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  1. Crumbling Greek pension system threatens big fiscal gap, budget derailment
    Photo by MacroPolis

    Economy

    pending. The average processing time for granting a pension stands at 12 months or at 20 months... time for granting an OAEE pension stands at 12 months, and at 20 months for those who have been

    5%

  2. A third of young Greeks would consider emigrating to escape economic problems
    Photo by Harry van Versendaal

    Society

    that almost four in five Greeks who were late paying bills in the last 12 months said they lacked... during the last 12 months, way above the European average of 44 percent. In addition, three in five

    5%

  3. Travel receipts fall by 5.4 pct in Sept for first drop in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    in September, while the corresponding payments dropped by 12 percent to 155.8 million. As a result, travel... a surplus of 11.07 billion, up by 5.8 from last year’s figure of 12 billion. Unlike September

    5%

  4. Multi-bill tabled in Parliament, paves way for sale of NPLs

    EconomyProgramme

    NPLs at 28 billion (of which 12 billion relate to primary residences), SME and sole-proprietors... will be uploaded on BoG website. An NPL may be sold by a bank only if in the preceding 12 months the debtor did

    5%

  5. Piraeus port privatisation moves a step closer
    Photo by Harry van Versendaal

    EconomyBanking

    that announcements will be made on January 12 after the opening of financial offers. Three investment... the past 12 months, have accelerated in December and could convey a positive message

    5%

  6. Greece close to agreement that would unlock sale of Astir Vouliagmenis

    Economy

    development related to the agreement reached with institutions on December 12 for the electricity... on January 12 after the opening of the financial offers. HRADF Chairman Stergios Pitsiorals recently said

    5%

  7. Drop in building activity accelerates to 11.3 pct in Oct

    EconomyMacroeconomy

    . A broadly similar pattern is showed in the performance over the trailing 12 months, with permits down... the end of 2010, with the aggregate loan net deductions close to 12 billion over this period. According

    5%

  8. S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March

    Economy

    In an unexpected move, S&P upgraded Greece’s rating by one notch to ‘B-‘ from ‘CCC+’ on reform progress with a stable outlook. The last time Greece was ‘B’ rated was also by S&P almost 12 months ago... in investments by an estimated 12 percent, while the net job increase reinforces expectations that unemployment

    5%

  9. Deadline for liberalisation of household and SME NPLs looms closer

    Economy

    be sold by a bank only if in the preceding 12 months the debtor did not accept a bank out-of-court..., large corporate NPEs amount to around 40 billion and housings NPEs are at 28 billion, of which 12

    5%

  10. Investment: The forgotten casualty of the Greek crisis

    Agora

    year for which data is available, it was a mere 21.7 billion euros and just 12 percent of GDP... percent. Investment in transport equipment was just below 12 billion euros, almost 20 percent of total

    5%