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Industrial production back on downward trajectory with 1.9 pct drop in Oct
EconomyMacroeconomy) and intermediate goods (-1 percent). Consumer non-durables was the only grouping displaying a marginal rise
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Greece and lenders seen inching towards deal on ADMIE
EconomyProgrammeThe Greek government and the institutions have reportedly reached an initial agreement on the privatisation of the electricity transmission company (ADMIE), which is one of the 13 milestones Greece has to implement to receive the next sub-tranche of 1 billion. According to government sources cited
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Building activity down by 3.5 pct in Sept for third straight fall
EconomyMacroeconomypercent in 2015, 5 percent and 1 percent in 2017 under the baseline stress test scenario. Housing
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Gov't hopes deal with lenders on prior actions will prove politically palatable
PoliticsGreek PoliticsGreece and its lenders have reached an agreement on the details of the 13 prior actions the government will have to pass to trigger the release of another 1 billion euros in bailout funds. There was a compromise between the coalition and the institutions on the most politically sensitive issues
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Marked rise in expenditure leads to a budget primary deficit in Nov
Economyfar this year, and stands almost 1 billion above the monthly target. As a result, the year to date
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Unemployment rate fell further to 24 pct in Q3 on seasonally increased employment
EconomyMacroeconomyof ‘long-term’ (more than 1 year) unemployed remained well below the 900,000-mark for the second quarter
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Primary cash surplus notably widens by 1.9 bln to 4.48 bln by November
EconomyMacroeconomymillion from deficit of 1 billion last year.
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Last round of Greek banks' recapitalisation drastically shifts shareholder structures
Economycurrent price stands slightly above (+1 percent) offer price, while Piraeus’ stock is marginally
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Meimarakis and Mitsotakis make it into run-off vote for New Democracy leadership
PoliticsGreek Politicsthe cash-strapped party gather more than 1 million euros in funds. However, the failure to publish
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Piraeus port privatisation moves a step closer
EconomyBanking. The agreement, which has been effective from October 1, 2009, involved the management of OLP’s Piers II
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