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  1. As Bank of Greece lines up Stournaras to take over, it reveals how risky things got during crisis

    EconomyMacroeconomy

    billion), in the week March 22-26 2010 when rumors of an imminent default prevailed in the market (2

    11%
  2. BoG sees encouraging signs for Greek economy but warns on reforms

    Economy

    positive in 2014 at 1 percent of GDP lower than its previous estimate of 2 percent. The key contributor

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  3. Two years on, Greek government ready to give up on higher heating fuel tax

    PoliticsGreek Politics

    that the levy rates be slashed by 50 percent (to 0.5 – 2 percent), with the aim of gradually eliminating

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  4. Political tremors shake Spain, overshadow economic progress
    Photo by 3Ro-Rokenublo via Flickr

    Agora

    (We Can) targeted a glaring political gap comprised by around 2 million people who are highly

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  5. Loan and deposit rates edge down in May but remain above euro area average

    EconomyMacroeconomy

    percentage points for loan amounts above 250,000 euros and by 2 percentage points for lower amounts

    11%
  6. Decline in Greek CPI slows to 1.1 pct in June after sharper fall in May

    EconomyMacroeconomy

    The Consumer Price Index (CPI) fell 1.1 percent in June, decelerating from the 2 percent drop in May, the Hellenic Statistical Authority (ELSTAT) said on Wednesday. The monthly evolution shows the CPI rose 0.6 percent month on month, primarily attributed to an 8.5 percent rise in clothing

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  7. Greek jobless rate remains stuck at 27.3 pct for third month
    Photo by Harry van Versendaal

    Economy

    by 1.1 percent in April from 0.5 percent in March. The number of unemployed fell by 2 percent YoY

    11%
  8. Greece to recover at least 30 of 50 bln it borrowed to bail out banks, says HFSF chief

    EconomyBanking

    . This estimation stems from the current value of HFSF shareholdings in core Greek banks of 18 billion, 2

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  9. Greek retail sales dive 8.5 pct in May after brief rise in April
    Photo by MacroPolis

    EconomyMacroeconomy

    price reduction. ΙΟΒΕ’s previous projection indicated a -2 percent drop and the upgrade followed

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  10. BoG shows lower deposit rates and a sharper drop in loan rates in June

    EconomyMacroeconomy

    for loan amounts below 250,000 euros now stands 2 percentage points above the eurozone average, while

    11%