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Time deposit rate almost flat in Jan, average loan rate falls 12 bps
EconomyMacroeconomyGreek households’ new time deposit rate remained broadly stable for the second straight month in January, when it eased marginally by 1 basis point (bp) to 1.01 percent in January, Bank of Greece (BoG) figures displayed on Wednesday. Since the impositio...
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Eurogroup to approve release of bond profits but bid to repurpose funds falls flat
EconomyProgrammeWednesday’s Eurogroup is expected to result in eurozone finance ministers approving the conclusion of the fourth enhanced surveillance review and the next round of debt relief measures, but will not include a discussion on how Greece can use the bond pr...
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Building permits down by 2.3 pct in Jul as YTD activity growth nearly flat
EconomyMacroeconomyBuilding permits growth in July returned to negative territory, dropping by 2.3 percent year-on-year (YoY), after a 3 percent increase in June), according to the latest data released by the Hellenic Statistical Agency (ELSAT) on Thursday. The total numb...
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Government moves to shake off Tempe affair after opposition bids at prosecution fall flat
PoliticsGreek PoliticsNew Democracy succeeded in limiting the scope of judicial proceedings against politicians in relation to the deadly Tempe rail crash after rival motions by opposition parties to widen the net of prosecutions were voted down. The conservatives hope that ...
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Athens ponders Syria shake-up with particular focus on Turkey
PoliticsForeign Policychief Kaja Kallas participated on Saturday at a meeting of Arab Foreign Ministers in Jordan. “We want
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Athens concerned but silent as Trump administration criticises Europe, lines up Ukraine talks
PoliticsForeign PolicyAffairs Kaja Kallas. The meeting took stock of the latest contacts with US and Ukraine officials
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Greece gets close-up view of rapidly changing US foreign policy position
PoliticsForeign Policytalks with the EU’s High Representative Kaja Kallas, provoking further frustration to Brussels
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Greece aligns with EU on Israel-Iran conflict, keeps close watch on Turkey as Ankara submits maritime plans
PoliticsForeign Policythis Tuesday in an extraordinary meeting of his EU counterparts called by EU top diplomat Kaja
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Athens seeks talks with Erdogan as Turkey steps up diplomatic activity in region
PoliticsForeign Policyobjections to the 2019 Turkey-Libya memorandum. The EU’s chief diplomat Kaja Kallas said the memorandum
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Greek stocks rebound 1.9 pct during week
Economyincluded Lamda Development (+8.7 percent), GEK Terna (+6.8 percent) and Athens Water – EYDAP (+6.5... to 50.4 million and EBITDA by 4.1 percent to 30.5 million. GEK Terna Q1 net profit came in at 24
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