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  1. Trust in Greek banking system shaky, survey suggests
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    Trust in the Greek banking system has been badly damaged by events of recent years according to a survey by Alvarez & Marsal on behalf of the Bank of Greece. The survey questioned 2,000 individuals... of the rare positive trends has been the increase in electronic transactions, which had the positive

    3%

  2. Athens eyes ample cash buffer, prepares for bond swap
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    by the European Stability Mechanism, with the rest being raised from bond issues in the coming months. It has... and to give it a fall-back position in case there is turbulence on the international markets and it has

    3%

  3. Tsakalotos stands ground on taxes, finalises social dividend plan
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . A Finance Ministry official told Naftemporiki newspaper that the government has agreed with the lenders... a fourth MoU with its lenders. “This has been completely ruled out by all sides,” he said. “Nobody wants

    3%

  4. Industrial production grows by 2.4 pct in Sept

    EconomyMacroeconomy

    revealed on Thursday. In the year so far, the IPI has remained steadily in positive territory. The increase..., industry confidence has improved by 1 point. Additionally, the Markit Manufacturing PMI stayed over

    3%

  5. Tsipras gains backing for 'social dividend,' sees poll gap narrowing
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    , put the conservatives on 30 percent and the leftists on 17, meaning the gap between the two has... off guard by Tsipras, has decided that it will back the measure this time, although it is trying

    3%

  6. Coalition appears to reach common ground with notaries over property auctions
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    The government believes that it has reached an understanding with Greece’s notaries that will lead to them calling off their strike and allowing electronic auctions to begin at the end of the month... with those belonging to strategic defaulters. He said there has been no agreement to exclude properties

    3%

  7. Final budget sees strong growth, fiscal overperformance in 2018
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    are seen growing by 4.6 percent and imports by 3.8 percent. Unemployment has also been marginally... that the Finance Ministry has earmarked 300 million in revenues from Athens’s old airport

    3%

  8. Energy at forefront as Athens prepares for creditors’ return
    Image via www.dei.gr

    EconomyProgramme

    Athens has reached a comprehensive agreement on energy issues, which was one of the biggest obstacles in the way of a staff-level agreement (SLA) being secured by December 4. Energy Ministry.... The government has reportedly only completed around 30 percent of the 101 prior actions expected

    3%

  9. OECD report shows Greece had highest tax ratio rise in 2016
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The OECD published yesterday its regular revenue statistics for 2017. The publication has comparable tax revenue data with the latest edition, providing final data up to 2015 as well as provisional... composition representing roughly one-fifth of tax collection. Direct and indirect taxation has been

    3%

  10. Institutions, Athens start new round of review talks as e-auctions get green light
    Photo by Vassilis Asvestopoulos/Fosphotos

    EconomyProgramme

    of the energy market. An agreement has been reached between Athens and the European Commission.... The creditors are also expected to take a close look at the out-of-court workout, which has been in operation

    3%