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  1. Industrial production grows by 0.2 pct in Dec and 4.1 pct for full year
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) increased by 0.2 percent in December after November’s figure was revised upward to 2 percent, Hellenic Statistical Authority (ELSTAT) data revealed... the period. December’s industry confidence indicator published by the European Commission showed

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  2. Tsipras confirms Parliament will probe contentious Novartis bribery claims
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    ministers and ex-ministers. Tsipras addressed SYRIZA’s parliamentary group mostly on the subject... minister’s office, but Mitsotakis suggested the attack was a result of his wife, Mareva Grabowski, being... this not occurred, Greece may even have avoided needing a bailout in 2010. The government’s decision to set

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  3. Spending on pensions down by 30.9 mln in December
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . For dividends, the average sum stood at 97.93 euros, up against last year’s figure of 97.86 euros...). It should be noted, however, that the regional GDP’s used by IDIKA to generate the figures are based... 25, at 362.86 euros. The government has been gradually phasing out the EKAS grant. In December’s

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  4. Diplomatic exchanges over name issue intensify
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    Tsipras defended in an address to his MPs on Monday the government’s decision to pursue a solution... country being allowed to use the name “Macedonia.” The Greek premier suggested that the protester’s main... the new meetings, the Greek side will aim to ascertain whether there is really willingness in Zaev’s

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  5. Banks gear up for stress tests, with results due in May

    EconomyBanking

    stages and dates involved in the process were finalised. The aim of the process is for the ECB’s... Greece’s lenders with a complete picture regarding the need to cover any, if at all, capital requirements... incorporated the EBA’s guidance and made the necessary adjustments following consultations

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  6. Fourth review begins, with Athens and creditors also focussing on post-MoU era
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    of the Public Power Corporation’s lignite-powered units; the lifting of VAT exemptions... picture of this year’s budget execution and whether Greece is on track to reach its 3.5 percent of GDP... to last year’s excess surplus and improving GDP data to defend its position, which is that the tax

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  7. Credit contraction at 0.8 pct in January as household, corporate lending falls
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the outstanding balance falling to 182.83 billion euros from December’s figure of 183.97 billion euros. The net...’s positive figure of 371.6 million. January’s changes originate from a negative balance of 511.9

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  8. New measures to ease capital controls, lift restrictions on opening bank accounts

    EconomyMacroeconomy

    published in the government’s gazette. It is the third set of measures that the MoF has announced to relax... unique customer and every two calendar months. The MoF’s bulletin concludes that this decision... of capital controls has been cited as an issue by both the Bank of Greece and the country’s lenders

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  9. Amid exit speculation, growth strategy offers chance for coalition to show intentions
    Photo by MacroPolis

    PoliticsGreek Politics

    was accompanied by a reiteration on the government’s behalf that it would like to make as clean an exit...,” he told MEPs last month. “We have to take into account Greece’s profile, which means that it has... in the political debate in Greece as it will be tangible evidence of the discussion turning to the country’s

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  10. Turnover in tourism sector up 7 pct in Q4, increasing by 9.9 pct in 2017
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    figure up by 8.6 percent to 18.3 million. According to SETE’s projections, foreign arrivals were... to BoG, tourism figures for 2017 have exceeded SETE’s estimates. Furthermore, travel receipts were... to a rebound in the average tourist expenditure close to the 2015 level. BoG’s figures determined expenditure

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