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Retail turnover increases by 4.9 pct in September, volume rises 3.3 pct
EconomyMacroeconomyhas remained positive for seven straight months so far. Apart from the negative reading in February, the index has remained positive throughout this year. The corresponding volume index also grew... has been the only month this year that the volume index fell into negative territory. Compared
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Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
EconomyBankingin which NPE formation has declined. The bank reported that across the last 12 months, NPE reduction has... was 153 bps over net loans versus 151 bps in Q2. The bank notes that it has around 23 billion in real... in new loan generation has been budgeted for 2018, and the bank reported that it was on track
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Name deal uncertainty set to continue despite ANEL attempt to clarify stance
PoliticsGreek Politics. In reality, Tuesday’s meeting cleared up very little apart from the fact that Kammenos has... in favour of the settlement with Greece’s neighbour. However, there has been speculation over the last few... is aware of the difficulty Theodorakis is in and has ratcheted up the pressure over this issue since Zaev
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Eurosystem funding falls by 978 mln in Nov, banknotes increase for fourth month
EconomyMacroeconomy, the Bank of Greece's (BoG) monthly financial statement has revealed. As of the latest month, the total... euros. Since the start of the year, Eurosystem funding has declined by around 21.45 billion. November’s... funding has been steadily falling, with the latest reduction coming on November 7, when the ECB
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Mistrust of politics grows as army and police gain favour, survey indicates
SocietyA survey by polling company Public Issue has illustrated the changing trends in how Greeks feel... and the army has grown in recent years from a low in 2011 when trust in the army and police came to 70 percent... parties has been consistently low across recent survey years. In more than one survey, Greeks have
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Greece rises through the ranks for LNG transport tankers
EconomyFeatures. Qatar holds the third spot with 59 vessels, but has the biggest overall capacity. Greece stands... has the first spot, followed closely by Japan and Qatar holding the third place. This latest... has voiced its interest in acting as a southern European energy hub for over a decade. The TAP and IGB
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Coalition set to extend, improve OCW but opinion poll favours ND
PoliticsGreek Politicsimprovements to the electronic platform. The updated scheme has only been in effect since September... Democracy has extended its lead over SYRIZA, although both parties have increased their support since... stands at 33.5 percent, and at 23 percent for SYRIZA. Backing for the conservatives has increased by 2
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Unemployment at 18.6 pct in October as unemployed fall by 12.2 pct year-on-year
EconomyMacroeconomyunchanged from September, October’s figure marks the seventh consecutive month that unemployment has... 3.84 million people, marking the sixth time that the figure has exceeded 3.8 million since February... to 23.1 percent. This figure has been in decline since the high of 31.6 percent in May 2013
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Kammenos walks out on coalition, triggers confidence vote that will affect timing of elections
PoliticsGreek PoliticsTsipras can reach the 151 out of 300 MPs he needs for a parliamentary majority. SYRIZA has 145 MPs... of To Potami’s six MPs, Spyros Danellis, who has suggested that he will back the government even though... involved in such a process but Kammenos has already made it clear how he intends to campaign
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Lenders put spotlight back on pending reforms ahead of second post-MoU review
EconomyProgramme. He said that only if the lenders are satisfied Greece has accomplished these tasks will about 700... also showed that in certain outstanding actions, progress has not been made. For example... has suffered significant delays with no appointment completed until the time of the report’s
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