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Growth conditions improving but more work needed over longer term, PBO suggests
EconomyMacroeconomyCompetitiveness Ranking index as of May 2018 Greece stood at number 57 out of 63 countries, while
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Fitch upgrades Greek rating to 'BB-', three notches from investment grade
Economy. At the same time, the confidence in the system is improving and the stress tests in May did not reveal
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Industrial turnover up by 17.4 pct in June for highest rise in year so far
EconomyMacroeconomyGreece’s industrial turnover reported an increase of 17.4 percent in June, strengthening from an upward revised rise of 11.9 percent in May, Hellenic Statistical Authority (ELSTAT) data published on Monday showed. The latest figure means that the index has remained positive for six straight months
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Tsipras bids farewell to MoU, eyes new start for Greece and SYRIZA
PoliticsGreek Politicsknow that the conclusion of the third bailout and the ability to announce measures that may
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Travel balance increases by 16 pct in June and 19.5 pct in first half of year
EconomyMacroeconomyGreece’s travel balance rose by 16 percent in June, slowing from an increase of 38.2 percent in May, Bank of Greece (BoG) data revealed on Tuesday. Receipts came to 2.33 billion euros for the month, an increase of 16 percent. Travel payments rose by 16.5 percent, but the absolute figure was much
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Focus turns to first post-MoU visit by creditors and talks on pension cuts
EconomyProgrammeplans to make. Athens is eyeing a package of between 700 and 750 million euros, which may be announced
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Athens eyes cancellation of pension cuts as Tsipras prepares Thessaloniki package
EconomyProgrammeahead of the next general elections, which are expected in May 2019. Ideally, the prime minister would
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Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
EconomyBankingto reduce the balance of bad loans on its books. In May and July, the bank announced the signing
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Coalition tweaks labour market, lines up more post-MoU changes
PoliticsGreek Politicspicture may only start to emerge once Tsipras and New Democracy leader Kyriakos Mitsotakis have set
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Tsipras and Mitsotakis gear up for economy pledges, with eyes on fiscal targets
PoliticsGreek Politicsnext May. Setting out the measures over a four-year period not only means that the volume
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