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  1. Greek banks stepped up write-offs in 2016, provisions increased at slowest pace since 2008
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    Greek banks stepped up the number of write-offs in 2016 compared to the previous years, the Bank of Greece (BoG) revealed. Specifically, write-offs in the Greek market reached a record high of 2.54 billion euros in 2016, up by more than 1 billion from the 2015 figure of 1.46 billion. The previous

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

    EconomyMacroeconomy

    inflation of 1.3 and 1 percent is expected for 2017 and 2018 respectively. The key downside risks

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  3. Greece near bottom of OECD rankings for spending on R&D
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    was equal to just 1 percent of GDP in 2015. Greece came before Poland and Turkey (33rd and 34th place

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  4. Newsletter 107 - 17/02/2017

    Newsletters

    write-offs in the course of 2016, reaching a record high of 2.54 billion, up by more than 1 billion

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  5. Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    at 6.54 billion in December from 6.53 billion in November, while rose by around 1 billion from

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  6. Effort begins to secure SYRIZA support for deal with institutions
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    apply from January 1, 2019. He, intentionally perhaps, avoided mentioning that the implementation

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  7. Greece forced to revisit prickly subject of pension spending to conclude review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    involves applying the new rules to existing pensions, which could deliver savings of 1 percent of GDP

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  8. Creating a competitive natural gas market: Legal aspects and investment opportunities
    Photo via Flickr https://flic.kr/p/faksxt

    Legal

    , it amended paragraph 1 of article 82 of Law no. 4001/2011 in order to provide all eligible customers

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  9. Retail sales down by 1.3 pct in Dec for first drop since Aug
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    also decreased by 1 percent in December after an upward revised rise by 4 percent in the previous

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  10. Greece searches for balanced deal as talks get underway in Athens
    Photo by George Vitsaras/Fosphotos

    PoliticsGreek Politics

    spending to be reduced by 1 percent of GDP and that the Greek side would like to limit the cuts to 0.75

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