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  1. ELA funding drops by 1.58 bln in Sept for third straight fall
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    on September 3 and 17 respectively. Both decisions were prompted by BoG and reflected the improving... programme in mid August. A further reduction by 1 billion euros was decided by the ECB on October 7

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  2. Current account balance shows a surplus for third straight month, at 2.09 bln in August

    EconomyMacroeconomy

    reflects shrinking goods’ deficit by around 3 billion more than offsetting a considerable decline... corresponds to lower imports by 4 billion. At the same time, exports fell by 5.8 percent or 1 billion. BoG

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  3. Travel receipts rebound by 7.3 pct in August, partly reflecting higher spending per trip

    EconomyMacroeconomy

    in the average expenditure per trip by 3 percent to 600 euros. The breakdown of inbound volume showed... stand 2 million and 1 billion above last year’s items respectively. SETE also said that subject

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  4. Greece fell two places to 60th in Doing Business ranking, World Bank says

    Economy

    slipped 1 place to 132nd. In registering property it remained unchanged in 144th spot. Getting Credit... 71st place. Greece’s ranking has also dropped by 4 spots in Starting a Business (54th), by 3 spots

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  5. Home foreclosures and refugee crisis top agenda in Greece-EU talks
    Photo by EU Council via Flickr https://flic.kr/p/q4fbAG

    PoliticsForeign Policy

    to but reports in the local media have identified them as: 1) Settling on a formula for property foreclosures 2) Making changes to the 100-instalment scheme for tax and social security debtors 3

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  6. Eurosystem funding down by 2 bln in Oct for fourth straight fall

    EconomyMacroeconomy

    ’ ELA ceiling was cut twice by the ECB (on September 3 and 17) and by 1 billion euros each time

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  7. BoG report highlights need for programme implementation, political consensus
    Photo by MacroPolis

    Economy

    involve: 1) Addressing the issue of NPLs that would ease the burden on cooperative borrowers and enable... to improve the business environment and competitiveness. 3) Actions to boost job creation and reduce

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  8. Greece seeks EU help on refugees after Schengen threat but big challenges remain
    Photo via Frontex http://frontex.europa.eu/

    PoliticsForeign Policy

    three actions to satisfy EU demands: 1) It activated the European Union Civil Protection Mechanism... Yugoslav Republic of Macedonia (FYROM) 3) It requested the deployment of a Rapid Border Intervention

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  9. Greek teachers low paid, but work shorter hours in smaller classes
    Photo by srgpicker via Flickr https://flic.kr/p/3zZRnQ

    Society

    ’s primary teachers are aged 50 and over while less than 1 percent are under 30. Only Italy had... teachers aged 50 or older climbed by 3 percentage points on average among countries with comparable

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  10. Industrial production back on downward trajectory with 1.9 pct drop in Oct

    EconomyMacroeconomy

    ) and intermediate goods (-1 percent). Consumer non-durables was the only grouping displaying a marginal rise... by 3 points to -16.6 in November. However, the year to date balance indicates a marked drop by 13.6

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