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  1. Greek banks stepped up write-offs in 2016, provisions increased at slowest pace since 2008
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    Greek banks stepped up the number of write-offs in 2016 compared to the previous years, the Bank of Greece (BoG) revealed. Specifically, write-offs in the Greek market reached a record high of 2.54 billion euros in 2016, up by more than 1 billion from the 2015 figure of 1.46 billion. The previous

    13%

  2. European Commission positive on Greece's macro and fiscal prospects
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    inflation of 1.3 and 1 percent is expected for 2017 and 2018 respectively. The key downside risks

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  3. Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    percent in 2016. In the 9-month period of 2016, private consumption increased by 1 percent, while

    13%

  4. Greece near bottom of OECD rankings for spending on R&D
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    was equal to just 1 percent of GDP in 2015. Greece came before Poland and Turkey (33rd and 34th place

    13%

  5. Newsletter 107 - 17/02/2017

    Newsletters

    write-offs in the course of 2016, reaching a record high of 2.54 billion, up by more than 1 billion

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  6. Special ELSTAT report reveals dramatic changes in labour market since 1980s
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    this period, while that for women edged up 1 percent. The professional status is another feature

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  7. Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    at 6.54 billion in December from 6.53 billion in November, while rose by around 1 billion from

    13%

  8. Tsipras faces heavy lifting to finalise deal and get party approval
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    January 1, 2019. The relief measures pursued by the Greek side will only be implemented if the primary

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  9. Effort begins to secure SYRIZA support for deal with institutions
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    apply from January 1, 2019. He, intentionally perhaps, avoided mentioning that the implementation

    13%

  10. Greece forced to revisit prickly subject of pension spending to conclude review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    involves applying the new rules to existing pensions, which could deliver savings of 1 percent of GDP

    13%