. However, he will also have to find the right balance

    7%
  5. Parliament gears up for budget vote as auction concerns persist
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    differing views of the political balance in Greece as the year comes to an end. The vote on the budget... and SYRIZA is less than five points. According to the survey, backing for the conservatives stands at 21.8... to 280,000 euros for debts of less than 200,000 euros. It seems, though, that the public has a different

    7%
  6. Unemployment rate at 20.7 pct in October, previous month revised upwards
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    is 109,584 higher than that for the same time last year. The number of unemployed decreased by 4,528... as of November showed that the net hirings balance was negative by 39,221 as departures outpaced hirings, largely... between 17.5 and 21.9 percent. The IMF sees unemployment at 21.9 percent for 2017, lower than the OECD

    7%
  7. Total overdue tax obligations rise to 101.86 bln in Dec, new debt up by 1.30 bln
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    posting a negative balance in the following month. The total for legacy tax arrears (i.e. those... out to an average of roughly 223.2 million euros per month this year, which stands higher than..., the rate came to 15.1 percent, less than half of the rate for 2016 (39.7 percent). The corresponding

    7%
  8. Building activity down by 6.7 pct in Dec after rising by 8.6 pct in 2017

    EconomyMacroeconomy

    this is higher than that for 2016, it remains around 86 percent lower than the peak of 95,730 permits... in 2016. Net deductions in the household loan sector came to 201 million in January, with the balance

    7%
  9. New overdue taxes rise by 766 mln in Jan, total stock at 99.44 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million against the previous month, and with a collectability rate of 75 percent. More than 90.... In October, the number rose substantially by more than 410,000, before again posting a negative balance in the following month. The total for legacy tax arrears (i.e. those created before 2017) rose

    7%
  10. Building activity up by 18 pct in Jan, permits dip below 1,000-mark

    EconomyMacroeconomy

    came to 13,847. Although this is higher than that for 2016, it remains around 86 percent lower than... in February, with the balance declining to 58.56 billion euros, according to the BoG. The BoG’s data

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