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Coalition seeks to quash concerns about complications with Hellenikon development
PoliticsGreek Politicsor archaeological discoveries that may hold up the redevelopment plan. However, the site being declared an area
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NBG raises 300 mln from SME loan securitisation in first such Greek transaction since 2007
EconomyBankingEurosystem funding stood at 20.8 billion euros in mid-May, of which 11.2 billion relate to ELA
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Justice can't be blind to facts in 2009 deficit case
Agorabillion euros or 3.4 percent of GDP. It had to revise these figures two months later and by May
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Tsipras tries to push snap election talk off political agenda
PoliticsGreek Politicsstability may bring. The next review will test the coalition but is unlikely to be dramatic, especially
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Industrial turnover falls by 9.4 pct in June
EconomyMacroeconomyGreece’s industrial turnover continued its steady decline during 2016, falling by 9.4 percent year on year in June from a revised 13.6 percent drop in May, according to data released by ELSTAT on Friday. Turnover in industry has been in negative territory since November 2014. As a result, over
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Current account surplus almost doubles to 1 bln in June
EconomyMacroeconomy. Reserve assets edged up to 6.85 billion at the end of June from 6.68 billion at the end of May
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Apart from bailout review, plenty to keep Tsipras busy in autumn
PoliticsGreek Politicspossible friction between his loyalists and the 53 but the congress may trigger a more overt rivalry
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Government distances itself from ELSTAT case as European Commission wades in
PoliticsGreek Politicsfor light to be shed on the claims, has raised concern that Georgiou may be made a scapegoat
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Deposit flow turns negative, outflows of 153 mln in July
EconomyMacroeconomybe pointed out that the increased tax obligations in the next few months may erode the deposit base, while
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Retail sales drop for thirteenth straight month by 5.2 pct in June
EconomyMacroeconomyThe turnover of Greece’s retail trade index continued heading south unabated, albeit at a slower pace of 5.2 percent in June from a revised drop of 7.9 percent in May, Hellenic Statistical Agency (ELSTAT) figures showed on Wednesday. In June 2015, retail sales had edged down by 1.7 percent, while
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