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C/A surplus for fifth straight month in Sept, up to 2.55 billion euros for year
EconomyMacroeconomythat unlike previous years, the extension of the tourist period beyond August has an incremental
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Greek deposits slip in October as credit also contracts by 3.9 pct
EconomyMacroeconomyof increased tax obligations has played a part in eating away at Greeks’ deposits. As a result, time deposit
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Greek primary surplus at 400 mln to Oct but arrears keep piling up
EconomyMacroeconomyhas dropped by a lower amount (2.40 billion) year to date. It is apparent that the creation of new
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Tourism turnover index slows but signs remain positive
EconomyMacroeconomy, the extension of the tourist period beyond August has an incremental positive contribution
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October C/A deficit drops to 351 mln, down 39.1 pct over year
EconomyMacroeconomythis year. Note that unlike previous years, the extension of the tourist period beyond August has
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As EU presidency approaches, poll suggests Greeks are most isolated within Union
SocietyGreece is due to take over the six-month rotating presidency of the European Union on January 1 but just days before it does so a new poll has suggested that of the citizens in all 28 member states, Greeks feel least confident about the Union’s future and are the most detached from the bloc
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New data shows 6.2 pct of Greek labour force in gray area
EconomyMacroeconomyunderpaid or inactive and without income as a result of the severe recession that has devastated
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A third of Greek homeowners fear losing their properties in 2014
SocietyRoughly one in three Greeks fears losing their home in 2014 despite the restrictions on foreclosures the government has kept in place for the New Year. As of January 1, Greek banks have more leeway in repossessing the homes of customers who are failing to meet mortgage repayments. However
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State arrears to Nov fell to 5.86 bln but 1.96 bln of new debts created in 2013
EconomyMacroeconomyincreases to 6.17 billion or 3.4 percent of GDP. The MoF has revised in the 2014 budget the initial
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Bank of Greece decision bolsters Greek lenders’ capital ratios
EconomyMacroeconomy’s upcoming share capital increase of 2 billion euros. The bank has recently initiated the capital
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