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High unemployment, falling wages damaged sustainability of largest Greek pension fund
EconomyMacroeconomyfund has lost a cumulative amoung of 16.5 billion in the 2010-14 period. In addition, this is a result
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Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
EconomyMacroeconomy. The positive flow in April is almost entirely attributed to corporate sector net additions of 763... positive for the third successive month, with net additions climbing to 763 million in April
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Newsletter 47 - 16/10/2015
pleas for cross-party unity with coarse attacks on SYRIZA and voting for the third bailout in August
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Whither New Democracy?
Agorapleas for cross-party unity with coarse attacks on SYRIZA and voting for the third bailout in August
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Newsletter 35 - 17/07/2015
into NPLs. This does not augur well in terms of client repayment capacity in the coming months
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For Greek banks, it's business as unusual
Agorato turn into NPLs. This does not augur well in terms of client repayment capacity in the coming
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Centre-left parties jockey for leading role in post-election landscape
PoliticsGreek Politicsnot augur well for Androulakis and his vision, however PASOK sources argue that the large portion
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Greece saw first annual deflation in almost half a century in 2013
EconomyMacroeconomyThe drop in Greece’s Consumer Price Index (CPI) decelerated to 1.7 percent in December after peaking with a 2.9 percent decline in November, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, the CPI rose 0.9 percent for the f...
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April saw first rise in Greek banks' Eurosystem funding this year
EconomyMacroeconomyGreek banks’ Eurosystem funding increased by 1.27 billion in April, showing a monthly rise for the first time since December 2013, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure stood at 61.96 billion at the end...
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Most Greeks saw income fall over last year, limiting purchasing power
SocietyThe results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco...
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