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Marked rise in expenditure leads to a budget primary deficit in Nov
Economythe marked outperformance in November, the December figure has to exceed the 8.3-billion mark
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Travel receipts drop by 4.1 pct in Oct for second straight fall
EconomyMacroeconomyfigure. SETE has also estimated direct tourism revenues to reach 14.5 billion in 2015, up by 1
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Eurobank sells insurance arm to Fairfax for 316 mln
EconomyBankingEurobank announced on Tuesday that it has reached an agreement with its shareholder Fairfax for the sale of an 80 percent stake in the bank’s insurance subsidiary Eurolife. The disposal was part of Eurobank’s initial restructuring plan approved by the European Commission in April 2014, which
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Deposit flow remains negative for the second straight month with outflows of 390 mln in November
EconomyMacroeconomyfunding has fallen by 13.17 billion since July reflecting the reduction of uncertainty, stabilisation
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Greeks' health seen getting worse, negative feelings growing during crisis
SocietyThe economic crisis has given rise to negative feelings such as insecurity, anxiety, fear, anger, frustration and sorrow among 44 percent of Greeks, with higher percentages recorded among people on low incomes, according to research conducted by the National School of Public Health (ESDY). The data
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Pension overhaul poses political challenge despite avoiding immediate cuts
PoliticsGreek Politicson Tuesday), Tsipras also has to wait to see how Greece’s lenders will react to the proposals. Katrougalos
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Addressing some misconceptions about Greek budget revenues and unpaid taxes
Agorathe beginning of 2015, the General Secretariat of Public Revenues (GSPR) has been disclosing
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Time deposit rate eases by another 5 bps in Nov, average loan rate drops 16 bps
EconomyMacroeconomyabove the eurozone average. Since the imposition of capital controls, the new time deposit rate has
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ELA funding down by 8.6 bln in Dec for sharpest drop since July
EconomyMacroeconomy, at the fastest pace since July. Over the past six months, ELA funding has been trimmed by 17.86 billion
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Where things stand on the Greek pension reform proposals
EconomyProgramme, lawyers, pharmacists and engineers has been formed to provide an alternative solution that sets an upper
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