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  1. Lending to corporations drives credit growth of 11.3 pct YoY in May
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    to insurance corporations showed a net monthly inflow of 267 million euros. This took the balance

    6%

  2. ND targets eye-catching wins in local elections as SYRIZA officials agree tentative truce
    Image: MacroPolis

    PoliticsGreek Politics

    the criticism levelled at the local official for the recent flooding in the region of central Greece... new leader Stefanos Kasselakis and left-wing officials opposed to the newcomer. Mitsotakis is touring

    6%

  3. Hope of economic, trade benefits drive Tsipras's landmark visit to Iran
    Photo via @PrimeministerGR

    PoliticsForeign Policy

    the agreement of Hellenic Petroleum (ELPE) to buy oil from the National Iranian Oil Co. will pave the way in the near future for the Iranian company to buy a share of ELPE. Greece, however, is not the only... with other EU member – states such as Germany and France. In fact, Iran has already agreed to buy 114

    6%

  4. Greeks tending to shop less often and opt for local products

    Society

    that they went to the supermarket having already decided what they would buy, indicating a decline..., with 54.4 percent saying that they choose cheaper products, buy fewer items (63.4 percent), compare product prices in the store (81.5 percent) and buy only essential items (45.8 percent). When asked what

    6%

  5. Back from the brink: What next for Greece's property market?
    Photo by Giannis Papanikos/Fosphotos

    EconomyFeatures

    continued to come from overseas property buyers flocking to buy holiday homes at discount prices... falling, and then rose again after the country’s referendum. Many of those looking to buy don’t... banks announced that they aimed to buy back the majority of the properties being auctioned to shield

    6%

  6. Multi-bill passed, sub-tranche released but debt relief expectations dwindling
    Photo by MacroPolis

    EconomyProgramme

    (this is expected to amount to around 28 billion euros) to buy out the IMF’s loans, which carry a higher... expressed hope of receiving around 20 billion euros from the ESM to buy out Greece’s IMF loans and buy

    6%

  7. Government's focus on defence, plans for more procurements put opposition in tough spot
    Photo by Naval Group

    PoliticsGreek Politics

    French-made frigate. Athens agreed in 2021 to buy three new Belharra type vessels for a cost of 3... to buy 24 Rafale fighter jets from France as part of a wider defence pact that was hailed by Prime... not to sell Meteor missiles to Turkey. Dendias also agreed on Monday to buy 16 French Exocet anti-ship

    6%

  8. PM hopes to avoid stumbling blocks amid numerous outstanding review actions
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    , New Democracy and To Potami were against handing out 500 million euros from the fiscal outperformance... officials amid hopes on both sides of the table that the third review can be concluded relatively... as only around 20 of the 95 prior actions have been carried out. Finance Ministry officials told

    6%

  9. Newsletter 247 -10/04/2020

    Newsletters

    at 767,320. The overall labour force came to 4.68 million in January, falling by approximately 500 compared... to be flouting the rules has been increased from 150 to 300 euros. Government officials also denied... on public health. While Greek government officials are beginning to express reserved optimism over

    6%

  10. Athens eyes cancellation of pension cuts as Tsipras prepares Thessaloniki package
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    measures the 2019 budget would have a surplus of 500 million to a billion euros. Senior government officials have been arguing for the last few weeks that the pension cuts are not necessary in fiscal... to discuss the potential cancelling of the measure. Other European officials have appeared less open

    6%