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  1. Travel receipts rise 4.7 pct in Dec, 2016 figure down 6.4 pct despite increased arrivals
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent to 13.22 billion, while the corresponding payments edged down 1.4 percent to 2 billion..., travel receipts from EU countries fell by 3 percent to 9.12 billion euros in 2016, while those from non

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  2. Greece and creditors dive into details of measures and counter-measures
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    , included measures worth 2 percent of GDP (3.6 billion) almost equally split between a reduction... surplus may have topped 3 percent of GDP in 2016, way above the programme target of 0.5 percent of GDP

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  3. Lack of trade-offs for Athens keep deal with creditors out of reach
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    is vital to determining the volume of measures that will be demanded of Greece. The starting point is 2... it could reach around 3 percent of GDP. This will not be confirmed, though, until April 21

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  4. Revenues beat target by 3.9 pct in Feb, remain above target for year

    EconomyMacroeconomy

    revenues reached 3.93 billion in February, beating target by 77 million or 2 percent. Taking also... that the strong revenue performance in 2016, which resulted in a primary surplus close to 3 percent of GDP

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  5. Greece and lenders trap themselves over labour reforms
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    wrangling, Greece still harbours hope of reducing the 2 percent of GDP volume for the new fiscal... may have exceeded 3 percent of GDP against a target of just 0.5) to show that this figure can

    17%
  6. Marginal drop in time deposit rate, sharp decline in corporate lending rates in Feb
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greek households’ new time deposit rate dropped by another 2 basis points (bps) and landed at 0.67 percent in February, Bank of Greece (BoG) figures showed on Friday. The headline figure represents... a fixed maturity (mostly credit cards) edged up 3 bps to 14.54 percent. The housing loan rate rose

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  7. Foreign minister opens up about EU concerns
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    fiscal repercussions from the Brexit, 2. To safeguard the rights of Greeks working and studying...), and 3. To avert any negative repercussions for trade in goods and services or for tourism. One

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  8. Stocks climb 6 pct during week, propelled by 16.6 pct surge by banks
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    yield of 6.6 percent. The ex-dividend date is on May 2. Sarantis holds its AGM on May 3. No other major

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  9. Greece eyes first bond issue since 2014 to smooth out volatile relationship with markets
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    transaction, the next issue in July fell short of estimates as the total offers reached 3 billion euros... on bond prices from the recent positive news flow, such as the technical agreement clinched on May 2

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  10. China's bumpy road to Greece
    Photo by Andrea Bonetti/Fosphotos

    EconomyFeatures

    investment group Copelouzos, worth up to 3 billion euros. One of China’s biggest investments is Cosco’s 67... is popular with Russians, the investment threshold stands at 2 million euros in real estate. In 2016

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