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  1. Alpha Bank and Eurobank start new year with further bad loan sales

    EconomyBanking

    Two of Greece’s systemic banks moved into 2019 with increased activity on their disposal of their pile of bad loans as the new year heralds a host of ambitious loan reduction targets. Alpha Bank ended December with an announcement that it had sealed a deal to sell 1 billion euros of its non

    9%

  2. Trade deficit grows by 5.7 pct in Nov, aggregate increase at 1.6 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    stripping out the impact of oil products and the value of ships, imports and exports grew by 1 percent

    9%

  3. Lenders put spotlight back on pending reforms ahead of second post-MoU review
    Photo by Andrea Bonetti/Fosphotos

    EconomyProgramme

    loosening of capital controls on October 1 was also noted in a positive light. However, the report

    9%

  4. Tourism continues on upward trajectory as latest figures signal record-breaking arrivals
    Photo by MacroPolis

    EconomyMacroeconomy

    for 4.6 percent of all travel and generated 648.6 million euros in revenue, edging up by 1 percent

    9%

  5. Macedonia name issue: Agreement and disagreement
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    that the Republic of Macedonia/fYRoM should be renamed as Republic of North Macedonia according to Article 1

    9%

  6. Travel balance rises by 73.5 pct in Nov, 9.7 pct in aggregate period
    Photo by MacroPolis

    EconomyMacroeconomy

    visitors rose by 27.2 percent to 1 billion. Receipts from Russian visitors fell by 20.8 percent to 328.6

    9%

  7. Newsletter 191 -25/01/2018

    Newsletters

    aged 66-70 (16 percent) and those aged 76-80 (15.2 percent). Slightly over 1 percent of pensioners

    9%

  8. Tsipras goes big on minimum wage, hoping to enhance election hopes
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    , granting them a 27 percent rise. Both measures will be implemented on February 1. The rate of increase

    9%

  9. Increase of 11 pct in minimum wage to have knock-on effect in economy
    Photo by MacroPolis

    Economy

    As was widely anticipated, during the cabinet meeting yesterday Alexis Tsipras announced that the minimum wage in Greece will increase for the first time in a decade to 650 euros per month, from 586 euros currently, effective from February 1. This represents a rise of close to 11 percent

    9%

  10. BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    that it had sealed a deal to sell 1 billion euros of its non-performing loans (Jupiter project) which had

    9%