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  1. Piraeus Bank posts net loss of 1.56 bln in Q3
    Photo by MacroPolis

    EconomyBanking

    bond non-eligibility. The Basel III Common Equity Tier 1 (CET1) ratio fell to 13.4 percent in Q3

    2%
  2. Greek retail index down 0.9 pct in Sept. although volume increases
    Photo by MacroPolis

    EconomyMacroeconomy

    for the second successive month by 1 point to -49.9 in November, falling below the 50-point mark

    2%
  3. Credit down by 3.2 pct in Oct for lowest contraction since Dec 2011

    EconomyMacroeconomy

    of decline decelerated by almost 1 percentage point to 3.8 percent, which is the lowest reading since

    2%
  4. The measures Greece is proposing to secure troika's return

    EconomyProgramme

    measures include: 1) Increase in the VAT rate for hotels to 13 percent from 6.5 percent

    2%
  5. Two more parties prepare to step onto overcrowded Greek political stage
    Photo by MacroPolis

    PoliticsGreek Politics

    their opposition. Either way, with DIMAR crumbling to as low as 1 percent in opinion polls, Lykoudis

    2%
  6. Accommodation and food services index up 7.6 pct in Q3
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    the negative impact on employment since for each 1 million fewer tourists, more than 30,000 jobs

    2%
  7. Greek MPs pass 2015 budget but give few clues for presidential vote
    Photo by MacroPolis

    PoliticsGreek Politics

    The government won the vote for the 2015 budget in the early hours of Monday but the result provided few clues about how the presidential ballot, due in mid-February, could pan out. A total of 155 MPs voted in favour of the budget, 134 against and 1 voted present. One government MP (PASOK

    2%
  8. Samaras, Venizelos opt for earlier presidential vote in high-risk strategy to save coalition
    By MacroPolis

    PoliticsGreek Politics

    be on February 1. Given that the bailout extension runs out at the end of the month, this would give any... nominee. It is highly unlikely that there will be an en masse move of these MPs to the government’s

    2%
  9. Greek tax revenues at 33.5 pct of GDP in 2013, slightly below OECD average
    Photo by MacroPolis

    EconomyMacroeconomy

    percent. After reaching a low of 1 percent in 2010, the property tax to GDP ratio hiked to 1.8

    2%
  10. Moody's sees 1.2 pct growth in Greece next year but highlights political risk

    Economy

    by two notches to Caa1 from Caa3 on August 1. However, Moody’s rating stands two notches lower than

    2%