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  1. Athens relieved as ECB and IMF seem to reach understanding on Greek banks
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyBanking

    Athens is hoping that a dispute between the European Central Bank and the International Monetary Fund (IMF) over Greek banks has been resolved, clearing an obstacle in the third review and easing... in an interview with ANT-1 TV on Wednesday evening that the IMF has changed its position

    2%

  2. Draft budget highlights taxpayer fatigue, creates policy mix doubts
    Photo by Gerarsimos Domenikos/Fosphotos

    EconomyMacroeconomy

    budget, not just the 2017 figure has been revised. The total revenue figure for 2018 has also been

    2%

  3. Eurobank sells NPL package in attempt to reduce bad debt pile
    Photo by MacroPolis

    EconomyBanking

    -performing loans and derisking its balance sheet. The bank has communicated that 500 million euros... loans with property collaterals. National Bank of Greece has a decent NPL profile with a ratio of 37.3

    2%

  4. PM's Washington visit looms over domestic politics, review schedule
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the bill (New Democracy has not clarified its position), there is no danger of the draft law being... of the Greek crisis. The comment appeared to anger New Democracy, which has been pushing for snap

    2%

  5. Industrial production rises by 5.6 percent in August after revised July growth

    EconomyMacroeconomy

    on Tuesday. In the year so far, the IPI has remained steadily in positive territory. The increase originates... confidence has improved by 5 points. Additionally, the Markit Manufacturing PMI stayed over the 50-point

    2%

  6. Greek household expenditure falls by another 2.5 pct in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    that at current price levels, average monthly expenditure on goods and services has fallen by 28.8... was in food (-17.3 percent). Since 2008, an increase has been recorded in the percentage of income

    2%

  7. Trust in Greek banking system shaky, survey suggests
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    Trust in the Greek banking system has been badly damaged by events of recent years according to a survey by Alvarez & Marsal on behalf of the Bank of Greece. The survey questioned 2,000 individuals... of the rare positive trends has been the increase in electronic transactions, which had the positive

    2%

  8. Athens eyes ample cash buffer, prepares for bond swap
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    by the European Stability Mechanism, with the rest being raised from bond issues in the coming months. It has... and to give it a fall-back position in case there is turbulence on the international markets and it has

    2%

  9. Tsakalotos stands ground on taxes, finalises social dividend plan
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . A Finance Ministry official told Naftemporiki newspaper that the government has agreed with the lenders... a fourth MoU with its lenders. “This has been completely ruled out by all sides,” he said. “Nobody wants

    2%

  10. Industrial production grows by 2.4 pct in Sept

    EconomyMacroeconomy

    revealed on Thursday. In the year so far, the IPI has remained steadily in positive territory. The increase..., industry confidence has improved by 1 point. Additionally, the Markit Manufacturing PMI stayed over

    2%