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For Greek banks, it's business as unusual
Agorato turn into NPLs. This does not augur well in terms of client repayment capacity in the coming
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Centre-left parties jockey for leading role in post-election landscape
PoliticsGreek Politicsnot augur well for Androulakis and his vision, however PASOK sources argue that the large portion
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Sales of HELPE, DESFA and shipyard progress while protests hamper ROSCO, PPC
EconomyProgrammeround of bidding. On Wednesday, the HRADF announced that Switzerland's Glencore and Dutch company Vitol
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Athens hopeful release of 970 mln will be approved at Friday's Eurogroup
EconomyProgrammeand CIEP Participations, a unit of US-based Carlyle Group, and Vitol Holding with Algeria-based
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EC report analyses state of play with privatisations as HELPE hits obstacle
EconomyFeatureswith CIEP Participations. Vitol, the world’s largest oil trader, had in turn formed a partnership
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Greece saw first annual deflation in almost half a century in 2013
EconomyMacroeconomyThe drop in Greece’s Consumer Price Index (CPI) decelerated to 1.7 percent in December after peaking with a 2.9 percent decline in November, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, the CPI rose 0.9 percent for the f...
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April saw first rise in Greek banks' Eurosystem funding this year
EconomyMacroeconomyGreek banks’ Eurosystem funding increased by 1.27 billion in April, showing a monthly rise for the first time since December 2013, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure stood at 61.96 billion at the end...
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Most Greeks saw income fall over last year, limiting purchasing power
SocietyThe results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco...
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Increase in number of services that saw their turnover decrease in Q2
EconomyMacroeconomyThe evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred to, posting a negative growth, according to the Helleni...
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Almost all services in Greece saw decline in Q3
EconomyMacroeconomyThe evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according to the Hellenic Statistical Authority (ELSTAT). In the preced...
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