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  1. Stocks fall for fourth straight week amid lack of progress in talks with lenders
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    and landed at 628.92 on Friday. It has recorded cumulative losses of 4.8 percent over the last four... Bank said on Monday it has agreed with the Serbian MK group for the sale of Alpha’s entire stake (100

    2%
  2. With review stalled, Athens continues to be coy on concessions
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    but the measures being detailed after the German elections. There has been no confirmation... in the Brexit vote and the US elections. However, he then admitted that the coalition has suffered

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  3. Tsakalotos and Stournaras raise objections to IMF assumptions
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    last May, should lead to increased potential growth in the future. In contrast, the IMF has lowered... BoG has estimated that the achievement of non-performing loan (NPL) reduction targets will further

    2%
  4. Unemployment rate stable at 23 pct in November
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    level since April 2015. Over the last 12 months, the unemployment rate has declined by 1.5 percentage..., there is a marked divergence in their projections for 2017. Τhe IMF has the most optimistic forecast (21.3

    2%
  5. Economic sentiment and consumer confidence deteriorate in Feb
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    , the most notable deterioration has been recorded by the construction confidence indicator (-23.8 points... points). In contrast, the services confidence indicator has soared by 19.2 points in the last 12

    2%
  6. Credit contraction rises to 1.6 pct in Jan on extended deductions of 885 mln

    EconomyMacroeconomy

    to 24.46 billion. Bank lending has been in negative territory since the beginning of 2011... by almost 25 percent. The biggest drop over this six-year period has been recorded in consumer credit

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  7. Greece searches for balanced deal as talks get underway in Athens
    Photo by George Vitsaras/Fosphotos

    PoliticsGreek Politics

    that the response from MPs and SYRIZA members to proposals about the reduction of a number of VAT rates has... level agreement has been reached with the lenders, the fiscal path for the coming years, as well as debt

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  8. Greece and creditors dive into details of measures and counter-measures
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    auctions. After the meeting, a bank official told reporters that uncertainty has returned in the first two... and the duration of the law. As we noted, the Economy Ministry has tabled the draft bill on the out

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  9. Greece, lenders fail to make headway on fiscal and labour issues
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    the state budget. The IMF has repeatedly stressed that more than half of Greek wage earners are exempt..., the Fund has noted that despite the targeted savings of 1.5 percent of GDP by 2018, the pension reform

    2%
  10. Greece, lenders tie up some loose ends and continue negotiating
    Photo by Panyiotis Tzamaros/Fosphotos

    EconomyProgramme

    Further progress was made during meetings between the Greek government and the institutions’ mission chiefs on Wednesday, with Finance Ministry sources saying that the out-of-court workout issue has... beating the fiscal target of 3.5 percent of GDP in 2018. Moreover, almost zero progress has been made so

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