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  1. Travel receipts drop by 4.1 pct in Oct for second straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    a rise by 0.5 billion from last year. Travel payments slipped 2.2 percent to 1.67 billion euros... figure. SETE has also estimated direct tourism revenues to reach 14.5 billion in 2015, up by 1

    3%

  2. Greek stocks down 4.2 pct over week on global and local concerns

    Economy

    Despite a rebound of 2.2 percent on Friday, the Greek stock market pared only a part of earlier losses ending the week down 4.3 percent amid turmoil in the global markets and concerns on the upcoming... will return to Athens "shortly" once enough information has been gathered, while technical work

    3%

  3. Credit contraction slows to 2 pct in Dec on net loan additions of 210 mln

    EconomyMacroeconomy

    Greek bank credit contraction slowed to 2 percent in December from 2.2 percent in November, Bank of Greece (BoG) data showed on Friday. The net lending flow turned positive for the first time since... billion at the end of December. Greek bank credit has been in contraction territory since January

    3%

  4. Central gov’t debt rises to 321.3 bln in Q4, financial aid loans at new high of 220.4 bln

    Economy

    amount of 320 million at fixed rate of 2.2 percent. The weighted average maturity of new borrowing... of 16.76 years Almost 80 percent of Q4 outstanding debt has a residual maturity of more than 5 years

    3%

  5. Greece tops EU tables for lawyers but also pending administrative court cases
    Photo by Joe Gratz via Flickr https://flic.kr/p/bkUna

    Society

    Greece tops the EU league tables in terms of the number of lawyers per population and has by far the highest number of pending administrative cases before the courts, a comparative survey of EU..., from 4 in 2011. By 2014, the most recent year covered by the release, the rate had fallen to 2.2.

    3%

  6. Gov't unveils bill to overhaul pension system, increase income tax revenues

    EconomyProgramme

    from 2.2 percent for income between 12-20,000 euros up to 10 percent for incomes above 220,000 euros. The Finance Ministry has noted that the new income tax and solidarity levy tax rates entail a higher

    3%

  7. Decline in CPI slows slightly to 1.3 pct in April

    EconomyMacroeconomy

    respectively. Smaller drops were recorded in clothing and footwear (-2.2 percent), household equipment (-1.4... and footwear. Prices in all other sector posted marginal changes. Greece has experience deflation

    3%

  8. Privatisation chief hopeful of reaching 2016, 2018 targets as several sales near conclusion
    Photo by MacroPolis

    Economy

    in 2016, 2.2 billion in 2017 and 1.1 billion in 2018. The MoU signed in August envisaged privatisation...). The international tender has been extended until June 20. He also said that the process

    3%

  9. Lenders' report reveals long-term savings from pension reform, which also offset court ruling
    Photo by MacroPolis

    EconomyProgramme

    and in May is seen at 1 percent of GDP in 2016, rising to 1.7 percent in 2018 and further to 2.2 percent... periods. Those three measures are among the 15 prior actions Greece has to implement by mid-September

    3%

  10. Current account surplus almost doubles to 1 bln in June
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    trip has also reduced in June. As a result, travel surplus retreated by 3.6 percent to 1.72 billion... of 2.2 billion euros in June mainly due to the sale of NBG’s stake in Finansbank. For the 6-month

    3%