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Turkey's Varosha move adds new complexity to Greek-Turkish relations
PoliticsForeign Policy“this announcement is a blatant violation of the Resolutions 550 (1984) AND 789 (1992) of the UN Security Council
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PM offers uniformed personnel bonus as surveillance bill attracts more criticism
PoliticsGreek PoliticsOpposition parties have accused Prime Minister Kyriakos Mitsotakis of blatant electioneering after he announced on Tuesday that all those serving in the police and coast guard would receive a 600-euro bonus at the end of the year. The fact that the announcement came just a few hours after
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Credit contracts by 4.1 pct in March, loans down by 3.4 pct
EconomyMacroeconomyin March from 4 percent in the preceding two months, with balances reaching 215.88 billion euros, according to the BoG. Loan balances slipped 0.4 percent MoM for the twelfth successive month with net... & private non-profit institutions fell 3.4 percent in March with balances landing at 100.37 billion
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Credit contraction accelerates to 2 pct in May on increased loan deductions of 357 mln
EconomyMacroeconomyactivity displayed corporate lending balances slipped to 95.68 billion euros with deductions at 68 million.... Individuals & private non-profit institutions’ loan balances further dropped to 92.79 billion euros in May... stands at 1.35 billion. Housing loan balances fell to 66.13 billion with deductions of 222 million
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Greek credit contracts again in April but at slightly lower rate of 3.7 pct
EconomyMacroeconomyfrom 4.1 percent in March, with balances easing to 215.14 billion euros, according to the Bank... & private non-profit institutions eased 3.2 percent in April with balances settling at 100.17 billion... balances fell 3.3 percent to 70.82 billion with monthly net deductions at 145 million. Similarly
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Greek bank credit contracts by 2.5 pct in March
EconomyMacroeconomy(-0.6 percent), with balances almost stable month on month at 13.6 billion euros. The monthly flow... institutions remained stable for the third consecutive month at 3 percent with balances slipping... of the year. Housing loans fell by 3.3 percent in March, from 3.1 percent in February, with balances
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Credit contraction slows to 2.1 pct in March, loan deductions fall to 146 mln
EconomyMacroeconomy. The breakdown by segment showed that corporate lending balances slipped to 95.87 billion euros in March... at extremely low levels of around 13 million. Individuals & private non-profit institutions’ loan balances... balances edged down to 25.35 billion euros. Deductions increased to 47 million in March. Greek bank credit
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Credit contraction further accelerates to 2.2 pct in November
EconomyMacroeconomyin November and close to 120 million in the 11-month period. Balances of loans to individuals & private non.... Consumer credit had insignificant deductions of 17 million with balances reaching 25.5 billion in November..., balances have dropped by 20.6 percent over this 5-year period. The biggest declines have been
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Credit contraction edges up to 2.1 pct in Jan on deductions of 512 million
EconomyMacroeconomydeductions stood at 167 million. Individuals & private non-profit institutions’ loan balances fell... highest negative reading over the last 12 months. Consumer credit balances fell to 25.46 billion euros... 37.5 billion. Over this period, loan balances have decreased by 21.1 percent. The biggest drops over
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Russia responds to expulsions but diplomatic row seen petering out
PoliticsForeign Policy, in a balanced way, diplomats stress. Greece avoided following the example of other western governments...-balanced relations are maintained, they add.
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