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  1. OECD highlights reforms and imbalances that need to be addressed
    Photo by Fosphotos

    EconomyMacroeconomy

    the progress that has been achieved on a number of fronts as Greece is approaching the end of its... falls well short of the rest of the countries in OECD and has room for significant focus... credibility has strengthened due to the fiscal consolidation bearing fruit in the form of strong

    2%

  2. Marginal increase to 20.8 pct for Feb unemployment rate
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , a decrease of 0.2 percent. Compared to the same month last year, the figure for those employed has risen by 33,636. Total employment has been standing above 3.7 million since February last year. The figures... by 0.9 percentage points (pps) from last year to 26.2 percent. This figure has been declining since

    2%

  3. Banks focus on defining challenge of reducing NPEs
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    ), a subsidiary wholly owned by Eurobank, which has been licensed by the BoG. It was followed..., 2017. The consideration of the transaction has been agreed at 90 million euros or approximately 4.5 percent of the total outstanding principal amount. The servicing of the portfolio has been

    2%

  4. Coalition eyes electoral change, polls show wide lead for New Democracy
    Photo by Panagiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    and To Potami have indicated they are willing to support the change, New Democracy has linked the restructuring to Greeks abroad being allowed to vote in national elections. The government has so far shown... that New Democracy has moved into clear majority territory. According to the Pulse poll for Skai TV

    2%

  5. High expectations and landmarks on road to privatisations in 2018
    Image via www.thehellinikon.com

    EconomyProgramme

    of the Egnatia highway has a number of actions that are needed to move the project forward with key deliverables... of a financial closing by this December, which has a total cash consideration that exceeds 900 million euros. On other projects, the tender for the sale of 5 percent of OTE has been launched

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  6. Economic sentiment up to 104.2 in May, construction confidence grows by 15.7 pts
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    to April 2017, the ESI has risen by 10.8 points. Although the overall index rose, consumer confidence decreased by 2.2 points to -51 in May compared to -48.8 in April. Year-on-year, consumer confidence has...-on-month to -1.5, staying negative for a third month. In the year so far, industry confidence has

    2%

  7. Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank has agreed the sale of a corporate NPE portfolio worth 1.95 billion euros as part... formation has declined. The bank reported that year-on-year, NPEs have been reduced by 3 billion..., NPL stock has declined by 5.7 billion. It was also noted that in line with targets, the parent NPE

    2%

  8. Macedonia name deal in hands of Tsipras and Zaev
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    , and the formal and legal aspect of the agreement." The Greek government has also avoided making any comment... is expected to inform NATO Secretary General Jens Stoltenberg that a mutually accepted solution has been... will be quite complicated. It is not yet clear what has been agreed on these issues. According

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  9. Parties draw dividing lines ahead of new protests over name issue
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    was on the domestic criticism that the government has received for its handling of the negotiations... has not officially declared its support for the protests but conservative leader Kyriakos... Democracy has decided to align itself with its most extreme wing,” said Kotzias. “It is looking inwards

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  10. After reaching name settlement, Skopje and Athens face more hurdles to ratify deal
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    with a national Greek line that has been in place for almost 20 years and demanded that Skopje accept a composite... has never been accepted before by other governments in Skopje. The Greek government believes... also believes that it has achieved a major diplomatic success by getting FYROM to agree to change

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