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  1. Moody’s changes outlook for Greek banks from negative to stable

    EconomyBanking

    down during 2016 and Moody’s estimates the non-performing exposure (NPE) ratio to drop to 40 percent

    4%
  2. Unemployment rate falls to 23.1 pct in September, lowest since March 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    by 52,700 to 3.75 million coupled with a marked drop in the jobless by 61,000 to 1.06 million

    4%
  3. Trade deficit drops at an accelerating pace of 16.1 pct in October
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    Greece’s trade deficit fell for the second straight month by 16.1 percent in October, after a drop of 12.1 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The downswing reflects a rise in exports by 4.8 percent coupled with a decline in imports by 5.3 percent

    4%
  4. CPI falls at faster pace of 0.9 pct in November
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    . In 2015, CPI fell by 1.7 percent, which was the biggest annual drop since 2013, while this year’s twelve

    4%
  5. Time deposit rate falls to record low of 0.71 pct, loan rate drops to 4.83 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the rate in loans to sole proprietors slipped by 3 bps to 7.36 percent. Overall, the drop in corporate

    4%
  6. December retail sales seen down 2.5 pct amid tax onrush
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    2009 figure of 6.43 billion, largely attributed to a sharp drop in household disposable income

    4%
  7. Positive deposit flow of 2.8 bln in Dec leads 2016 inflows to 4.2 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Assistance (ELA) funding by 1.37 billion, while ECB funding posted a smaller drop by 500 million

    4%
  8. Unemployment rate stable at 23 pct in November
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    month. The upward movement is attributed to a drop in the number of employed by 64.700 coupled

    4%
  9. Lack of clarity across the board highlights review impasse
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    and will remain so for a long time,” he wrote. “Its gross financing needs will drop in the coming years

    4%
  10. Lenders' proposal not yet enough to convince Athens, banish snap poll option
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    for the total in new measures to drop to between 2.5 to 2.7 billion euros. The Greek government

    4%