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CPI stays flat in December, falls by 0.8 pct in 2016
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) remained stable in December following a drop of 0.9 percent in November, Hellenic Statistical Authority (ELSTAT) data displayed on Wednesday. The December headline figure indicates Greece is not in deflation for the first time since February 2013. The core index
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Mitsotakis marks first year at ND helm by emphasising tax cut goals
PoliticsGreek Politics. “A large part of the Greek population believes he is speaking the language of truth,” he wrote. “He
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Unemployment rate edges down to 23 pct in October, lowest in 4.5 years
EconomyMacroeconomy. As a result, the labour force in the Greek market fell by 15,300 to 4.79 million in October. Over
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Papandreou returns as PASOK seeks revival
PoliticsGreek PoliticsAfter enjoying a modest revival in the opinion polls, PASOK has built further momentum by welcoming back its former leader George Papandreou and enhancing its presence in Greek Parliament thanks to the addition of two MPs. Papandreou’s return was announced on Thursday after he held a 45-minute
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PPC general meeting approves unbundling of ADMIE
EconomyMacroeconomy. The four Greek systemic banks, which had granted a syndicated bond loan of 2.2 billion euros to PPC
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Mitsotakis seals alliance with Drassi, targets role of unifier
PoliticsGreek Politicssignificant prize, for the two former political heavyweights of Greek politics. Thursday’s alliance
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Stocks fall for second straight week amid soft volumes
EconomyThe Greek stock market showed no signs of rebounding this week as it edged down 1.9 percent amid lack of market-moving news, particularly regarding the second programme review. The lack of investors’ interest was clearly demonstrated in the trading activity with very thin volumes in almost all
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Athens holds back proposal details ahead of Thursday's Eurogroup
PoliticsGreek Politicsof the Eurogroup may reflect concerns in Athens about revealing the Greek hand too early, especially
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Overdue contributions rise at accelerating pace of 615 mln in Q4, stock climbs to 17.54 bln
EconomyMacroeconomy5,000 euros from the four main Greek pension funds. It excludes those created by general government
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Disposable income drops by 2.3 pct in Q3 on sharp rise in taxes
EconomyMacroeconomyGreek household disposable income fell for the eighth successive quarter in the third quarter (Q3) of 2016, when it decreased by 2.3 percent compared to a slight drop of 0.3 percent recorded in Q2, Hellenic Statistical Authority (ELSTAT) data revealed on Wednesday. Specifically, disposable income
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