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Building permits down 11.4 pct in August for second successive drop
EconomyMacroeconomyto a further drop in house prices by 7.5 percent in 2015, 5 percent in 2016 and 1 percent in 2017
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Marked improvement for budget execution in Oct, primary surplus outperformance extended
EconomyMacroeconomyis up by almost 1 billion euros, also including the quarterly VAT payment. Total ENFIA revenues
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Greek stocks edge up in week of big losses for banks
EconomyThe domestic market rebounded by 1 percent this week but the key development was the huge losses posted by the banking sector. Despite the announcement of the successful completion of the bookbuilding process for the international institutional offering for three of the four lenders, bank shares
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New Democracy bewildered by ballot failure as Tsipras solicits consensus
PoliticsGreek PoliticsNew Democracy’s electoral committee is due to meet at 1 p.m. on Monday to decide what action to take next after the party failed to hold its leadership election on Sunday due to software problems. The two options that seem to be open to the conservatives are to quickly find a new way to hold
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Travel receipts fall by 5.4 pct in Sept for first drop in 2015
EconomyMacroeconomyby 1 billion from last year’s figure.
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Apartment prices fall at an accelerating pace of 6.1 pct in Q3
EconomyMacroeconomypercent and 1 percent in 2017. These forecasts were based on the institutions’ summer projections
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Banks reveal new capital structures, ex-bondholders sell shareholdings
Economypercent closing at 0.99 euros slightly below the offer price of 1 euro.
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Greece faces tight deadline for second set of milestones, first review looms
EconomyProgrammeThe Greek government has until December 11 to complete the implementation of the second set of milestones so it can receive the next sub-tranche of 1 billion euros, an EU official told Kathimerini on Thursday. The most difficult issues included in this list relate to the settlement of non
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Privatisation of power transmission firm ADMIE a key challenge among prior actions
EconomyProgrammeThe privatisation of the electricity transmission company (ADMIE) is one of the thirteen prior actions Greece has to implement by December 11 to unlock the next sub-tranche of 1 billion. According to the third memorandum of understanding (MoU) signed with eurozone partners in mid-August, the Greek
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Greece and lenders seen inching towards deal on ADMIE
EconomyProgrammeThe Greek government and the institutions have reportedly reached an initial agreement on the privatisation of the electricity transmission company (ADMIE), which is one of the 13 milestones Greece has to implement to receive the next sub-tranche of 1 billion. According to government sources cited
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