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  1. Stocks drop 1.3 pct during week with light trading volumes

    Economy

    The Greek equity market fell 1.3 percent this week - mostly reflecting the losses of 2 percent on Friday, while the trading activity remained subdued for yet another week. Investors continue to stay... Properties (+2 percent) and Motor Oil (+1.6 percent). On the flipside, the biggest losses were posted

    9%
  2. Minor fluctuations in deposit and loan interest rates in December

    EconomyMacroeconomy

    that for loans to sole proprietors eased by 2 bps to 7.34 percent. Overall, the weighted average rate on new loans marginally rose by 2 bps to 4.85 percent, after decreasing by 18 bps in November

    9%
  3. IMF sees much scope for reform progress, particularly on tax in Article IV report
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    in 2019 and 2 percent in 2020, while long-term growth is expected at around 1 percent. Under... the government’s recent estimate of around 2 percent of GDP, which is expected to increase to 1.5 percent of GDP

    9%
  4. IMF examines how Greece accumulated large pile of unpaid taxes and contributions
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    tax debtors owe less than 3,000 euros each, while their tax debt makes up just 2 percent... as more than 80 percent is older than three years with a collection rate of almost 2 percent. More

    9%
  5. Lenders' proposal not yet enough to convince Athens, banish snap poll option
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    ’s meeting in Brussels, where the creditors reportedly asked the government to adopt 2 percent... would like to reduce this to three years and for the target to be around 2 percent of GDP after

    9%
  6. Athens waits for Moscovici visit, eyes debt relief and lower volume of measures
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    into account. The Commission’s data put Greece’s primary surplus for last year at 2 percent of GDP.... Although the Commission appeared united with the other lenders in demanding 2 percent of GDP in new

    9%
  7. Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    percent YoY from a much higher growth of 2 percent posted in Q3. Overall, nominal GDP rebounded by 0.4... expects exports to rise by 0.7 percent for the whole year. Imports rebounded 2 percent, fully

    9%
  8. Tsipras's choices are becoming clearer but not any easier

    Agora

    lenders on Friday in order to conclude the programme review would involve Athens adopting roughly 2... is that if they agree to another 2 percent of GDP in fiscal measures, it will exacerbate their unpopularity

    9%
  9. Greece, lenders fail to make headway on fiscal and labour issues
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    on the technical details of the fiscal issues such as the necessity for adopting measures worth 2... the Greek side. The Fund’s stance that additional savings of 2 percent of GDP, or 3.6 billion euros

    9%
  10. Greek women in crisis
    Photo by Dimitris Skalakis/Fosphotos

    Agora

    of maternity leave covered by the employer (2 months prior to giving birth and 2 months afterwards

    9%