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  1. Banks try to build on growing confidence

    EconomyBanking

    will support the country’s four banks in managing the NPEs of more than 300 Greek SMEs through... percent to 37.2 billion from Q2 2017 until the end of 2019, higher than the previous target by 2.2

    3%

  2. Building permits up by 4.4 pct in May and 5.3 pct in first five months
    Photo by MacroPolis

    EconomyMacroeconomy

    , the absolute number of permits came to 13,847. Although this is higher than that for 2016, it remains around 86 percent lower than the peak of 95,730 permits issued in 2005. The most recent quarterly Bank

    3%

  3. Tsipras bids farewell to MoU, eyes new start for Greece and SYRIZA

    PoliticsGreek Politics

    Alexis Tsipras delivered on Tuesday his long-awaited speech to mark the end of Greece’s third bailout, suggesting the country has a chance to make a new start after completing more than eight years... on Tuesday and made numerous references to Odysseus’s journey in his speech, which lasted less than eight

    3%

  4. Tsipras conducts varied reshuffle in further bid to revitalise coalition
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that turned out to be much more difficult than it expected. It is unlikely, though... he can win back support than Tuesday’s cabinet changes. Recent developments, though, mean that he

    3%

  5. Mitsotakis plans cuts to pension contributions, aims to add private element to system
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    -based so that those who work longer get larger pensions than those who work less. Also, he said... their contributions and see what interest they earn, rather than worrying about whether they will receive any

    3%

  6. New overdue taxes rise by 377 mln in July, total stock above 102 bln for second month

    EconomyMacroeconomy

    , lower than the figure for the same period last year by a notable 25.6 percent. New unpaid obligations from tax categories showed a rise of 296 million month-on-month in July, lower than the increase

    3%

  7. Tsipras pledges array of tax cuts, hopes for break on pensions
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    for the self-employed who earn more than 7,000 euros a year would be reduced from 20 percent to 13.3 percent... euros in fiscal space, for instance) than if he focussed on just what could be done before the next

    3%

  8. Unemployment rate falls to 19 pct in Q2
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    across all age groups in Q2. The rate among the 15-19 year age group once again declined faster than... percent were not registered at the public employment office (OAED), while less than 10 percent reported

    3%

  9. Mitsotakis eyes tax cuts to jump-start economy, also seeks unity but not with SYRIZA
    Photo via @kmitsotakis

    PoliticsGreek Politics

    New Democracy leader Kyriakos Mitsotakis took his turn at the Thessaloniki Expo (DETH) on Saturday to present a plan of tax cuts, but also to send a more conciliatory message than Prime Minister...) rather than a loose set of measures aimed at attracting votes. The main pledges made by Mitsotakis

    3%

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

    EconomyBanking

    revenue would rise by 21 percent, or 3.3 billion euros, which is more than the revenue generated... card payments as part of Greece’s payment culture rather than a phenomenon brought about by capital

    3%