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Minister's actions put PM on the spot as politicians' loans stir controversy
PoliticsGreek Politicsthat did not adhere to basic banking principles. Attica Bank also attracts strong scrutiny
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January deposit movement negative by 1.55 bln
EconomyMacroeconomyNet deposit movement in the Greek banking system was negative in January with outflows of 1.55 billion compared to strong inflows of 3.15 billion in December, Bank of Greece (BoG) figures revealed on Wednesday. The current month’s flow is the most negative reading since January last year when
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EC report notes economic imbalances and outlines remedies
Economya strong constraint on the deleveraging process, the report noted. Improvements have been seen
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Primary surplus targets become part of main political agenda ahead of elections
PoliticsGreek Politicsto ensure that Greece’s debt remains sustainable. “A new government with a strong public mandate, but also
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Apartment prices up by 2.5 pct in Q4 and 1.5 pct in 2018 as property recovery solidifies
EconomyMacroeconomythe gradual a strengthening of property price recovery with strong interest coming from overseas
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Building permits down by 7.5 pct in Dec but up by 10.3 pct during 2018
EconomyMacroeconomythe gradual a strengthening of property price recovery with strong interest coming from overseas
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Car sales rise by 15.7 pct in Feb
EconomyMacroeconomyto the recovery in recent years is the renewal of rent-a-car fleets, combined with strong tourism
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IMF outlines areas in which Greece needs further reforms, where it should apply caution
EconomyProgramme) is subject to surcharges. That said, if significant risks materialise, Greece will need a strong
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January current account deficit at 1.18 bln as underlying components deteriorate
EconomyMacroeconomy, leading to a travel balance of 66 million, a strong increase against the balance for last year which
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NBG reports full year net profits of 50 million euros from continued operations
EconomyBankingtransformation programme for 2019 to 2022 would be implemented on the basis of the bank’s strong
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