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Parliament's budget office sees risks to economic recovery
EconomyMacroeconomyframework has not yet stabilised, while the ambivalence of some government members, the strong stance
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Sallas exit from Piraeus marks end of era in Greek banking sector
EconomyBankingappraisal, the Bank of Greece has to assess if bank’s BoDs and management have been aligned with HFSF
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Increase in overdue contributions accelerates to 831 mln in Q2 as total reaches 16.6 bln
Economymonths of 2015. Since its establishment in 2013, KEAO has collected revenues of 1.38 million, of which
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S&P affirms Greece’s rating with stable outlook
EconomyAs was broadly expected, S&P affirmed on Friday afternoon Greece’s ‘B-/B’ ratings, while the outlook remains stable. It is worth noting that S&P has the highest rating for Greece, which stands three notches above that of Moody’s (‘Caa3’ set on July 1, 2015) and two notches higher than Fitch (‘CCC
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Government eases capital controls further, aiming to restore depositor confidence
EconomyFollowing pledges earlier in the month, the government has now further relaxed the capital controls imposed last summer. Finance Minister Euclid Tsakalotos published in the Government Gazette on Friday the relevant amendment allowing further relaxation, following the ratification of the proposed
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PASOK and Potami strengthen basis for cooperation
PoliticsGreek Politicsthe two parties. The process of electing someone is expected to take place in November. It has been
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Credit contraction stays stable at 2 pct in June, net additions for first time this year
EconomyMacroeconomynet lending flow. Since the beginning of the year, the consumer credit sector has posted deductions
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Decline in retail sales accelerates to 8 pct in May
EconomyMacroeconomyindex has seen the largest drops in clothing and footwear by 6.3 percent and department stores
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Greek stocks remain flat during week, banks underperform
Economyrepresentation in NBG’s BoD has been ceased. Next week, Mytilineos and METKA release their H1 results
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Energy cooperation provides platform for Greece and Bulgaria to strengthen ties
PoliticsForeign Policythat Greece has to catch up with its neighbouring country. He said that “on Bulgarian soil railway
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