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  1. New poll hurts coalition's recovery hopes as Turkey threat grows
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the recovery narrative the government has been trying to push for 2017. Just 23.5 percent believe... with the institutions, there are concerns about a flare-up with Turkey. The nationalist rhetoric from Ankara has

    2%

  2. Greeks’ wealth fell by 0.6 pct in 2016 for third straight decline
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    and 2016. From its peak in 2007, Greece’s wealth has slumped by 622 billion or by 39.6 percent in 2016, while the respective figure for Europe has dropped by 9.7 percent over this nine-year period to 73.3

    2%

  3. Building activity edged up 1 pct in September
    Photo by MacroPolis

    EconomyMacroeconomy

    in the third quarter (Q3). From its peak of 102.2 in Q3 2008, the apartment prices index has tumbled by 42 percent. Meanwhile, the housing loan balance has contracted by 19 percent since 2011

    2%

  4. Athens, Nicosia buoyed by EU role in Cyprus talks
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    PoliticsForeign Policy

    for the Cyprus issue it is important that all EU member states expressed their support.” It has been... for this meeting to take place before January 12. Even though Erdogan has not clarified yet whether he

    2%

  5. Credit contraction slows again in Nov, falling to 1.3 pct on additions of 62 mln
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyMacroeconomy

    , the continued loan deleveraging of Greek banks has resulted in net deductions of 3.11 billion, 11.3... balance down by more than 23 percent over this period. The biggest rate of decline over this period has

    2%

  6. PMI rises to 49.3 in Dec but likelihood of growth remains slim

    EconomyMacroeconomy

    . Greek manufacturers reported a drop in their backlogs in December. This has been the case since July... the worst quarter of the year for Greek goods producers.” For 2016, Markit stressed “it has been

    2%

  7. Creation of unified social security fund poses new challenge for govt
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The war of words between the government and New Democracy over the ongoing review has intensified and will undoubtedly be the main political battleground in the weeks to come. New Democracy argues... it as a capitulation that has negative implications for the Greek economy, while in the case

    2%

  8. December retail sales seen down 2.5 pct amid tax onrush
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    income has decreased by 14.8 billion euros over the last seven years. This corresponds to one third..., heightened unemployment and reduced salaries and pensions amid a recessionary environment that has

    2%

  9. Greek stocks start 2017 with gains of 2.6 pct, banks continue outperforming
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    , the banking index has soared by 8.7 percent over the last two weeks. The best performance this week... million in the previous week. Corporate news National Bank of Greece (NBG) announced that it has

    2%

  10. Economic sentiment and consumer confidence rebound by more than 2 pts in Dec
    Photo by Panayotis Tzamaros/Fosphptos

    EconomyMacroeconomy

    month. The highest reading in 2016 was recorded in October at -63.6, while consumer confidence has... that showed a negative trend within 2016 was consumer confidence, which has decreased by 3.3 points over

    2%