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  1. Passing of insolvency law gives opposition campaigning foothold
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    primary residence protection and introducing electronic auctions, while the ruling party MPs... of hypocrisy. SYRIZA MP Mariliza Xenogiannakopoulou denied that any primary residences were

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  2. Greece aiming to complete post-bailout monitoring this summer
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    and primary residence foreclosures. Regarding the issue of protection of primary residences, the Greek

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  3. Government hopes new affordable homes bill can help alleviate housing pressure
    Photo by MacroPolis

    PoliticsGreek Politics

    their principal residence rose from 22.8 pct in 2010 to 30.3 in 2024, a rise mirrored by a growing...-stay rentals, approximately 180,000 residences have been withdrawn from the market since 2011

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  4. Greek trade deficit shrinks by 4.4 pct in October on back of strong exports

    EconomyMacroeconomy

    After a sharp rise by 34.2 percent in September, Greece’s trade deficit narrowed by 4.4 percent in October, according to the Hellenic Statistical Authority (ELSTAT). The absolute figures show that the October trade deficit stood at 1.77 billion after re...

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  5. IMF sees contraction of 0.6 pct this year before strong rebound in 2017
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    Economy

    The International Monetary Fund has provided its latest macro forecasts for Greece in the World Economic Outlook (WEO) published on Tuesday. The fund expects Greece to return to growth in 2017 after contracting further this year. In particular, GDP is s...

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  6. Despite strong rebound on Friday, Greek stocks dive 5.2 pct during week
    Photo via www.helex.com

    Economy

    Despite a rebound of 5.4 percent on Friday, the Greek stock market fell 5.2 percent this week amid the negative sentiment that prevailed in the global markets until Thursday largely fuelled by Brexit concerns. The European Stability Mechanism (ESM) boar...

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  7. Wages index sees strong rebound of 4.6 pct in Q2

    EconomyMacroeconomy

    The seasonally adjusted (SA) Wages Index increased for the third straight quarter at a notably accelerating pace of 4.6 percent in the second quarter (Q2) of 2016 following a rise by 0.7 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures dis...

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  8. Stournaras outlines conditions for strong 2017 growth, calls for debt relief measures soon
    Photo by MacroPolis

    EconomyMacroeconomy

    Speaking at the congress of the Association of Greek Tourism Enterprises (SETE) on Monday, the Bank of Greece (BoG) governor Yannis Stournaras repeated his belief that the domestic economic will start recovering in the second half of this year. Stournar...

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  9. Greek stocks climb 4.3 pct on week, banks’ strong performance continues
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    The Greek stock market rebounded strongly by 4.3 percent this week mainly led by solid gains in banks, also accompanied by an increase in trading activity. The positive market performance was triggered by a drop in the Greek government bond yield to 6.7...

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  10. Budget primary surplus to Nov reaches 7.4 bln on continued strong revenue performance
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s budget primary surplus climbed to 7.45 billion euros in the 11-month period of 2016, up by 71.7 percent from last year’s figure of 4.34 billion, the Finance Ministry (MoF) preliminary budget execution bulletin revealed on Wednesday. The headlin...

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