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Deadly floods blight Athens as progress sought in third review
PoliticsGreek Politics. If the government manages to complete the third review before the end of January, this would then open up... will be diverted towards the cash buffer. The programme exit, however, would be backed up by a more
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Industrial turnover falls by 0.8 pct in Sept, down for first time since Oct 2016
EconomyMacroeconomyterritory. Strong increases in the preceding months pushed the 12-month trailing index up by 11.2 percent..., capital goods by 7.2 percent and consumer non-durables by 1 percent. Intermediate goods were up by 9.7
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ND puts pressure on Kammenos, a potential weak link in coalition
PoliticsGreek Politicssplit and collapse of the coalition. Tsipras does not appear prepared to give up his hope... with the country’s lenders, opening up the possibility of the centre-left joining forces
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Institutions head back to Athens in search of SLA by end of week
EconomyProgrammeHandelsblatt newspaper. “Provided the government in Athens keeps up its good work, the third review could... that the lenders will also be hoping for clarity on is the latest hold-up regarding the redevelopment
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Athens hopeful of clinching SLA after progress in creditor talks
EconomyProgrammeto the streamlining of the welfare system are up for discussion on Friday. The lenders are pushing for a change... that the Katseli Law prevents foreclosure on homes worth up to 280,000 euros if the family has three
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Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
EconomyBankingdeposits edged up by 800 million QoQ to 33.9 billion. On a domestic level, deposits in Greece rose by 600.... He also noted that NPE reduction is anticipated to pick up pace in the coming quarters. “Our funding
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General govt primary cash surplus at 6.39 bln in October, arrears continue to decline
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus amounted to 6.39 billion in the first 10 months of 2017, up by 452 million compared to the same time last year according to the Finance Ministry... last year. Local government recorded a surplus of 314 million euros, up from the previous month’s
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Trade deficit grows by 20.6 pct in October, driven by higher imports
EconomyMacroeconomy, while those from EU countries rose by 11.3 percent. Exports to the EU were up by 10.9 percent, while... for the year up to the end of October showed a YoY increase of 18.4 percent in the trade deficit, which
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Auctions, strikes trouble Tsipras but focus still on programme exit
PoliticsGreek Politics, though, decide to freshen up his cabinet after the conclusion of the third review, especially... soon afterwards, before the end of 2018, when the 1 percent of GDP in pension cuts lined up for 2019
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Net job hirings balance for November turns negative by 39,221
EconomyMacroeconomytypes of work. In November, part-time and flexible types of work made up 58 percent of the total... tourism season. The aggregate figures point to net hirings of 128,230 in the year-to-date, up by 3,702
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