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  1. With tax-free threshold set for change, income declarations underline need for rethink
    Photo by Lazaros Koutsoukos/Fosphotos

    EconomyProgramme

    One of the key issues still to be resolved in the ongoing negotiations between the Greek government and the institutions relates to the International Monetary Fund’s demand for a reduction in the tax-free threshold with the aim of securing additional revenues of 1 percent of GDP (1.8 billion euros

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  2. Unemployment rate up to 23.6 pct in Q4, down to 23.5 for 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The Greek non-seasonally-adjusted unemployment rate increased to 23.6 percent in the fourth quarter (Q4) of 2016 from 22.6 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. Overall, the average unemployment rate dropped to 23.5 percent in 2016, from 24.9 percent

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  3. Global deal in April ruled out as labour reforms prove biggest obstacle
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    a conference call with the institutions’ mission chiefs on Friday. The Greek government’s target

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  4. SYRIZA on tenterhooks as outcome of review remains in balance
    Photo by Angelos Christofilopoulos/Fosphotos

    PoliticsGreek Politics

    The Greek government goes into Monday’s Eurogroup hoping that there will not be a falling out with the lenders (worst case) but that enough common ground will be found so that the institutions can return to Athens to conclude the second review (best case). In the meantime, SYRIZA MPs will remain

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  5. New Democracy in spotlight as coalition draws hope on labour reforms
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that there is no legal basis for the lenders to make demands about votes in Greek Parliament. Dijsselbloem

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  6. As Athens awaits news from Brussels, New Democracy mends fences
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The lack of information emerging from the negotiations between Greek ministers and the institutions in Brussels means that the political focus is on domestic developments, pending further news from the Belgian capital. The negotiations entered what is expected to be the final day of the current

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  7. Stocks down by another 1.4 pct over week as Brussels talks prove inconclusive
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    The Greek equity market headed south for the third successive week, dropping at an accelerating pace of 1.4 percent from 0.6 percent in the previous week. Investors remain concerned because the conclusion of the second programme review is still out of reach, despite the progress made

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  8. Three investment groups table binding offers for Thessaloniki Port
    Photo by Harry van Versendaal

    Economy

    of Audit and the Greek Competition Committee and the ratification of the agreement by the Parliament.

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  9. Credit contraction stable at 1.6 pct in Feb, net deductions drop to 101 mln

    EconomyMacroeconomy

    The rate of credit contraction in the Greek market remained stable at 1.6 percent in February, Bank of Greece (BoG) figures showed on Monday. Meanwhile, net deductions significantly slowed to 101 million euros in February from 885 million in the previous month and 295 million a year ago

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  10. Alpha Bank reports net profits of 20 mln in Q4, leading full-year earnings to 42 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    gathering was reversed in Q1 with deposit outflows of 600 million in the Greek market in the first

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