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Eurobank sells insurance arm to Fairfax for 316 mln
EconomyBankingstake sale stands at 316 million euros and is estimated to improve Eurobank’s Common Equity Tier 1
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Gov't mounts defence of pension plan but lenders' approval may take time
PoliticsGreek Politicspensions would increase by 1 percentage point (from 3 to 4 percent). Government spokeswoman Olga
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Industrial production rises by 1.8 pct in November
EconomyMacroeconomypercent) and water supply (+1 percent). In contrast, mining and quarrying production fell by 1.3
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After dire 2015, Greek stocks get off to rocky start in 2016
Economypercent), Athens Water – EYDAP (+1 percent) and Motor Oil (+0.5 percent). In contrast, double-digit
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Challenges mount for Tsipras as pension reform leads into make or break period
PoliticsGreek Politicssecurity contributions for employees and employers (from 1.5 percentage points to 1 point, according
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Drop in disposable income accelerates to 3.3 percent in Q3
EconomyMacroeconomyby more than 1 billion from last year. The recorded decrease largely reflects a rise in the payments
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Building activity rebounds 7.2 pct in November
EconomyMacroeconomyby 5 percent in 2016 and 1 percent in 2017. Meanwhile, housing loan balances have contracted by 16
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Apartment prices down by 5.4 pct in Q4 and 5.1 pct over whole of 2015
EconomyMacroeconomyforecasts calling for a further fall in housing prices by 5 percent in 2016 and 1 percent in 2017
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Multiple crises fence in Greece
Agorato be insisting on cuts to pensions as the main path for Greece saving 1.8 billion euros (equivalent to 1 percent
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Current account deficit falls to 780 mln in Dec and 7.5 mln in 2015
EconomyMacroeconomyliabilities rose by 1 billion largely due to non-residents’ investment in Greek shares, mainly the recent
6%