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  1. Bank credit contracts by 1.7 pct in September on loan deductions of 355 million

    EconomyMacroeconomy

    The rate of credit contraction in the Greek market remained stable at 1.7 percent in September, Bank of Greece (BoG) figures showed on Thursday. The loan balance further dropped to 198.42 billion at the end of September, which is the lowest reading since June 2007. The monthly net deductions slowed

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  2. TV licencing becomes key political battleground after court verdict

    PoliticsGreek Politics

    for a meeting to be convened at the Greek Parliament on Monday afternoon so that the parties can agree

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  3. Retail sales fall by 3.1 pct in Aug after fleeting rebound in July

    EconomyMacroeconomy

    in July 2015. Since 2010, Greek retail turnover has posted a nosedive of 19.3 percent largely reflecting

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  4. PMI falls again in October amid ongoing drop in output and new orders

    EconomyMacroeconomy

    products. Moreover, output charges were further reduced in October for the fourth successive month. Greek

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  5. World Bank sets out savings Greece can make from streamlining welfare benefits
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    The funding of the guaranteed minimum income (GMI) emerged as one of the most contentious issues in the first round of discussions on the second programme review between the Greek government and the institutions’ mission chiefs. One of the prior actions of the second review involves the launch

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  6. After TV permits setback, scrutiny of State Minister Pappas intensifies
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    on the trip to represent a major Greek oil firm. If the reports are accurate they may represent the end

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  7. Average loan rate falls by 26 bps, time deposit rate down by 8 bps to new record low in September

    EconomyMacroeconomy

    Greek households’ new time deposit rate fell by 8 basis points (bps) to 0.79 percent in September, after remaining broadly flat in the previous three months, Bank of Greece (BoG) data showed on Thursday. The headline figure for September indicates a new record low since Greece’s euro accession

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  8. Revenues beat target for second straight month in Oct with 739 mln over-performance

    EconomyMacroeconomy

    Greek budget revenues beat their target comfortably for the second successive month in October, according to General Secretariat of Public Revenues (GSPR) figures provided by the Finance Ministry (MoF) on Thursday. Specifically, revenues (before tax refunds) stood at 5.01 billion euros in October

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  9. Kammenos's odd partnership with Tsipras still holding together
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    policy advisers, Greek-American George Papadopoulos, may help Athens. He added a strange explanation

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  10. Apartment prices fall by 1.5 pct in Q3 for slowest drop since 2009

    EconomyMacroeconomy

    scenario of Greek banks’ stress tests a year ago, point to a further fall in housing prices by 5

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