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  1. CPI drops at decelerating pace of 0.9 pct in Oct

    EconomyMacroeconomy

    The decline in the Greek Consumer Price Index (CPI) markedly decelerated to 0.9 percent in October from the 1.7 percent drop posted in September, Hellenic Statistical Authority (ELSTAT) data... movement peaking to -2.8 percent in January 2015. The latest estimates of the Greek government

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  2. Apartment prices fall at an accelerating pace of 6.1 pct in Q3

    EconomyMacroeconomy

    Greek apartment prices fell by 6.1 percent in the third quarter (Q3) of 2015, at an accelerating pace compared to the downward revised 5 percent drop recorded in Q2, Bank of Greece (BoG) data showed... incorporated in the last comprehensive assessment of Greek banks conducted by the Single Supervisory

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  3. Rate of credit contraction edges up to 1.6 pct in Oct

    EconomyMacroeconomy

    Greek bank credit contraction accelerated slightly to 1.6 percent in October from 1.5 percent in September, Bank of Greece (BoG) figures showed on Thursday. The net lending flow remained negative... flow of 615 million. Greek bank credit turned into contraction in January 2011 with cumulative net

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  4. On the road to realpolitik with Alexis Tsipras at the wheel

    Agora

    months ago that Greek Parliament would recognise Palestine as a state. This vote, though, has not yet taken place. Instead, the Greek government has begun to use “Palestine” rather than “Palestinian

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  5. Privatisation of power transmission firm ADMIE a key challenge among prior actions

    EconomyProgramme

    to the third memorandum of understanding (MoU) signed with eurozone partners in mid-August, the Greek... the sale of a 66 percent stake and the transfer of the remaining 34 percent to the Greek state

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  6. Pension reform wrangle prompts Greece to consider going own way on contributions rise
    Photo by MacroPolis

    EconomyProgramme

    reduction for pensions above a specific threshold, probably higher than 1,000 euros. The Greek authorities... by Greece’s lenders. The Greek proposal is also linked to the collectability of contributions

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  7. Building activity down by 3.5 pct in Sept for third straight fall

    EconomyMacroeconomy

    Greek building permits fell for the third straight month in September but at a decelerating pace of 3.5 percent from 11.4 percent in August, Hellenic Statistical Authority (ELSTAT) data displayed... pessimistic since in the last comprehensive assessment of Greek banks conducted by the Single

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  8. Eurobank sells insurance arm to Fairfax for 316 mln
    Photo by MacroPolis

    EconomyBanking

    ’s Greek and Romanian life and non-life insurance activities as well as its brokerage subsidiary... in Mytilineos, a leading Greek industrial group.

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  9. Coalition wants to push own bills through as well as negotiate with lenders

    PoliticsGreek Politics

    The focus of the Greek government’s negotiations with its lenders is expected to move quickly to the three key issues that need to be resolved in view of the upcoming first review but the coalition... of their planned return to the Greek capital on January 18. However, the government also seems keen to use

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  10. Deposit flow remains negative for the second straight month with outflows of 390 mln in November

    EconomyMacroeconomy

    The Greek banking system recorded deposit outflows for the second successive month of 390 million in November from 681 million in October, Bank of Greece (BoG) figures displayed on Wednesday... corresponding to 41.6 percent of total withdrawals over this period. At the same time, Greek banks

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