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EC upbeat on reforms paying off, as long as they continue
EconomyProgrammeas the output gap improves and due to the impact of previous fiscal reforms. Brussels expects Greece... and maximise their value. HCAP’s objective is broader than the previous structure, the Hellenic
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Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
EconomyBankingpercent in the previous quarter on loan deleveraging. The NPE coverage ratio stood at 45.5 percent from 45.4 percent in the previous quarter. Pre-write off non-performing loan (NPL) formation remained
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Retail sales drop by 0.7 pct in September after upward revision for August
EconomyMacroeconomy) on Thursday. Compared to the previous month, the headline figure declined by 1.9 percent. August’s... negative territory after revised growth of 0.8 percent in the previous month. The latest figure
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General govt primary cash surplus at 6.39 bln in October, arrears continue to decline
EconomyMacroeconomylast year. Local government recorded a surplus of 314 million euros, up from the previous month’s... million, slowing from the previous month’s fall of 1.53 billion and stood at 4.29 billion. The largest
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Unemployment rate continues decline to 20.5 pct in September
EconomyMacroeconomyof 9,980 people employed was noted versus the previous month, with the total for those employed standing... of unemployed decreased by 6,018 compared to the previous month and came to 981,126. This is 135,161
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Tsipras eyes four-year term but snap polls an option after MoU exit
PoliticsGreek Politicsand his government being able to achieve things that previous administrations did not manage. “We... attractive if Tsipras hopes to cash in on the prospect of succeeding where previous prime ministers
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Turnover in services sector shows mixed picture in Q3 2017
EconomyMacroeconomynumber as in the previous quarter. The three largest year-on-year falls were noted in publishing... research which declined by 32.2 percent versus the previous quarter, followed by architectural
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Number of private sector employees rises in 2017 but wages fall
EconomyMacroeconomypattern as the previous year, most firms with employment governed by private law related to private... that of those employed, 53.6 percent were men and 46.4 percent were women, unchanged from the previous year
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A year of risk and reward for Greece
Agorascars in a country that has lost a quarter of its GDP in the previous years and where the unemployment... course. Wasting this chance would be worse than anything that happened in the previous eight years
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Athens set to profit from falling borrowing costs as yields drop ahead of review completion
EconomyFeaturesfor the first time. The previous auction was at the start of November and the yield was at 1.95... 1.63 billion euros. In the previous 6-month auction in August, the yield had settled at 2.4 percent
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