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  1. SYRIZA set to name more MEP candidates, hoping for better results
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that this anger will die down over the months to come is one of the reasons that Prime Minister Alexis... than five years after she had died. Within hours, it was announced that Loizou was stepping down

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  2. Piraeus Bank posts net profit of 185 mln in 2018
    Image via www.piraeusbankgroup.com

    EconomyBanking

    billion euros. The NPE ratio edged down to 53.1 percent from 54.1 percent in Q3, while the NPE coverage... provision expenses in Greece came to 137 million in Q4, down by 8 percent in Q4. For the full year, loan

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  3. BoG underlines progress in NPE reduction but stresses need for systemic solution
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    of reducing the stock of bad assets by end of 2021 to 34.1 billion euros, which will take the ratio down... to bring down their stock of bad assets, there is an urgent need for institutional solutions

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  4. General govt primary cash surplus at 2.91 bln in Feb, arrears rise by 83 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus came to 2.91 billion euros in the first two months of the year, down by 272 million euros compared to the same period last year, according... of the total debt. In the other underlying subcategories, T-Bills edged down by 3 million to 15.28

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  5. IMF maintains outlook for economy, Athens readies scheme for unpaid taxes and contributions
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    slowing down to real growth of 2.2 percent in 2020. Growth is then seen slowing down, setting at 1.2

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  6. Unemployment rate edged up again in Jan, reaching 18.5 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent higher. The overall labour force came to 4.70 million in January, down slightly compared.... Broken down by age group, the lowest unemployment rate is in the 65-74 bracket with 13 percent

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  7. Glimmer of hope for efforts to negotiate over tax-free threshold, but not primary surplus
    Photo by MacroPolis

    EconomyProgramme

    the threshold down from around 8,500 to 5,500 euros, should be made in order to broaden the tax... elections, they will try to bring down the 3.5 percent of GDP primary surplus goal, which is in place

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  8. S&P keeps rating at 'B+' and highlights obstacles to competitiveness

    Economy

    and strong exports, although the slowing down of the eurozone could have an impact. An upgrade... made further progress in reducing their NPE stocks during 2018, bring them down to 81.8 billion euros

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  9. New overdue taxes rise by 489 mln in Mar, total legacy and new debt at 104.5 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    The collectability rate for the month edged down to 58.2 percent from 60.4 percent in February. For the first..., the corporate income tax collectability rate came to 90.1 percent, down from 93.7 percent, 30.1 million out

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  10. Credit contraction falls to 0.1 pct in April, balance at 161.82 bln

    EconomyMacroeconomy

    Credit contraction in the Greek market edged down to 0.1 percent in April from 0.6 percent in March, Bank of Greece (BoG) figures showed on Tuesday. April's credit contraction is the lowest since... a contraction for the last six years, with the loan balance down by around 37 percent on the back of continued

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