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  1. Travel balance down by 29 pct in April as receipts slump
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance fell by 29 percent year-on-year (YoY) in April, dropping into negative territory after March’s growth of 48.30 percent, Bank of Greece (BoG) data revealed on Thursday. Receipts came to 489.9 million euros for the month, edging up by 1 percent to 489.9 million. Travel

    7%
  2. Credit contraction unchanged at 1.9 pct in May, balance at 179.34 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    a negative figure of 1 billion euros in the previous month, while the household lending sector’s

    7%
  3. No bounce for Tsipras in poll as cracks appear in centre-left
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    percent on the remaining five Aegean islands, which was due to be abolished on July 1, to remain

    7%
  4. Piraeus enters agreement for sale of 2.2 bln loan portfolio
    Image via www.piraeusbankgroup.com

    EconomyBanking

    . The consideration of the transaction equals 5 percent of the 1 billion outstanding principal amount

    7%
  5. Improving trends in property market highlighted by central bank
    Photo by MacroPolis

    EconomyBanking

    in 2017. For all of 2017, the price fall came to 1 percent, compared to 2.4 percent in 2016

    7%
  6. General govt primary cash surplus at 1.65 bln in May on slower expenditure decline
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    at 2.85 billion, representing less than 1 percent of the total. Guarantees The stock of gg guarantees

    7%
  7. Draghi sets out QE obstacles facing Greece
    Photo by MacroPolis

    EconomyProgramme

    as collateral, they will be forced to borrow via the more expensive (by around 1 percentage point

    7%
  8. Higher education in Greece needs radical overhaul to create labour-relevant workforce, study says
    Photo by Natasha Pantazopoulou/Fosphotos

    Society

    of higher education came to 1.1 million compared to 1 million for Greek males. Despite this, women

    7%
  9. Budget primary surplus at 617 mln in June as expenditure continues to fall below target
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million. The MoF is targeting privatisation revenues over slightly over 1 billion euros for the whole

    7%
  10. Greeks seen working longer, until July 18, to meet annual tax bill

    Society

    very slightly by 0.2 percent in 2017. Workers taxes on average were 1 percent higher than 2010

    7%