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  1. Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    rising by 0.6 percent in 2016. Private consumption holds the lion’s share making up 69 percent

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  2. Gains of 2.5 pct for stocks this week amid subdued trading volumes
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    Despite the lack of positive developments ahead of Monday’s Eurogroup, the Greek stock market traded mostly in positive territory this week, climbing 2.5 percent with low trading volumes. Most investors remain on the sidelines adopting a wait-and-see stance in the absence of a positive catalyst

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  3. Athens grapples with awkward reduction of tax-free threshold
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    that the current structure of Greece’s public finances, including the highly imbalanced pension system

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  4. BoG sees chance of normality returning if review concludes swiftly
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    into uncertainty and stagnation, while Greece’s relations with its creditors will deteriorate. The central bank

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  5. Stocks edge up 0.9 pct, trading activity remains subdued for third straight week
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    The Greek equity market edged up for the second straight week by 0.9 percent. The initial gains of 2.5 percent in the first two sessions, also in the wake of Monday’s Eurogroup decision, were mitigated thereafter as investors became more concerned after an initial positive reaction. The mission

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  6. Economic sentiment and consumer confidence deteriorate in Feb
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) fell by 2.2 points in February after remaining stable in the previous month, the European Commission (EC) figures revealed on Monday. The ESI landed at 92.9 in February, returning to the same level as in November after a short-lived revival of 2.2 points

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  7. Retail sales down by 1.3 pct in Dec for first drop since Aug
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index fell by 1.3 percent in December after upward revised growth of 2.2 percent in November, Hellenic Statistical Agency (ELSTAT) data showed on Tuesday. The December headline figure indicates the first negative reading since August. The corresponding volume

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  8. Deposit outflows of 1.5 bln in Jan after seasonally high inflows in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    -euro area residents’ inflows of 331 and 157 million respectively. The BoG’s annual report revealed

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  9. Round of talks nearing end with limited progress, serious doubts about March 20 goal
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    played down concerns over yesterday’s GDP figures, which showed that the Greek economy contracted

    1%

  10. General govt primary cash surplus improves to 1.4 bln in Jan, arrears rise to 4.8 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus rose by 120 million euros to 1.42 billion in January from 1.3 billion a year ago, the Finance Ministry (MoF) gg bulletin showed on Tuesday evening. The improvement fully reflects a substantial rise in the social security funds (SSFs) surplus

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