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  1. In autumn forecasts, EC sticks by GDP estimates but expects lower unemployment
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    accelerating to 13.7 percent in 2017 and to 14.2 percent in 2018, mainly backed by improved credit

    2%

  2. Building activity rebounds 16.6 pct in Aug, largely due to low base effect

    EconomyMacroeconomy

    of the key impediments for credit expansion in this sector. The latest construction confidence

    2%

  3. Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    -term credit rating and credibility of the domestic economy, the 2017 budget stresses

    2%

  4. NBG turns profitable in Q3, NPE stock drops further by 1 billion
    Photo by MacroPolis

    EconomyBanking

    million) and consumer credit (-10 million). Overall, the Greek NPL ratio edged up to 35.4 percent

    2%

  5. Budget primary surplus to Oct confirmed at 6.5 bln, 2.9 bln above revised target
    Photo by MacroPolis

    EconomyMacroeconomy

    by many taxpayers via credit cards. This resulted in an upfront collection of the whole amount

    2%

  6. Greeks’ wealth fell by 0.6 pct in 2016 for third straight decline
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    Wealth in Greece dropped for the third straight year in 2016, albeit by just 0.6 percent after a decline of 9.7 percent in 2015, the 2016 Global Wealth Report published by Credit Suisse revealed. The absolute figure landed at 947 billion US dollars in mid-2016, down by 6 billion from the mid-2015

    2%

  7. Tsipras gets no encouragement from lenders, left to consider next move
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    that the renewed tension between Greece and its creditors signals is a credit negative as it suggests

    2%

  8. Why can't Greece be more like Cyprus?
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    lags Cyprus are: registering property (141 vs 91), getting credit (82 vs 62), paying taxes (64 vs 34

    2%

  9. Government seeks to appease banks over ADMIE privatisation

    EconomyMacroeconomy

    request for further credit of around 200 million euros, the four systemic lenders underline

    2%

  10. Minor fluctuations in deposit and loan interest rates in December

    EconomyMacroeconomy

    in the previous month. However, the consumer loan rate without a fixed maturity (mostly credit cards

    2%