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Piraeus enters agreement for sale of 2.2 bln loan portfolio
EconomyBankingand rewards associated with it. Commenting on the latest development, Christos Megalou, Piraeus Bank’s... its final support programme. The Bank of Greece’s (BoG) latest report showed that banks had met
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S&P: Greek covered and securitised bonds rated investment grade for first time since 2011
EconomyBankingcredit rating of ‘B+’. This latest rating change comes soon after S&P upgraded the credit ratings... agencies. In the latest Medium-Term Fiscal Strategy (MTFS) for 2019 - 2022, the Ministry of Finance
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Building permits up by 1 pct in April and 5.2 pct in first four months of the year
EconomyMacroeconomyBuilding permits rose by 1 percent in April following a drop of 2.3 percent in March, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed. The latest monthly headline figure puts... percent, improving against the drop of 2.4 percent in 2016. The latest confidence indicator for June
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Greeks seen working longer, until July 18, to meet annual tax bill
Society. KEFiM has been carrying out the survey for the last four years. The latest data as of 2017 from... of the EU’s citizens were in the labour force as of the latest edition, down by 0.3 percent in 2010
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Government indicates readiness to play waiting game on pension cuts
PoliticsGreek PoliticsThe pension cuts due in 2019 continue to dominate the Greek political agenda, with the latest intervention from a government official suggesting that Athens has no intention of acting on this issue... that elections are expected by next May at the latest, the government wants to do all it can to avoid
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Deposits inflows in June reach 1.36 bln for fifth month of positive readings
EconomyMacroeconomyon Wednesday. The latest figure marks five straight months of positive deposit inflows. Overall... amount to reach a similar figure. The latest aggregate inflows are attributed to time inflows
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Unemployment in Greece falls to 19.5 pct in May, below 20 pct for first time since Sept 2011
EconomyMacroeconomyon Thursday. The unemployment rate in May last year was 21.7 percent. The latest rate is the first time.... The latest available data from the Labour Ministry’s Ergani database for June showed that there were
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CPI up by 0.9 pct in July to mark fourth consecutive rise
EconomyMacroeconomybeing the first negative reading since November 2016. The latest headline number marks four consecutive months of price rises this year. The average CPI for the latest 12-months since August 2017 was 0.5
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Apartment prices increase by 0.8 pct in Q2 for first rise since Q4 2008
EconomyMacroeconomyshowed on Thursday. The latest figure marks the first increase in apartment prices in almost a decade... prices showed a YoY drop of 12.8 percent. As noted, the latest quarter represents the first price
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Deposits inflows reach 840.6 mln in July driven by time deposits
EconomyMacroeconomy) figures revealed on Tuesday. The latest figure completes six straight months of positive deposit..., surpassing the aggregate figure for a year ago which stood at 516.4 million. The latest aggregate inflows
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