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  1. Card usage gains traction with debit cards leading the way, BoG finds

    EconomyBanking

    The Bank of Greece’s (BoG) latest overview of the Greek financial system has shown that the rate of card use among businesses and individuals has steadily increased over recent years. According to the latest data, the total number of active payment card...

    9%

  2. BoG report highlights economic challenges, proposes way forward
    Photo by MacroPolis

    Economy

    The Bank of Greece (BoG) published on Monday its Monetary Policy Report for 2018 and 2019, which outlines the areas where there has been significant progress but it also highlights several risks and makes proposals that would free up the country’s poten...

    9%

  3. Third bill on way as Athens looks to autumn reforms, negotiations with creditors
    Photo by MacroPolis

    PoliticsGreek Politics

    The third of three bills New Democracy wants to pass before Parliament’s summer recess is due to be submitted to the House on Friday as the government looks towards the challenges it faces in the autumn, particularly in terms of its negotiations with th...

    9%

  4. EU main destination for exports in 2019, fuel and pharmaceuticals lead way
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyFeatures

    Greece enjoyed a record year for exports in absolute terms according to research released by the Panhellenic Exporters Association (PSA), which combined data from the Hellenic Statistical Agency (ELSTAT). According to the data, exports to the European U...

    9%

  5. More restrictions on way as Athens revels in ECB decision
    Photo by MacroPolis

    PoliticsGreek Politics

    Prime Minister Kyriakos Mitsotakis was due on Thursday afternoon to give his third public address in two weeks in connection to the coronavirus. According to reports, he will announce that passenger flights to and from Greece will be suspended as of Sun...

    9%

  6. Banks look for way forward as economic shutdown takes its toll
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyBanking

    Greeks banks are facing a complicated challenge in the face of coronavirus as their efforts to reduce NPLs have come to a standstill. In their full year performance reports for 2019, all four of Greece’s systemic banks reported profits and solid progres...

    9%

  7. Stricter Covid-19 measures on the way, as pressure grows for national lockdown

    PoliticsGreek Politics

    Greece reported record high in daily infections and ICU usage on Wednesday, with 1,547 new cases and 108 patients intubated in ICUs. The new jump in infections prompted Prime Minister Kyriakos Mitsotakis to announce a new month-long action plan to tackl...

    9%

  8. Running the wrong way: Rama's spat with the EU over vaccination underlines growing frustration
    Photo by https://flic.kr/p/4DfMJ1

    Agora

    The public spillover of criticism towards the EU marks a new and unprecedented development in Albanian politics. Rama’s statements about the EU’s ‘second-hand’ treatment of the Western Balkans during the pandemic highlights the significant shift in what...

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  9. Credit expansion slows to 0.7 pct in Sep as loans to enterprises lead way
    Photo by MacroPolis

    EconomyMacroeconomy

    Credit movement in the Greek private sector increased by 0.7 percent year-on-year (YoY) in September, from 0.8 percent in August, according to Bank of Greece (BoG) figures released on Wednesday. The growth in credit expansion continues to slow after rea...

    9%

  10. Parties at odds over latest pandemic measures, way to tackle Covid wave
    Photo via https://flic.kr/p/2ixuThi

    PoliticsGreek Politics

    Prime Minister Kyriakos Mitsotakis appears to have played his last card, short of a lockdown, in the effort to contain the pandemic as New Democracy looks to ride out the latest Covid wave. In a televised address on Thursday, the premier announced that ...

    9%