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Nine in 10 Greeks under 30 feel marginalised due to crisis
SocietyOver nine in ten young Greeks aged 16–30 feel marginalised in their own country due to the economic crisis, with 43 percent feeling they need to move to another EU country to study, train or work, a Eurobarometer poll, commissioned by the European Parliament, has found. In the highest figure
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Apartment prices fall at slightly slower pace of 5 percent in Q1
EconomyMacroeconomyindirectly linked to housing prices, has plummeted by around 80 percent over the last seven years
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Central government debt edges down to 321 bln in Q1
Economyin Q4 2015. Around 80 percent of Q1 outstanding debt has a residual maturity of more than 5 years
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Piraeus reports net loss of 37 mln in Q1, records negative NPL formation for first time since 2008
EconomyBanking. It is worth noting that the bank has eliminated the use of pillar II bonds since the end of April
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Government faces tight schedule for amendments to bailout legislation
EconomyProgrammeGreece has a matter of days to fulfil the remaining conditions set out by the Eurogroup last week before the disbursement of 7.5 billion euros of the second tranche under the European Stability Mechanism (ESM) programme totalling 10.3 billion. The Eurogroup outlined the pending prior actions, which
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Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
EconomyMacroeconomy. Since its peak in Q3 2009, household consumption has dropped by almost 26 percent. This largely
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Economic sentiment slips to 89.7 in May, consumer confidence rebounds to -71.9
EconomyMacroeconomyGreece’s economic sentiment (ESI) fell by 0.6 points in May after increasing in the preceding two months, European Commission (EC) data showed on Monday. The ESI has hovered around the 90-point mark over the last three months. The May headline figure of 89.7 is the lowest reading since February
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Retail sales fall by 4.3 pct in March for tenth straight decline
EconomyMacroeconomyand 3.2 percent respectively. The retail turnover has plummeted 36.6 percent over the past six years
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Marginal deposit flow in April for second straight month
EconomyMacroeconomythe Emergency Liquidity Assistance (ELA) funding rose by 690 million in April. Central Bank funding has
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Vast majority of Athens homeless ended up on streets during crisis
SocietyOver seven in ten of the homeless in central Athens have ended up on the streets since the onset of the crisis and almost half of the homeless say that losing their job was following by the loss of their home, research stemming from a Norwegian-funded antipoverty programme for the Greek capital has
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