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  1. Payment cards up by 3 pct but value of transactions drops by 7 pct in H1 2016

    EconomyBanking

    cards posted a slightly lower drop of 5 percent to 121 euros, largely due to the restrained financial

    6%

  2. Decisive week for Greek programme begins with proposal from Athens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    and will accelerate a drop in unemployment, Tsakalotos noted.

    6%

  3. ESM and EFSF approve short-term debt relief measures for Greece
    Photo by MacroPolis

    EconomyProgramme

    2060, while gross financing needs are foreseen to drop by almost 5 pp over the same period. Speaking

    6%

  4. Positive deposit flow of 2.8 bln in Dec leads 2016 inflows to 4.2 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Assistance (ELA) funding by 1.37 billion, while ECB funding posted a smaller drop by 500 million

    6%

  5. Credit contraction accelerates to 1.5 pct in Dec, net lending flow remains subdued
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    from 44.2 percent in December 2015, mainly attributed to a drop in performing loans by 3.2 percent

    6%

  6. Newsletter 105 - 03/02/2017

    Newsletters

    on Thursday. In addition, a sharper drop in overnight interest rates led the weighted average rate on all

    6%

  7. 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

    6%

  8. 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

    6%

  9. 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

    6%

  10. 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

    6%