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  1. Final budget for 2019 excludes pension cuts, includes 910 mln in expansionary measures
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent thanks to a significant pick up in investment spending, which is expected to grow by nearly 12

    5%

  2. Credit contraction deepens 1.4 pct in October, balance at 174.90 bln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    into positive territory in September by 4.4 million. The outstanding balance came to 12 billion from

    5%

  3. New strategic investment framework unveiled, faster licencing and tax breaks promised

    EconomyFeatures

    , the new legislation envisions tax breaks, exemptions and a stable tax rate for 12 years from

    5%

  4. Turnover in services sector improves in Q3 2018 on annual basis, declining QoQ
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Turnover indices for the services sector recorded an improvement in the third quarter (Q3) of 2018, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. Specifically, year-on-year improvements were noted in 13 out of 15 services, a slight improvement on the positive increase in 12 out

    5%

  5. Mitsotakis pledges more benefits, new faces as election build-up intensifies
    Photo via @kmitsotakis

    PoliticsGreek Politics

    prior experience in politics. While the emphasis of the party’s 12 congress was largely on the idea

    5%

  6. Credit contraction stays at 1.4 pct in November, loans to enterprises turn positive
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 11.88 billion from 12 billion in the previous month. Deductions in the private individuals and non

    5%

  7. General govt primary cash surplus at 7.62 bln in Nov, arrears fall by 42 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    governments (+12 million euros). ​At 28.4 percent of the total, tax refund arrears of made up

    5%

  8. S&P keeps B+ rating and positive outlook, stresses factors for stronger growth
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    in the next 12 months if the recovery strengthens. A rating upgrade could also be supported

    5%

  9. November current account deficit at 1.41 bln as import value outstrips exports
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    . The BoG noted that at constant prices, total exports of goods rose by 12 percent, and total imports

    5%

  10. Credit contraction at 1.1 pct in Dec, loans to enterprises increase by 1.09 bln MoM

    EconomyMacroeconomy

    for the month up to 6.33 billion. Loans to sole proprietors fell by 12 million, easing against

    5%