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  1. Travel balance rises by 3.4 pct in Jan as expenditure out of sync with arrivals growth
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel receipts rose by 3.4 percent year-on-year in January, reversing a fall of 76.3 percent in December, Bank of Greece (BoG) data revealed on Monday. Receipts came to 153.1 million euros for the month, down by 3 percent, while payments also fell by 3.6 percent to 139.3 million

    2%
  2. Eurosystem funding drops by 2.80 bln in February, led by ELA reduction

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell by around 2.80 billion euros in February, Bank of Greece's (BoG) monthly financial statement revealed on Tuesday. This decline took central bank funding to 26.30 billion euros for the month, down from the total of 29.09 billion noted in January. Since the start

    2%
  3. Credit contraction at 1 pct in February on lower household, and corporate lending
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    balance down by more than a quarter on the back of continued deleveraging. Net deductions since 2011

    2%
  4. February deposit balance positive by 59 mln, reversing previous month's outflow

    EconomyMacroeconomy

    funding to 26.30 billion euros for the month, down from the total of 29.09 billion noted in January.

    2%
  5. Doubts about whether package deal with lenders is feasible by June
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    the potential delay down to the fact that the Greek government is behind schedule in completing

    2%
  6. Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
    Image via www.piraeusbankgroup.com

    EconomyBanking

    , EFSF/ESM bonds were down to zero by the end of January 2018. Gross loans further contracted by 1

    2%
  7. Banks meet NPE targets in Q4, reduction at highest rate since start of crisis
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of corporate loans. Corporate NPEs came to 55.2 billion euros in Q4, down by 1.3 billion against the target

    2%
  8. Greece registers 42,425 asylum seekers at rising rate in two years of EU-Turkey deal
    Photo by Panagiotis Tzamaros

    Society

    decisions went up notably in 2017 compared to 2016. This was put down to the necessary infrastructure..., leaving thousands of refugees, who were en-route to join family members elsewhere in Europe, trapped

    2%
  9. Working-class homes or millionaires' mansions - what's going under the hammer in property auctions?
    By Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    300,000 euros. However, by looking more closely at the listings that number can be narrowed down

    2%
  10. Greece seeks better relations with Albania as wariness of Turkey grows
    Photo via @ditmirbushati

    PoliticsForeign Policy

    has tried to tone down the rhetoric used in an official announcement from his office on Sunday, which

    2%