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Industrial turnover dives 18.9 pct in Oct, highest drop over last six years
EconomyMacroeconomyand consumer durables displayed smaller decreases of 4 and 1.8 percent respectively. On the flipside
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Notable increase in grants to social security sector leads to budget primary deficit in Nov
Economy) Other social security fund expenditure (at zero versus a FY target of 446 million) 4) Grants
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Gov't hits back as pension reform row heats up
EconomyProgrammethe sustainability of the pension system. 4) The pension cost in Greece stands at 17.5 percent of GDP
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Gov't mounts defence of pension plan but lenders' approval may take time
PoliticsGreek Politicspensions would increase by 1 percentage point (from 3 to 4 percent). Government spokeswoman Olga
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Time deposit rate eases by another 5 bps in Nov, average loan rate drops 16 bps
EconomyMacroeconomyon total new deposits slipped by another 4 bps to 0.58 percent in November, which is also the lowest
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After dire 2015, Greek stocks get off to rocky start in 2016
Economywith the exception of Alpha which records gains of 4 percent. The most resilient performance this week was posted
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The pension and revenue interventions Greece has to make to meet its 2016 fiscal target
EconomyProgrammepercent and is due to further increase to 100 percent for 2015 income. 4) Tax of 0.05 euros per
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Mitsotakis win sends ripples through other opposition parties
PoliticsGreek Politicsthe 4 to 6 percent it received in the last two general elections. The most likely source
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Newsletter 58 - 15/01/2016
submitted by the government on January 4. However, a spokesman for the European Commission stressed
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Challenges mount for Tsipras as pension reform leads into make or break period
PoliticsGreek Politics(private) and ADEDY (public), have called a general strike for February 4 to voice their opposition
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