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Building permits drop by 12.4 pct in Nov amid second lockdown
EconomyMacroeconomyby 18.5 points to -25.5 points. Compared to the same month last year, construction confidence has
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CPI falls by 2 pct YoY in January as apparel and transport drop
EconomyMacroeconomyfor January decreased by 1.3 percent compared to December. The CPI has remained consistently negative
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Government rolls out red carpet to lure private wealth to Greece
EconomyFeatures, the Finance Ministry heralded the move as the latest initiative in a series of steps it has taken
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New tax debt €7.13 bln in 2020, rising by €1.34 bln in December
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt came to 1.34 billion euros in December, data from the Independent Authority of Public Revenues (IAPR) has shown. New tax debt totalled 7.13 billion euros last year, lower than the figure for 2019 by 11.1 percent. New unpaid obligations from tax
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Alpha Bank enters agreement with Davidson Kempner for 10.8 bln Galaxy securitisation
EconomyBankingis on a levered basis, while the bank has further upside through an earn-out of up to 68 million euros if certain
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Mitsotakis defends #MeToo response amid acrimonious debate
PoliticsGreek Politics-sounding premise for the debate, it was clearly Mitsotakis’s aim to draw the sting out of what has
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Credit growth in January rises to 3.7 pct even as flow turns negative
EconomyMacroeconomyCredit movement in the Greek private sector rose an annual 3.7 percent in January after an increase of 3.5 percent in December, Bank of Greece (BoG) figures showed on Thursday. The annual rate of credit growth is now the highest it has been since February 2010 when it came to 3.8 percent. However
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Retail turnover drops by 12.3 pct and volume by 11 pct in December
EconomyMacroeconomyto the same month last year, consumer confidence has dropped by 41.4 points. Retail trade improved by 8.8
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Company closures dropped sharply during the pandemic
EconomyFeaturesunsurprising on the face of it – given that this has been such a hard-hit sector from the pandemic
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Govt lays out path to lockdown easing despite growing pressure on hospitals
PoliticsGreek Politicsin hospitals in and around Athens has “got out of hand”, claiming that up to 84 patients were awaiting
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