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  1. Slow progress on fiscal, impasse on labour keep review deal on hold
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    year by the panel of “wise men” and wants Greece to be “within the framework of the European social... year warrants optimism about the ability to beat future targets. As such, the Greek government feels

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  2. The scenarios ahead for Greece as review hangs in balance
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    representation system (as per the overhaul of the electoral law approved by Parliament last year..., this will likely dent Greek growth hopes in 2017, leading to 2018 being the real year of recovery

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  3. New attempt to get Cyprus talks back on track
    Photo by Andrea Bonetti/Fosphotos

    PoliticsForeign Policy

    by ExxonMobil will begin by the end of the year. Given the uncertainty in the wider region, Turkey's... drilling this year. They claim that some companies and some governments, especially in Europe, would

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  4. Current account deficit narrows to 271 mln in Jan
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account (C/A) deficit narrowed to 271.1 million euros in January 2017 from 771.4 million a year ago, Bank of Greece (BoG) figures showed on Thursday. The improvement by around 500 million euros from last year largely reflects an increase in the primary and secondary income balances

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  5. ECB increases ELA ceiling for Greek banks by 400 mln for first time since summer 2015
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    evident last year, when the December 2015 positive flow of 2.65 billion was followed by a negative flow... reports indicating that the negative deposit flow has reached around 4 billion year to date

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  6. Stocks down by another 1.4 pct over week as Brussels talks prove inconclusive
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    the beginning of March and overall 19 percent year to date. The top outperformers this week included Sarantis... profit soaring to 127.4 million euros from 33.8 million a year ago, while turnover grew by 8 percent

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  7. Credit contraction stable at 1.6 pct in Feb, net deductions drop to 101 mln

    EconomyMacroeconomy

    million euros in February from 885 million in the previous month and 295 million a year ago... stock by 24.7 percent. The biggest nosedive during this six-year period has been posted in consumer

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  8. Deposit outflows continue in Feb but slow to 750 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    year, when the inflows of 2.65 billion in December 2015 were followed by outflows of 1.12 billion... period a year ago, capital controls restrictions do not apply to withdrawals of “new” cash money

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  9. PPC: The struggling electricity giant dominating bailout talks
    Photo via PPC https://flic.kr/p/9qi65R

    EconomyFeatures

    million two-year facility under negotiation with the four Greek core banks. PPC repaid bonds worth 100... and individual investors. PPC’s stock price has dropped by 5.2 percent in the year-to-date. It has

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  10. Athens, lenders trying to put last pieces in place for technical agreement
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    asked for the cuts in pensions to be brought forward a year, according to a report in Kathimerini... in the second half of the year and completed in the first half of 2018. Little information has been

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