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  1. Card transactions in Greece experience boost due to capital controls

    EconomyBanking

    . In 2014, the last year before capital controls were enforced, total card transactions in Greece came... million. Out of the total, the biggest growth was seen in debit card usage, where transactions went.... In terms of transaction value, a total of 6.1 billion euros worth of card transactions were carried out

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  2. Newsletter 175 -21/09/2018

    Newsletters

    , but the decision will likely stay on hold under November. pay, boosting consumption. “In our view..., or the equivalent of roughly 21 to 38 percent of the current total. In an interview with Kathimerini... be reducing NPLs in the banking sector. Out of total mortgage loans of 63.5 billion, 44.3 percent or 28.13

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  3. Newsletter 198 -15/03/2019

    Newsletters

    that Greek authorities are set to agree that the total value of the property owned by the applicant must... to request approval from the European Stability Mechanism for the right to pay off at least some.... The latest monthly headline figure interrupts eight consecutive months of positive growth. The total

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  4. Dispute over pensions backlog as future burden from retirees highlighted
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    for the retirement pay, the Labour Ministry said that the backlog of outstanding pensions came to 94,000. Out of the total, 75,000 were already overdue by three months as at the end of February... of the total, 91,541 are pending since the Katrougalos law was passed. As Kathimerini highlights

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  5. Newsletter 223 -11/10/2019

    Newsletters

    not even equal 30 percent of the person’s total income. Despite these criticisms and the doubts... to public coffers. The total amount to be settled via the scheme stands at 11.6 billion euros. Of those who... to any reductions in retirement pay. He added that the government would spend an extra 10 million

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  6. Greece's C/A deficit for March drops sharply to 44.4 mln

    EconomyMacroeconomy

    the YtD amount to 310 million. The February outflow stemmed from a rise in resident’s investment

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  7. Challenging three days of diplomatic talks, protests and budget voting ahead for Greece

    PoliticsForeign Policy

    learning for prisoners. This, however, has not been enough to stop Romanos from refusing to eat

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  8. New Democracy broadens attack on SYRIZA to include migration, national issues

    PoliticsForeign Policy

    After spending the first few days of this briefest of elections campaigns focussing on SYRIZA’s possible threat to Greece’s position in the euro, New Democracy now appears to be broadening the agenda of issues it is using to try to eat away at the leftists party’s lead. This change in approach

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  9. Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
    Photo by MacroPolis

    EconomyBanking

    bps to more than 310 bps in 2020. It also sees the cost to income ratio falling below 45 percent

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  10. Greeks tending to shop less often and opt for local products

    Society

    , down from almost 310 euros per month in the previous survey conducted based on 2015 data. Around 60

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