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  1. NPEs down by 13 pct to 81.8 bln in 2018, but BoG highlights continuing credit risk
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    -Performing Exposures (NPEs). During 2018, NPEs continued their downward path, dropping to 81.8 billion euros.... With the drop of NPEs outpacing the deleveraging in the system that saw loans drop by 10 percent during

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  2. May employment balance positive by 105,282 as seasonal hires pick up
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , dropping from 56 percent in April. During the month, part-time and shift work made up 39.2 percent... a positive hirings balance during the month. The biggest positive balance was seen in those aged

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  3. Travel balance falls by 4.1 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    percent in foreign arrivals, coming to roughly 982,100 visitors during the month. The average.... During the first four months of the year, travel receipts rose by 22.8 percent to 1.3 billion euros

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  4. As East Med tension remains, Athens also keeps eye on Turkish actions in Aegean
    Photo by Andrea Bonetti/Fosphotos

    Foreign PolicyGreek Politics

    rights of Greece and Cyprus” with its drilling. During a visit to Cyprus to attend the funeral... the last 25 years. For Athens, it is crucial that any escalation during the transition period following

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  5. Tsipras responds to criticism of SYRIZA record in bid to rally support

    PoliticsGreek Politics

    watched at least part of the interview on Tuesday night, during which Tsipras answered questions.... The controversy over this issue during the last few days has helped the centre-right party reaffirm

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  6. Trade deficit jumps by 56 pct in May
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    during the month. When stripping out the impact of oil products and the value of ships, imports grew... to 9.42 billion. This was driven mainly by an 8.9 percent rise in imports. Exports during the period

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  7. Merkel reluctant to discuss targets as Athens prepares bill with wide-ranging tax cuts

    PoliticsGreek Politics

    The new Greek government is planning to move ahead with the tax cuts promised by New Democracy during the election campaign and is aiming to table a bill before the end of July that will set out... conference during her visit to Finland on Wednesday, German Chancellor Angela Merkel said she had

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  8. Unemployment falls to 17.6 pct in April, dipping under 18 pct for first time since Jul 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    the first time since July 2011 that the rate of unemployment fell below 18 percent. During April... showed that there were 31,407 more hirings than departures during the month. Compared to June 2018

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  9. Building permits increase by 14.6 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    permits was issued in the western Macedonia with 18 permits. During 2018, permits issued rose by 10.3... during the first quarter (Q1) of the year from an upward revised increase of 2.6 percent in Q4 2018

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  10. Tsipras aiming to guide SYRIZA towards new territory in opposition
    Photo by MacroPolis

    PoliticsGreek Politics

    that a leadership contest will be held during the congress, although it is possible that Tsipras.... Line of attack During Tuesday’s meeting, Tsipras also gave an indication of one of the main lines

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