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  1. S&P sees improved fiscal and growth prospects, raises credit rating to 'B'
    Photo by Panayiotos Tzamaros

    Economy

    conservative than the Greek government’s forecast. The new rating is also supported by the low cost of debt.... The average maturity of Greece’s debt stands at more than 18 years and is the longest

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  2. Eurogroup sets up completion of third review, plans for programme's end

    EconomyProgramme

    , but it is thought that they total no more than 10 and could be completed ahead of the next meeting... be more than the parts we are doing," he said. Centeno clarified that no discussion had taken place during

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  3. European Commission keeps DSA broadly same, stresses need for relief

    EconomyProgramme

    than was initially earmarked and all arrears will be cleared by the end of the programme. Scenario...) have improved in the near term from the previous DSA and are forecast more than halving from 16.7

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  4. Stress test assumptions cause few concerns for Greek banks
    Photo via http://www.eba.europa.eu/

    EconomyBanking

    of deflation is assumed up to 1.8 percent in 2020, 5.7 percent lower than the baseline. Both residential... assumptions than those of 2015 when banks had closed a few months before the stress tests and strict

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  5. Total overdue tax obligations rise to 101.86 bln in Dec, new debt up by 1.30 bln
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    out to an average of roughly 223.2 million euros per month this year, which stands higher than..., the rate came to 15.1 percent, less than half of the rate for 2016 (39.7 percent). The corresponding

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  6. PMI up to 55.2 in January, highest since October 2007

    EconomyMacroeconomy

    grew at the fastest rate in more than 10 years. This in turn drove firms to hire more staff... than selling prices. Markit analysts commented on the strong start to the year which Greece’s

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  7. Pensions continue to be main source of income for half of Greek households
    Photo by Panayiotis Tzamaros/Fosphotos

    Society

    less than 586 euros a month and 72.3 percent of young people surveyed were seriously considering moving... than five members, unemployed members and those on low incomes found it hardest to cover basic needs

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  8. Coalition turns focus to bribery claims, eyes damage to opposition
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    products in Greece at higher price than competitors as it was considered a reference country... of the case. Justice Minister Stavros Kontonis claimed that it is a bigger scandal than the cash

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  9. Unemployment rate at 20.9 pct in November, slight upward revision for October
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    is 94,071 higher than that for the same time last year. The change in the number of unemployed... than the OECD which expects the jobless rate to settle at 22.2 percent. The European Commission's

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  10. Newsletter 150 -26/01/2018

    Newsletters

    settled at 3.5 percent and matching the pre-sales demand, it was finally oversubscribed more than twice...-on-year basis, the figure is 94,071 higher than that for the same time last year. The change

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