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  1. Coalition caught between pleasing lenders and voters ahead of next troika review
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    . The subsequent cabinet reshuffle saw a number of conservatives representing the so-called “popular right... on the funding gap. Greece is on course to meet its fiscal targets and believes that with some hard work over the summer the structural side can be taken care of as well. However, the funding issue will depend

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  2. Deposits edge down to 123.5 bln in September on outflows of 379 mln

    EconomyMacroeconomy

    the completion of the first programme review, banks saw inflows of 2.04 billion over the past five months... to the end-2015 figure. BoG earlier data also showed that Greek banks’ Eurosystem funding dropped by 3.15... funding by 1.82 billion to 27.75 billion coupled with a decline in Emergency Liquidity Assistance (ELA

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  3. Deposits rise to 124.6 bln in Oct on inflows of 1 bln

    EconomyMacroeconomy

    May, Greek banks saw inflows of 2.88 billion by October. Total deposits – which also include those... weeks ago that Greek banks’ Eurosystem funding fell by another 3.53 billion euros to 71.78 billion at the end of October. The monthly movement reflects a reduction in ECB funding by 2.24 billion

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  4. Check, please: How much Alexis Tsipras's first months cost Greece
    Photo by Panayiotis Tzamaros/Fosphotos

    Agora

    and 3.7 percent in 2016. Both organisations saw private consumption and investments pick up due... to a significant funding and liquidity squeeze for his government. The Finance Ministry had to postpone or delay a large part of non-payroll costs from March 2015 to cover its imminent external funding

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  5. House of cards (The rise and fall of Akis Tsochatzopoulos)
    Photo by Can Esenbel [www.mundanepleasure.com]

    Agora

    It was the house that did for him. Former Defense Minister Akis Tsochatzopoulos succumbed to the base desire of enshrining his wealth and potency in real estate. Hubris, however, blinded him to the dangers of choosing a property within a marble fragment...

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  6. Fall in industrial production speeds up in October with 5.2 pct drop

    EconomyMacroeconomy

    The Industrial Production Index (IPI) took on a faster downward trend in October with a drop of 5.2 percent following a 1.3 percent decline recorded in September, according to the Hellenic Statistical Authority (ELSTAT). The October performance led 10-m...

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  7. Narrowing of trade deficit slows in November as exports fall 22.5 pct

    EconomyMacroeconomy

    Greece’s trade deficit narrowed 2.4 percent to 1.54 billion euros in November, while the respective 11-month figure fell 12 percent to 17.86 billion, according to the Hellenic Statistical Authority (ELSTAT). The change to November shows a continued dece...

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  8. March fall for Greek industrial turnover is ninth in 15 months

    EconomyMacroeconomy

    After a temporary stall in February, the Turnover Index in Industry resumed a negative trend in March easing by 1.1 percent, according to the Hellenic Statistical Authority (ELSTAT). The February reading was revised from a marginal drop of 0.1 percent t...

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  9. Greek trade deficit rises further in April as exports fall by 20.8 pct

    EconomyMacroeconomy

    Greece’s trade deficit rose for the third straight month at an accelerating pace of 17.2 percent in April after increasing by 14.7 percent in March, according to the Hellenic Statistical Authority (ELSTAT). April’s performance led the 4-month trade defi...

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  10. Decline in Greek CPI slows to 1.1 pct in June after sharper fall in May

    EconomyMacroeconomy

    The Consumer Price Index (CPI) fell 1.1 percent in June, decelerating from the 2 percent drop in May, the Hellenic Statistical Authority (ELSTAT) said on Wednesday. The monthly evolution shows the CPI rose 0.6 percent month on month, primarily attribute...

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