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  1. 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

    1%

  2. 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

    1%

  3. Greece’s M&A market stagnates during recession

    EconomyFeatures

    activity, in Greece, a sharp decline has been recorded. A January 2016 survey by PWC showed that M&A... 2016 M&A activity was domestic rather than foreign. Mr Iosifidis cited what for many has become

    1%

  4. Athens hopes concessions can secure review breakthrough
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in terms of medium-term debt relief measures. Berlin has made it clear that this is a discussion which... the post-2018 fiscal targets and the measures needed to reach the appropriate primary surplus has

    1%

  5. Overdue contributions rise at accelerating pace of 615 mln in Q4, stock climbs to 17.54 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the past seven quarters, when data has been available. KEAO is fed with the overdue SSCs that exceed... million, largely due to a strong performance in the last quarter of the year. Overall, KEAO has collected

    1%

  6. Disposable income drops by 2.3 pct in Q3 on sharp rise in taxes
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent. Overall, disposable income has plummeted by around one third, or by 14.52 billion euros.... However, final consumption has posted a cumulative decline of 9.28 billion euros in the last seven

    1%

  7. Eurogroup sheds little light on how Greek review will progress
    Photo by Fosphotos

    EconomyProgramme

    programme because it has been involved since the start and has the necessary technical expertise

    1%

  8. Positive deposit flow of 2.8 bln in Dec leads 2016 inflows to 4.2 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    improvement mostly has to do with seasonal reasons. These include the payment of the Christmas.... Overall, Eurosystem funding has declined by 60 billion euros since the July 2015 attributed

    1%

  9. Credit contraction accelerates to 1.5 pct in Dec, net lending flow remains subdued
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    355 million in 2016, dragging the balance down to 24.65 billion at the end of December. There has been... credit balance has contracted by almost 30 percent since 2011, followed by mortgages (-23.7 percent

    1%

  10. Athens searching for compromise formula should IMF remain on board
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    be needed. Although the government has consistently ruled out the legislation of measures for after... to issue a statement stressing that he has never been in favour of returning to the drachma.

    1%