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  1. Credit contraction accelerates to 1.5 pct in Dec, net lending flow remains subdued
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    from 44.2 percent in December 2015, mainly attributed to a drop in performing loans by 3.2 percent

    4%

  2. Newsletter 105 - 03/02/2017

    Newsletters

    on Thursday. In addition, a sharper drop in overnight interest rates led the weighted average rate on all

    4%

  3. Banks see efficiency gains after shedding 29 pct of staff, 42.6 pct of branches during crisis
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    for 2016. The marked drop in operating expenses led to efficiency gains with Greek banks’ cost to income

    4%

  4. IMF examines where programme went wrong, what lessons were learnt
    Photo by Panayotis Tzmaros/Fosphotos

    EconomyProgramme

    drop in unit labour costs, significant restrictions regarding collective dismissals, industrial

    4%

  5. Car sales soar 22.8 pct in first month of 2017

    EconomyMacroeconomy

    Road motor vehicles (going into circulation for the first time) surged 22.8 percent in January after a double-digit drop of 19.8 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The December headline figure represents the highest positive reading since last July

    4%

  6. Unemployment rate stable at 23 pct in November
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    month. The upward movement is attributed to a drop in the number of employed by 64.700 coupled

    4%

  7. Lack of clarity across the board highlights review impasse
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    and will remain so for a long time,” he wrote. “Its gross financing needs will drop in the coming years

    4%

  8. Lenders' proposal not yet enough to convince Athens, banish snap poll option
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    for the total in new measures to drop to between 2.5 to 2.7 billion euros. The Greek government

    4%

  9. European Commission positive on Greece's macro and fiscal prospects
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    respectively. Unemployment is set to drop steadily in the next two years on the back of labour market

    4%

  10. Athens waits for Moscovici visit, eyes debt relief and lower volume of measures
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    for a less drastic reduction in the tax-free threshold (the government would not want to drop it lower

    4%