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  1. Industrial turnover soars 13.5 pct in December, drops 5.1 pct in 2016

    EconomyMacroeconomy

    , the turnover in consumer durables posted a nosedive of 24.9 percent, while a smaller decline of 6

    12%

  2. Tsipras faces heavy lifting to finalise deal and get party approval
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    September), cutting VAT on electricity bills from 13 to 6 percent, reducing VAT on basic food products

    12%

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

    EconomyProgramme

    from 24 to 13 percent and in energy from 13 to 6 percent.

    12%

  4. Institutions back in Athens to resume review, agree new measures
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    to 13 percent) and energy (from 13 to 6 percent). The IMF recently noted that the reduction

    12%

  5. Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the 13.8 percent growth rate posted in Q3. In particular, imports of goods increased by 6 percent

    12%

  6. Stocks dip by 0.2 pct, lack of trading activity continues
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    drops were recorded by Piraeus Bank (-6 percent), Eurobank (-4.8 percent) and National Bank – NBG

    12%

  7. Fraport reveals airport plans as major privatisation overcomes obstacles
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    the Development Ministry’s Public Financial Services and General Commercial Registry on March 6

    12%

  8. Deposit outflows continue in Feb but slow to 750 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    respectively for the second straight month, while time deposits recorded marginal inflows of just 6 million

    12%

  9. What Dijsselbloem didn't say
    Photo by Fosphotos

    Agora

    of around 6 percent of their GDP. A deficit in any country requires a surplus in another to finance

    12%

  10. NBG records net profits of 73 mln in Q4, turns profitable for whole year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    National Bank of Greece (NBG) remained profitable in the fourth quarter (Q4) of 2016, with net profits of 73 million euros from 6 million in the previous quarter. The lender’s Q4 results include a one-off gain of 150 million euros related to the sale of Astir Vouliagmenis. For the whole year, NBG

    12%