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  1. First round of second review discussions concludes on Thursday

    EconomyProgramme

    . According to reports, the mission chiefs expressed doubts over the achievement of next year’s

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  2. New overdue taxes jump by 1.35 bln in Sept, driving total stock to 92.8 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s new tax debt rose by 1.35 billion euros in September after increasing by 1.37 billion in August, according to data published by the General Secretariat of Public Revenues (GSPR). GSPR figures revealed that around 54 percent of the overdue debt created in September stemmed from four key

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  3. Retail sales fall by 3.1 pct in Aug after fleeting rebound in July

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index fell by 3.1 percent in August, after a rise of 7.1 percent in July attributed to a low base effect, Hellenic Statistical Agency (ELSTAT) figures showed on Monday. The August headline figure represents the 18th negative reading in the last 20 months

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  4. Parliament's budget office sees obstacles to recovery, warns on private debt

    EconomyMacroeconomy

    repeats the PBO’s view for lower primary surplus targets over the long-term, coupled with substantial

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  5. World Bank sets out savings Greece can make from streamlining welfare benefits
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    , the World Bank’s proposals for elimination of tax measures are expected to yield 294 million euros

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  6. Average loan rate falls by 26 bps, time deposit rate down by 8 bps to new record low in September

    EconomyMacroeconomy

    Greek households’ new time deposit rate fell by 8 basis points (bps) to 0.79 percent in September, after remaining broadly flat in the previous three months, Bank of Greece (BoG) data showed on Thursday. The headline figure for September indicates a new record low since Greece’s euro accession

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  7. OECD proposes ways to improve competition, estimates positive economic impact at 414 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    The Organisation for Economic Cooperation and Development (OECD) published on Monday its third assessment of Greece’s competition laws and regulations, identifying those that may hinder the competitive and efficient functioning of markets. The assessment focused on five sectors, namely e-commerce

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  8. In autumn forecasts, EC sticks by GDP estimates but expects lower unemployment
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    -Term Fiscal Strategy 2017-2020, including any fiscal adjustments to meet the programme’s primary

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  9. Unemployment rate edges up to 23.4 pct in August
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate increased to 23.4 percent in August from an upward revised 23.3 percent in July, the Hellenic Statistical Authority (ELSTAT) labour force survey displayed on Thursday. The headline figure for August, along with that of June, is the second lowest

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  10. CPI drops at a slower pace of 0.5 pct in October
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    percent next year. The European Commission’s autumn forecasts published on Wednesday point to a rise

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