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  1. Deposit interest rates broadly stable in March, average loan rate down slightly
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greek households’ new time deposit rate edged down 1 basis point (bp) to 0.66 percent in March, Bank of Greece (BoG) figures showed on Monday. The headline figure is a new record low since Greece’s accession to the eurozone in 2002, while remains 24 bps above the euro area average rate of 0.42

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  2. Details of technical agreement between Greece and lenders set out in draft sMoU
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    noted, the IMF’s draft technical MoU noted that the number of temporary contracts in the public

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  3. Industrial production improves by another 8.7 percent in March

    EconomyMacroeconomy

    reflects an increase of 8.6 percent in manufacturing production, which retains the lion’s share

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  4. April produces first fall this year for car sales, which tumbled by 7.5 pct
    Photo by Andreas Simopoulos/Fosphotos

    EconomyMacroeconomy

    ’s share making up almost 86 percent of the monthly car sales, while around two thirds were

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  5. Unemployment rate slips to 23.2 pct in Feb, lowest for last five years
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment edged down to 23.2 percent in February from a downward revised rate of 23.3 percent in January, Hellenic Statistical Authority (ELSTAT) labour force survey revealed on Thursday. The headline figure, along with that of September 2016, is the lowest

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  6. Stocks up by 4.7 pct, rising for third straight week
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    Despite profit taking on Friday, the Greek stock market headed north for the third straight week, climbing by 4.7 percent amid increasing investor confidence about an imminent deal between Greece’s lenders and the conclusion of the programme review. Trading activity remained strong for the second

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  7. Budget primary surplus hits 1.74 bln in 4-month, beating target on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary balance posted a surplus of 1.74 billion euros in the 4-month period of 2017, down by 9 percent from last year’s figure of 1.9 billion, the Finance Ministry (MoF) preliminary budget execution bulletin revealed on Monday. However, the year-to-date outperformance widened from just

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  8. Finance Ministry publishes roadmap for relaxation of capital controls
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    conditions, steady improvement in the banking system’s liquidity and the reduction in the banks’ non

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  9. Church, democracy and the evil eye: survey reveals Greeks' beliefs
    Photo by Angelos Christofilopoulos/Fosphotos

    Society

    with their country’s traditional values and those of the West, a clear majority of Greeks (77 percent) were

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  10. Finance Ministry ups 2017 budget primary surplus estimates on higher revenue projections
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    21 and voted on December 10, 2016. The upgrade of this year’s projections reflects an upward revision

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