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  1. Banks meet NPE reduction targets in Q3, adjust targets for next two years
    Bank of Greece

    EconomyMacroeconomy

    target submitted. The ratio has been adjusted to 35.2 percent versus 33.9 percent. The targeted

    2%

  2. Unemployment rate continues decline to 20.5 pct in September

    EconomyMacroeconomy

    the total number of unemployed has stayed below the 1-million mark. The overall labour force edged up

    2%

  3. Fiscal obligations set out in sMoU, discussion on speeding up tax measures due in May
    Photo by MacroPolis

    EconomyProgramme

    . On the expenditure side, a spending review has been initiated, and is expected to yield 0.1 percent

    2%

  4. New overdue tax obligations up by 1.18 bln in October, total at 99.75 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s new tax debt rose by 1.18 billion euros in October, picking up pace from September’s rise of 706 million, the Independent Authority of Public Revenues’ (IAPR) data has revealed. New unpaid obligations from tax categories rose by 1.15 billion, increasing from 662 million euros in September

    2%

  5. Clock ticks on prior actions as coalition searches for solution on islands
    Photo by Angelos Christofilopoulos/Fosphotos

    PoliticsGreek Politics

    to all property auctions being conducted via the new electronic platform that has been created

    2%

  6. Further measures to protect and strengthen financial stability foreseen in sMoU
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    of debt restructuring and insolvency procedures, although Greece has implemented the prior actions

    2%

  7. Despite cuts, pension system still at risk due to old-age dependency
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    of GDP spending on pensions is significantly higher at around 15 percent. Greece also has one

    2%

  8. Clearer picture emerging ahead of stress tests, banks appear confident
    Photo by MacroPolis

    EconomyBanking

    and National Banks of Greece (NBG) has been completed and, according to local media, the capital requirements

    2%

  9. Turnover in services sector shows mixed picture in Q3 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , services confidence has risen by 16.8 points.

    2%

  10. ECB survey shows enduring preference for cash payments in Greece
    Photo by Pavlos Svoronos/Fosphotos

    EconomyFeatures

    A survey by the European Central Bank (ECB) looking into the purchasing habits of Europeans has found that cash is still the preferred method of payment for most Greeks despite efforts to encourage card and electronic payments. The study titled “The use of cash by households in the euro area

    2%