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Retail sales down by 1.3 pct in Dec for first drop since Aug
EconomyMacroeconomyalso decreased by 1 percent in December after an upward revised rise by 4 percent in the previous
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Greece searches for balanced deal as talks get underway in Athens
PoliticsGreek Politicsspending to be reduced by 1 percent of GDP and that the Greek side would like to limit the cuts to 0.75
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Athens prepared to legislate measures before global deal with lenders
PoliticsGreek Politicsfull-time position to contract workers and would maintain the ratio of 1 hiring to every 5
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Piraeus Bank appoints new CEO, ending a long period of uncertainty
EconomyBankingchairman on November 1, 2016. Following the appointment of the CEO, Handjinicolaou noted
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Unemployment rate stable for third month at 23.1 pct in Dec
EconomyMacroeconomy, the unemployment rate has decreased 1 percentage point (pp) attributed to a modest rise in the number
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Tsipras invokes political solution to resolve labour reform stand-off
PoliticsGreek Politicsto pre-legislate a reduction of the tax-free threshold worth 1 percent of GDP and the same, or nearly
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Stocks dip by 0.2 pct, lack of trading activity continues
Economy. The bank expects the transaction will slightly enhance its third-quarter pro-forma Common Equity Tier 1
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Wages index edges up 0.2 pct in Q4, drops 2.5 pct from previous quarter
EconomyMacroeconomyThe seasonally adjusted (SA) Wages Index increased for the fifth straight quarter in Q4 2016, albeit only by 0.2 percent year on year (YoY) after rising by 1 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Monday. The wages index captures the employees’ gross earnings
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As Athens awaits news from Brussels, New Democracy mends fences
PoliticsGreek Politicsconvergence on the pension issue, with a possible agreement for the 1 percent of GDP reduction in spending
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Travel receipts drop 2.4 pct in Jan following lower foreign arrivals
EconomyMacroeconomyto 26 million in 2017. Travel receipts are projected to increase by at least 1 billion euros
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