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  1. New tax debt €7.13 bln in 2020, rising by €1.34 bln in December
    Photo by MacroPolis

    EconomyMacroeconomy

    The 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

    2%

  2. Alpha Bank enters agreement with Davidson Kempner for 10.8 bln Galaxy securitisation
    Photo by MacroPolis

    EconomyBanking

    is on a levered basis, while the bank has further upside through an earn-out of up to 68 million euros if certain

    2%

  3. Mitsotakis defends #MeToo response amid acrimonious debate
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    -sounding premise for the debate, it was clearly Mitsotakis’s aim to draw the sting out of what has

    2%

  4. Credit growth in January rises to 3.7 pct even as flow turns negative
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Credit 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

    2%

  5. Retail turnover drops by 12.3 pct and volume by 11 pct in December
    Photo by MacroPolis

    EconomyMacroeconomy

    to the same month last year, consumer confidence has dropped by 41.4 points. Retail trade improved by 8.8

    2%

  6. Company closures dropped sharply during the pandemic
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    unsurprising on the face of it – given that this has been such a hard-hit sector from the pandemic

    2%

  7. Govt lays out path to lockdown easing despite growing pressure on hospitals
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    in hospitals in and around Athens has “got out of hand”, claiming that up to 84 patients were awaiting

    2%

  8. CPI falls by 1.3 pct YoY in February; increases 0.2 pct MoM
    Photo by MacroPolis

    EconomyMacroeconomy

    for February increased by 0.2 percent compared to January. The CPI has remained consistently negative

    2%

  9. Industrial production up by 3.4 percent in January
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    by 0.6 points month-on-month to stand at -10.6 points. Year-on-year, industry confidence has fallen

    2%

  10. Building permits drop by 0.7 pct in December; rise 9.2 pct in 2020
    Photo by MacroPolis

    EconomyMacroeconomy

    year, construction confidence has improved by 14.5 points.

    2%