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  1. Eurosystem funding falls by 1.9 bln in Dec, down by 60 bln since July 2015
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding dropped by 1.87 billion euros in December, at a slower pace compared to the decline of 3.3 billion in the previous month, Bank of Greece's (BoG) annual balance sheet revealed on Friday. However, the downswing in Eurosystem funding remains unabated for the e18th

    4%
  2. Travel receipts drop 13.8 pct in Nov, 11-month figure down 6.6 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    ). Summing up, travel receipts from EU countries fell by 3.3 percent to 9.02 billion euros

    4%
  3. Stocks down 0.4 pct this week after tumbling in wake of Eurogroup
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    Corporation – PPC (-5.3 percent) followed by Hellenic Exchanges (-4.2 percent) and Motor Oil (-3.3

    4%
  4. Budget execution starts 2017 with primary balance outperformance on target-beating revenues
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    expenditure by 3.4 percent to 3.3 billion, in line with target. PIB revenues plummeted 79.3 percent to 117

    4%
  5. Greece near bottom of OECD rankings for spending on R&D
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    ) and Sweden (3.3 percent). The US (2.8 percent), Australia (2.1 percent), the EU (2 percent) and the UK

    4%
  6. Primary cash surplus down to 248 mln in Jan, including modest arrears repayment of 41 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    at a slower pace by 3.4 percent to 3.3 billion. MoF figures also revealed that the nosedive in the PIB

    4%
  7. Gains of 2.5 pct for stocks this week amid subdued trading volumes
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    they sharply fell by 3.3 percent. However, their strong rebound by 2.8 percent on Friday led the banking

    4%
  8. Special ELSTAT report reveals dramatic changes in labour market since 1980s
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    almost tripled from 3.3 percent in 1981 to 9.2 percent in 2005, it edged down to 9 percent in 2010

    4%
  9. Budget primary surplus at 1 bln in Jan as tax revenues outperform
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Therefore, the overall expenditure fell by 3.4 percent to 3.3 billion, broadly in line with target. PIB

    4%
  10. Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in goods by 3.3 percent. In contrast, services declined at double-digit rate of 11.5 percent. Outlook

    4%