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  1. BoG cautiously optimistic on economy and banking sector
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    remains one of the strongest pillars of Greece’s recovery. Profitability, liquidity, and capital... and services prices keeping core inflation near 4 pct. On the fiscal front, government revenues

    9%

  2. Turnover in services sector shows improvement in Q4 2014

    EconomyMacroeconomy

    service activities showed a rise, according to the Hellenic Statistical Authority (ELSTAT). In Q3, 12 out of the 14 service activities had recorded a drop, The highest increase in Q4 was posted..., consultancy and related activities (+10.5 percent). In contrast, two service activities reported a double

    9%

  3. Government in race against time to resolve bailout issues

    EconomyProgramme

    , increasing by 3,350 euros for each child. The quadriga criteria would protect around 17 percent... of 2017. The quadriga mission chiefs arrived in Athens on Tuesday evening and are expected to start

    8%

  4. Progress in bailout talks but foreclosures and NPL management stand in way of agreement

    EconomyProgramme

    After lengthy discussions over the weekend, the key issues remaining unresolved in the negotiations of Greek authorities with the quadriga mission chiefs are foreclosures and management of bad loans... on the NPL sale process. Greek authorities and the quadriga have reportedly reached an agreement

    8%

  5. Newsletter 52 - 20/11/2015

    Newsletters

    by the quadriga. The third memorandum of understanding signed in mid-August called for pension savings of 0.25... be financed. Following a meeting with the quadriga mission chiefs on Thursday evening, Labour Minister George

    8%

  6. Turnover in services shows improvement in Q2 2019
    Photo by MacroPolis

    EconomyMacroeconomy

    seen in Q1. The three largest year-on-year rises were noted in information service activities (+25.4... percent) and information service activities (+33.2 percent). It should be noted that the turnover indices... and other business support activities (+191.8 percent) and information service activities (+68.5 percent

    8%

  7. Greek competitiveness rank remains low as tax, bureaucracy create obstacles
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    the performance of almost 140 countries against 12 pillars of competitiveness. It assesses the factors... that the country lags behind in nearly each of the 12 pillars of competitiveness. A predictable mix... of the 12 pillars, a further breakdown of the results showed the areas in which Greece performs well

    8%

  8. PM unveils 'Greece 2.0' plan to use EU recovery funds, transform economy
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    pillars of the plan. The aim of plan is to mobilise 10.4 billion euros under this pillar once the private... 1.1 billion euros of the EU grants. Of the four pillars, the other pillar where the government aims... euros with the addition of bank lending. These funds have not been allocated to specific pillars

    8%

  9. Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
    Image via www.piraeusbankgroup.com

    EconomyBanking

    (NII) in Q1 reached 360 million, flat year-on-year (YoY) and up by 1 percent lower quarter... management fee paid to the NPE servicer. Excluding the fee, operating expenses are down 16 percent QoQ

    7%

  10. Newsletter 34 - 10/07/2015

    Newsletters

    in the same period last year. This translates into a net drop in retail sales by 305 million over

    7%