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  1. Trade deficit expands by record 88.9 pct in July

    EconomyMacroeconomy

    , while those to the EU eased 1 percent. Moreover, imports from EU countries rose by 3.4 percent, while

    6%
  2. CPI drops by 0.9 pct in August

    EconomyMacroeconomy

    Τhe Greek Consumer Price Index (CPI) fell at a slightly slower pace of 0.9 percent in August, after dropping by 1 percent in July, Hellenic Statistical Authority (ELSTAT) data displayed on Friday. In contrast, the harmonised index of consumer prices (HICP) edged up for the third straight month

    6%
  3. Credit contracts by 1.7 pct in August, loans balance at its lowest since 2007
    Photo by MacroPolis

    EconomyMacroeconomy

    , corporate loan balance declined by more than 1 billion month on month (MoM) to 93.82 billion on extended

    6%
  4. IMF's role in Greek bailout remains in doubt
    Photo by World Bank via Flickr https://flic.kr/p/bPr6Y6

    EconomyProgramme

    and personal income tax reforms. Thomsen reiterated that the pension reform yields just 1 percent

    6%
  5. Bad news for Greek Shipowners? Tonnage tax under European Commission scrutiny

    Legal

    constitute State aid within the meaning of Article 107(1) TFEU. The Commission also drew attention

    6%
  6. ELSTAT revises nominal 2015 GDP contraction to 1.3 pct

    EconomyMacroeconomy

    March. This reflects a higher decrease in both households’ consumption by 1.8 percent (from 1 percent

    6%
  7. World Bank sets out savings Greece can make from streamlining welfare benefits
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    credit to 1,600 euros (from 1,900 euros currently) with estimated savings of 1 billion euros (0.6

    6%
  8. Deadlock at NBG over chairman appointment
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    and constant review by the SSM. Piraeus Meanwhile, Piraeus Bank announced on November 1 that George

    6%
  9. Trade deficit falls 12.1 pct in Sept following export growth for first time since Apr 2015
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    percent) compared to exports (+1 percent) driving the corresponding trade deficit up 21.7 percent.

    6%
  10. Athens digests Trump victory, sees economic complications
    Photo by Andrea Bonetti/Fosphotos

    PoliticsForeign Policy

    the recover off track. During his campaign Trump made pledges of 1 trillion dollars in public

    6%