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  1. Credit contraction slows again in Nov, falling to 1.3 pct on additions of 62 mln
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyMacroeconomy

    percent lower than last year’s figure of 3.5 billion. The breakdown of the November lending flow showed... balance down by more than 23 percent over this period. The biggest rate of decline over this period has

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  2. Govt hopes for Feb review deal but opposition readies in case of snap polls
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    make a so-called “heroic exit” if the institutions are not willing to accept anything less than the government legislating now further austerity measures, rather than accept the terms or become bogged

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  3. Early tourism estimates point to increased airline pre-bookings and lower cruise passengers in 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    more than those in 2016. This estimate is due to be revised by the end of January and could... showed that foreign arrivals rose by 10.4 percent to 12.87 million in 2016, an increase of more than

    1%

  4. Mitsotakis marks first year at ND helm by emphasising tax cut goals
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    if he could show greater ownership of such a scheme than previous administrations. When he set out his... the New Democracy leader would make a better prime minister than Alexis Tsipras, who garnered the backing

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  5. Newsletter 102 - 13/01/2017

    Newsletters

    the Greek government suggest that the target for completion is the February 20 Eurogroup, rather than... Airport), which corresponds to around 3.6 million more than those in 2016. Most of those incremental

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  6. Job hirings of 11,132 in Dec; 2016 net hirings at record high since 2001
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    that hirings amounted to 2.14 million within 2016 more than offsetting 2 million departures, of which... flexible types of work, slightly lower than last year’s figure of 55.5 percent. Specifically, part-time

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  7. Mitsotakis seals alliance with Drassi, targets role of unifier
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    In a move that will have mostly symbolic, rather than practical, impact, New Democracy announced on Thursday that the small pro-business party Drassi is to come under its umbrella. The cooperation... parties offers more to New Democracy in public relations terms than it does in supporter numbers

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  8. Newsletter 103 - 20/01/2017

    Newsletters

    on TrainOSE’s debt to OSE, amounting to more than 700 million, is pending. 2 Budget primary surplus almost..., with building permits plummeting by more than 86 percent over the last decade. Building activity has

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  9. Greek households saw net financial wealth plummet by 37.5 pct during crisis
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    their assets plummeted by more than one third. The latter was mostly evident in the early stage... their assets which more than doubled from 30.6 percent in Q1 2006 to 66.5 percent Q2 2012, not only

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

    EconomyMacroeconomy

    with deductions of 3.14 billion in 2016, 4.8 percent lower than the 2015 figure of 3.29 billion. When broken down... of more than 40 billion euros dragging the loan stock down by 24.3 percent over this period. The consumer

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