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  1. Lenders focus on closing any fiscal gap for 2019 ahead of November 19 Eurogroup

    EconomyProgramme

    are not implemented and the government adopts the full package of tax cuts and social spending pledges made

    3%

  2. Appeals over past pension cuts sow confusion about potential fiscal impact of backpay
    Photo by MacroPolis

    Economy

    date of full implementation of the Katrougalos law pension calculation is January 2019, pensioners

    3%

  3. Car sales rise by 19.2 pct in October
    Photo by Andreas Simopoulos/Fosphotos

    EconomyMacroeconomy

    in the first 10 months of the year. According to the full-year data for 2017, car sales doubled

    3%

  4. Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets

    EconomyBanking

    at 12.7 billion. In Q2, the bank had already met its full year NPE target, while NPLs stood at 11.5

    3%

  5. Budget primary surplus at 6.46 bln in October on improved revenues and primary underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros. The full revenue breakdown will be provided upon the release of the final budget execution

    3%

  6. OECD sees 2.2 pct growth in 2019, stressing importance of reform adherence

    EconomyMacroeconomy

    that while employment growth has slowed down, the share of full-time employment is growing. Bank lending

    3%

  7. Eurobank net profits of at 45.1 mln in Q3, NPEs under 40 pct for first time
    Image via www.eurobank.gr

    EconomyBanking

    million outstanding in order for the bank to reach its full year NPE reduction target of 15.6 billion

    3%

  8. BoG provides details of ambitious plans to slash NPLs via SPV
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    by banks (each participating by no more than 20 percent) and the Greek State. In the interest of full

    3%

  9. Eurobank to merge with Grivalia Properties and create SPV to cut bad loans
    Photo by MacroPolis

    EconomyBanking

    exposures, we will be able to turn our full attention to serving our clients, returning to growth

    3%

  10. Greek tourism building strength but needs to diversify, PWC study finds
    Photo by MacroPolis

    EconomyFeatures

    . Destinations, such as Crete, the Ionian Islands and South Aegean are close to full capacity during

    3%