Search
-
Trade deficit increases 4.8 pct in Dec and 4.5 pct in 2016 on rising imports
EconomyMacroeconomyis largely attributed to a rise in imports by 3.7 percent, while exports also grew by 3 percent... by 4.2 percent, while those from non-EU countries declined by 3 percent. In addition, exports to EU
6% -
Athens grapples with awkward reduction of tax-free threshold
EconomyProgrammeor two children respectively. It remained unchanged for families with more than 3 children..., more than 3 million of wage-earners and pensioners declared annual income below the current tax
6% -
Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
EconomyMacroeconomydue to a sharp drop in services by 7.4 percent that more than offset a rise in goods by 3 percent... after a short-lived decrease of 2.8 percent in Q3. They also rose by 3 percent YoY decelerating from
6% -
All-round concern about Greek-Turkish tension in run-up to referendum
PoliticsForeign Policyto the European Convention on Human Rights, whose Article 3 clearly says that "No one shall be subjected... will not be subjected to actions that are against Article 3 of the ECHR. Nevertheless, government sources
6% -
Eurobank posts net profits of 38 mln in Q4 and 230 mln in 2016
EconomyBanking. Eurosystem funding fell by around 3 billion QoQ to 13.9 billion at the end of Q4, but increased... billion in Q4 from 3 billion in the previous quarter. Gross loans edged up by 54 million QoQ to 50.7
6% -
Piraeus Bank posts minor losses in Q4, almost breaking even for 2016
EconomyBankingin Q4 largely due to a rise in operating expenses, while the full-year figure also dropped by 3... to 1.32 billion, while excluding one-off expenses costs were down 3 percent on a recurring basis
6% -
ESM takes stock of Greece's sovereign vulnerability
EconomyProgramme2 and 2.5 to elevated, between 2.5 and 3 to moderate and a score above 3 means low vulnerability
6% -
Deposit interest rates broadly stable in March, average loan rate down slightly
EconomyMacroeconomymillion euros it edged up 3 bps to 4.82 percent. Following the movement in March, the corporate loan... bps to 2.76 percent, while the rate for loans to sole proprietors slipped 3 bps to 7.25 percent
6% -
EC lowers growth forecasts, sees fiscal targets within reach
EconomyMacroeconomycompared to the imports’ growth (3 percent). For 2018, the EC also lowered its GDP growth forecast... respectively, taking into consideration the fiscal package worth 3 percent of GDP voted in May 2016
6% -
The SEKAP case and extrajudicial debt restructuring
LegalThe law (N. 4469/2017) recently adopted by Greek Parliament, which was published on May 3 and introduces the opportunity of extrajudicial debt restructuring for natural and legal persons under... remembering that according to article 108 par. 3 of the Treaty for the Functioning of the European
6%