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  1. Time deposit rate almost flat in Jan, average loan rate falls 12 bps

    EconomyMacroeconomy

    Greek households’ new time deposit rate remained broadly stable for the second straight month in January, when it eased marginally by 1 basis point (bp) to 1.01 percent in January, Bank of Greece (BoG) figures displayed on Wednesday. Since the impositio...

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  2. PPC lignite unit bids fall flat in blow to privatisations
    Photo by David Gibson via Flickr https://flic.kr/p/oATenb

    EconomyFeatures

    The Public Power Corporation’s (PPC) divestment of 40 percent of its lignite capacity has hit an obstacle as it emerged that the bid process for two lignite units had attracted very little interest. PPC received one binding offer for the Melitis unit in...

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  3. Eurogroup to approve release of bond profits but bid to repurpose funds falls flat
    Photo via Fosphotos

    EconomyProgramme

    Wednesday’s Eurogroup is expected to result in eurozone finance ministers approving the conclusion of the fourth enhanced surveillance review and the next round of debt relief measures, but will not include a discussion on how Greece can use the bond pr...

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  4. Building permits down by 2.3 pct in Jul as YTD activity growth nearly flat
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits growth in July returned to negative territory, dropping by 2.3 percent year-on-year (YoY), after a 3 percent increase in June), according to the latest data released by the Hellenic Statistical Agency (ELSAT) on Thursday. The total numb...

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  5. Government moves to shake off Tempe affair after opposition bids at prosecution fall flat
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    New Democracy succeeded in limiting the scope of judicial proceedings against politicians in relation to the deadly Tempe rail crash after rival motions by opposition parties to widen the net of prosecutions were voted down. The conservatives hope that ...

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  6. Exposure to tourism sector a concern for banks despite effort to save season
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    and put the economy on track for recovery in the autumn. The three pillars of the plan were described... catering not being serviced.. As pointed out in the report, the property market is also connected... 1.75 billion euros, of which 77 percent are considered fully serviced. The remaining 370 million

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  7. Slow pace of civil service evaluation, Hellenikon deal add to review agenda
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Several areas of potential tension between the government and Greece’s lenders have emerged ahead of the third review. Athens is still struggling to find a way to conduct a performance evaluation in the public sector after civil servants’ unions instruc...

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  8. Athens struggles with civil service evaluation, reduction of arrears
    Photo by MacroPolis

    EconomyProgramme

    The Greek government has its hands full at the moment with the effort to complete as many prior actions as possible from the fourth review so there can be a staff-level agreement by the May 24 Eurogroup. Apart from the fact that many of the 88 key deliv...

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  9. Health service in spotlight as govt scrabbles for more measures to contain Covid

    PoliticsGreek Politics

    The government is set to admit defeat in its strategy for containing Covid-19 as health data continues to cause concern and new measures are set to be announced to rein in the virus. Although the coronavirus numbers have been worrying for several days, ...

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  10. Newsletter 127 - 14/07/2017

    Newsletters

    percent after staying flat in May while the goods’ and services’ indices advanced by 0.4 and 1.9... edged up by 0.4 percent after staying flat in May. Building permits fall slightly in April Data

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