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Deposits positive for fourth month as May sees inflows of 919.4 mln
EconomyMacroeconomyNet deposit movement in the Greek banking system remained positive with inflows of 919.4 million in May versus inflows of 870.1 million in April, Bank of Greece (BoG) figures revealed on Wednesday... into the Greek banking system. May’s deposit inflows overtook April’s as the second highest for the year so
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No bounce for Tsipras in poll as cracks appear in centre-left
PoliticsGreek PoliticsPrime Minister Alexis Tsipras is hoping that he can win back the support of islanders affected by the refugee flows over the last few years but the latest opinion published in the Greek media..., it seems that Tsipras will need to do much more to convince Greek voters of his achievements
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Improving trends in property market highlighted by central bank
EconomyBankingcommercial property even reported a small price rise. Overseas investment in Greek property has picked up... investment portfolios in the Greek commercial market continue to attract interest, concerning both
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New Democracy gains MP as new effort to launch nationalist party announced
PoliticsGreek Politicsif the pact is approved in Greek Parliament but that not be enough to avoid voters abandoning his... efforts to launch new initiatives on the right-wing of the Greek political spectrum during the last few
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Employment balance records 33,620 more hirings than departures in June
EconomyMacroeconomyof a positive employment balance in the Greek job market, albeit slowing from May’s record high... in the Greek job market.
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New Democracy fires back at Tsipras over corruption allegations
PoliticsGreek PoliticsThe polarisation that many expect to be a key feature of Greek politics in the build-up to the next elections is becoming more evident as SYRIZA and New Democracy trade accusations over scandals...-friendly Documento weekly, which claimed that the ex-vice president at the Greek branch of the Swiss
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Greeks seen working longer, until July 18, to meet annual tax bill
Society. All three of these issues are direct concerns for the Greek economy as well. Less than half..., and fragile economic growth, the tax freedom date for Greek workers is unlikely to arrive earlier
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IMF insists labour market reforms need to be preserved
EconomyProgrammefor Article IV consultations, the Fund reiterated that the Greek authorities should be cautious..., in the euro area Article IV country recommendations, the Fund suggests that Greek authorities should
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S&P revises outlook to positive, sees encouraging signs after debt deal
Economyimproved, along with the country’s economic prospects. It sees the Greek economy growing between 2... of the use of the sizeable cash buffer create a framework that S&P believes will keep Greek
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Credit contraction at 1.2 pct in June, balance at 178.87 bln
EconomyMacroeconomyCredit contraction in the Greek market softened to 1.2 percent in June from a contraction of 1.9 percent in May, Bank of Greece (BoG) figures released on Wednesday showed. As a result.... The Greek market has been experiencing a contraction for the last six years, with the loan balance down
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