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Piraeus enters agreement for sale of 2.2 bln loan portfolio
EconomyBankingportfolio by the bank in recent months. At the end of May, Piraeus Bank sold Greece’s first real-estate
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Greek debt management agency sees Eurogroup debt deal favourably
EconomyProgrammein the Eurogroup of May 26, 2016 and consisted of three types of relief measures that aimed
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SYRIZA targets pensions boost as New Democracy builds on poll lead
PoliticsGreek PoliticsMoscovici that the reduction to pension spending due next year may be altered or cancelled has prompted
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Car sales up by 28.4 pct in June and 28.8 pct in first six months of the year
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time rose by 28.4 percent in June Hellenic Statistical Authority (ELSTAT) data showed on Tuesday, picking up pace from the increase of 18.7 percent in May. Car sales for the month came to 20,469. The absolute figure for June last year stood
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Pension cuts dominate discussion as eurozone prepares to release final bailout tranche
EconomyProgrammeto the fiscal measures in the future, especially as this may depend on the course of Greece’s public
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Diplomatic expulsions come amid worsening Greece-Russia relations
PoliticsForeign Policythe Russian diplomats may seem like a dramatic move, especially given that Greece and Russia have
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Building permits up by 1 pct in April and 5.2 pct in first four months of the year
EconomyMacroeconomy, reversing the strong improvement of 15.7 points noted in May, and stood at -47.8. The improvement since
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Mitsotakis warns party to be ready for elections as political contest intensifies
PoliticsGreek PoliticsNew Democracy leader Kyriakos Mitsotakis is attempting to ensure that his party will be prepared for the next elections amid concerns that Prime Minister Alexis Tsipras may call a snap vote with the aim of catching the conservatives off guard. Speaking to New Democracy’s political committee
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IMF voices concerns over long-term debt, sees more relief being needed
EconomyProgrammesurplus targets and may not be enough to mitigate the long-term risks which in turn will not allow
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PMI at 53.5 pts in July as optimism holds, export orders slow down
EconomyMacroeconomyinto greater numbers of new hirings in July, continuing a trend that has been observed since May 2017
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