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  1. CPI grows by 0.7 pct in October, positive for 10 successive months
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    in September. The main driving force behind the year-on-year growth is an increase in prices... this year, while the IMF and OECD are projecting slightly higher growth of 1.3 and 1.4 percent, respectively

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  2. Coca Cola-HBC revenues rise by 5 pct in Q3
    Image via www.coca-colahellenic.com

    EconomyCorporates

    Coca-Cola-HBC’s results for the third quarter (Q3) of 2017 showed that revenue grew by 5 percent year-on-year. Revenues for the three-month period stood at 1.82 billion euros versus 1.74 billion... in delivering on our expectations for the full year.”

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  3. Fall in apartment prices continues with slower decline of 0.6 pct in Q3
    Photo by Yiannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    The drop in the nominal value of apartments in Greece eased to 0.6 percent year-on-year (YoY) in the third quarter (Q3) of 2017, following a drop of 1.2 percent in Q2 2017, Bank of Greece (BoG) data... trends this year, although activity declined by 5.2 percent in August, representing a second consecutive

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  4. Mitsotakis rules out roles for relatives, Tsipras mulls way out of pension cuts
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to wait until the end of his government’s four-year term to hold elections, given... of Tsipras calling snap polls in the second half of next year seems quite high. However, Kathimerini... if the IMF is not on board and it is clear next year that the 3.5 percent primary surplus is well within

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  5. Banks meet NPE reduction targets in Q3, adjust targets for next two years
    Bank of Greece

    EconomyMacroeconomy

    that the quarterly default rate fell for the first time this year and came to 2 percent, still exceeding the cure... in the first nine months of the year and originated mostly from business portfolios. Mortgage portfolios... billion, new targets have been put in place effective as of Q2 this year. In light of these changes

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  6. New overdue tax obligations up by 1.18 bln in October, total at 99.75 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    stands at 10.44 billion euros, a decline of 9.9 percent against the figure for the same time last year (13.91 billion euros). Just over 80 percent of this year’s total (8.48 billion) originates from tax... this year, and is higher than the monthly average of 206 million in 2016. The collection of new tax

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  7. Clock ticks on prior actions as coalition searches for solution on islands
    Photo by Angelos Christofilopoulos/Fosphotos

    PoliticsGreek Politics

    four days before a brief break for Christmas and New Year. Sessions are due to resume on January 3... to convince the institutions to hold off on this measure for another year rather than to scrap the discount... by the end of the year, rather than some 7,500, which was the case until last week.

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  8. Wages index improves 0.9 pct in Q3, declines 0.7 percent YoY
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The seasonally adjusted (SA) Wages Index recorded its first negative reading after seven months when it fell by 0.7 percent year-on-year (YoY) in the third quarter (Q3) of 2017, after edging up... was that the index landed at 90.3 in Q3, the highest for the year. From a recent high of 91 in Q3 2016

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  9. Coalition in last-minute legislative rush, extends helping hand to MPs
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of these amendments relate to matters that have to be resolved before the end of the year. The most... an attempt to end the year on a high in public relations terms and perhaps distract from some of the more onerous elements in next year’s budget. There are no serious concerns at this moment about any

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  10. Thessaloniki Port Authority contract signed, Hellenikon takes another step
    Photo by Giannis Papanikos/Fosphotos

    EconomyProgramme

    the winning tender earlier this year. The consortium consisted of private equity firm Deutsche Invest... was raised by the consortium in November of this year. Following the decree, the next steps for the project... specified around 1.66 billion via privatisations this year. According to the latest preliminary budget

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