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  1. European Commission positive on Greece's macro and fiscal prospects
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    consumption is seen up 0.6 percent in 2016 and is expected to accelerate to 1.6 percent in the next two years... respectively. Unemployment is set to drop steadily in the next two years on the back of labour market

    6%

  2. Athens waits for Moscovici visit, eyes debt relief and lower volume of measures
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    , which appear to back up the Greek argument that its fiscal overperformance for 2016 must be taken... for a less drastic reduction in the tax-free threshold (the government would not want to drop it lower

    6%

  3. Credit contraction rises to 1.6 pct in Jan on extended deductions of 885 mln

    EconomyMacroeconomy

    by almost 25 percent. The biggest drop over this six-year period has been recorded in consumer credit.... However, new NPEs picked up and borrowers’ responsiveness to offered solutions fell in January, while

    6%

  4. Tormenting Greece with a distorted picture
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    choice but to acquiesce. Could this have been avoided if the review had been wrapped up earlier... indicated last summer, when the government concluded its first review that it would not drop its

    6%

  5. Eurosystem funding drops at sharper pace of 3.6 bln in Jan
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell at an accelerating pace of 3.61 billion euros in January after a drop of 1.87 billion in December, the Bank of Greece's (BoG) monthly financial statement showed... monthly decrease in ECB funding led to a change in the funding mix, with ELA funding making up almost 68

    6%

  6. Stable deposit rate in Jan, slight uptick in loan rate

    EconomyMacroeconomy

    soared 123 bps to 7.7 percent in January. This offset to a large extent the sharp drop of 149 bps... in the average loan rate led the average interest rate spread for Greek banks up for the second

    6%

  7. Car sales hit the accelerator in Feb, increasing by 43.1 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    reflects a low base effect, since car sales recorded a sharp drop of 17 percent in February 2016... accelerating from the 24.7 percent rise recorded in the previous month. Passenger cars make up 80 percent

    6%

  8. Pause in review talks, leaving most difficult issues to be tackled
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    .” The statement also notes that follow up meetings are scheduled for next week, stressing that “the aim.... The institutions also favour a drop in the corporate rate tax and reduced upper tax rates for personal

    6%

  9. Greece remains in inflation for second straight month after CPI rises 1.3 pct in Feb
    Photo by Natasha Pantazopoulo/Fosphotos

    EconomyMacroeconomy

    . In contrast, transport prices edged up 1.3 percent, while all other main groups and services recorded..., at a slower pace compared to the drop of 1.7 percent in 2015. All latest estimates point to a return

    6%

  10. Building activity increases for second straight month after 11.1 pct rise in Jan
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    reasons. It is the lowest reading since January 2016. Moreover, the corresponding surface edged up...) of 2016 and by 2.2 percent in 2016. They have posted a cumulative drop of 41.7 percent from

    6%