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  1. Greek expats generating 9.1 bln in taxes abroad each year, study suggests
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    Society

    estimates that Greek expats have generated a total of more than 50 billion euros of GDP in their new countries since 2008. In addition, the Greek state is estimated to have invested more than 8 billion

    2%

  2. S&P affirms Greece’s rating with stable outlook

    Economy

    notches above that of Moody’s (‘Caa3’ set on July 1, 2015) and two notches higher than Fitch (‘CCC... of the Greek population pays around 60 percent of taxes, while more than half of wage and pension earners

    2%

  3. Turkish unrest gives Greece the shivers
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    Agora

    and antagonism have made Athens nervier than it needs to be, but there have been specific cases of Greeks... much more complex and edgy than they have been in recent times. The current government has made

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  4. Decline in retail sales accelerates to 8 pct in May
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    EconomyMacroeconomy

    a precipitous fall since its peak in 2008, having lost more than 45 points, a fall in excess of 40..., with only a few exceptions. Sales of furniture and household equipment have tumbled by more than 60

    2%

  5. Minor uptick in time deposit and average loan interest rate in June

    EconomyMacroeconomy

    low it recorded in May and stands almost 30 bps higher than the eurozone average rate of 0.57 percent... low since Greece’s euro accession in 2002. Loans Corporate loan rates for amounts less than 1 million

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  6. Bank of Greece publishes revised Code of Conduct for management of NPLs
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    EconomyMacroeconomy

    Bank of Greece published on Tuesday evening the revised Code of Conduct for the management of non-performing loans (NPLs) held by individuals and very small businesses (with turnover less than 1... below interest only and grace period. Longer term (higher than 2 years) settlements, taking

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  7. Majority of Greeks now view EU in bad light, survey indicates

    Society

    concerned about the economic situation in the EU than citizens in all other EU countries are about... currency still enjoys more Greek backing than the EU average of 55 percent.

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  8. New tax arrears rise by 1.22 bln in June, total stock almost at 90 bln

    EconomyMacroeconomy

    for the first half of 2016 show new overdue taxes climbed by 6.81 billion euros, up by 15.7 percent or more than..., which is slightly less than half of the previously set annual target of 2.05 billion. The collection

    2%

  9. SETE study presents short- and longer-term prospects of Greek tourism
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    EconomyMacroeconomy

    product competitiveness by more than 10 percent, wiping out half of the competitiveness that was clawed... the number of overnights has dropped from 10 days to less than 8 in 2015 and is expected to remain

    2%

  10. Tsipras seeks "Club Med" unity as refugee crisis, debt talks move up agenda
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    PoliticsForeign Policy

    in the company of leaders with a less radical left background than himself. He has gradually been welcomed... with the institutions between January and July made this an impossible task, with Athens creating tension rather than

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