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  1. Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
    Photo by MacroPolis

    EconomyBanking

    , Piraeus Bank Group was operationally (rather than legally) separated into two pillars, ‘Piraeus Bank

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  2. Parties mark out battle lines for next elections
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that Tsipras has to play. It is certain to be one of the main pillars of the party’s election campaign

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  3. Supplemental MoU sets out path for maintaining fiscal sustainability
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyProgramme

    and the next policy steps, is based on the four pillars on which Greece’s third programme has been

    3%

  4. Focus of banking sector commitments shift to NPL reduction, debt restructuring framework
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    The safeguarding of financial stability is one of the pillars of Greece’s third programme and the Supplemental Memorandum of Understanding (sMoU) has a section dedicated to the banking sector, with the focus on the secondary market for Non-Performing Loans (NPLs), debt restructuring and insolvency

    3%

  5. Lenders set out post-MoU reform tasks ahead for Athens
    Photo by MacroPolis

    EconomyProgramme

    the programme are to be continues, with the most notable being the roll of out all three pillars

    3%

  6. Greece 57th in WEF's Global Competitiveness Index based on new methodology

    EconomyFeatures

    The World Economic Forum’s Global Competitiveness Index (GCI) for 2018 has shown that Greece fell four places in a year, standing at number 57. The annual report, compiled and released by the World Economic Forum, tracks the performance of almost 140 countries against 12 pillars of competitiveness

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  7. Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests
    Photo by Panayotis Tzamaros/Fosphotos

    Features

    A study by the Greek Tourism Confederation (INSETE) has indicated that tourism contributed between 25.7 and 30.9 percent of Greece’s GDP in 2018. The figures showed that the tourism industry acted as one of the central pillars of the Greek economy when direct and indirect contributions from tourism

    3%

  8. New government sets sights on sustainable and wide-reaching tourism industry
    Photo by Yannis Drakoulidis/Fosphotos

    Economy

    and sustainability would be the key pillars of Greece’s ten-year strategic plan for tourism. He added that “Our job

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  9. Hotel owners sound warning over Thomas Cook revenue losses
    Photo by MacroPolis

    EconomyFeatures

    that the tourism industry acted as one of the central pillars of the Greek economy when direct

    3%

  10. Greece tugged down in WEF competitiveness ranking by financial system, institutions
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    countries against 12 pillars of competitiveness. It assesses the factors and institutions

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