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  1. 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

    2%
  2. 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

    2%
  3. 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

    2%
  4. 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

    2%
  5. 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

    2%
  6. 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

    2%
  7. 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

    2%
  8. 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

    2%
  9. Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    attributed to a rise in goods by 6.6 percent mitigated by a drop in services by 15.6 percent

    2%
  10. Tsipras's choices are becoming clearer but not any easier

    Agora

    using the influence the US has within the IMF to force the Fund to drop out of the Greek programme

    2%