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Bank credit contracts by 1.6 pct in Oct on loan deductions of 308 mln
EconomyMacroeconomyThe rate of credit contraction in the Greek market slowed slightly to 1.6 percent in October from 1.7 percent in September, Bank of Greece (BoG) figures displayed on Monday. The monthly net... mark and landed at 24.95 billion euros at the end of October. Credit contraction in the Greek market
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What the agreement between Greece and lenders means for fiscal and tax policy
EconomyProgrammemarket reforms. Three weeks later, during the second round of meetings, the institutions prepared...” property prices for tax assessment will have to be aligned with market prices by June 2017, which
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Greece heads to Eurogroup facing uncertain outcome
EconomyProgrammerelief measures. Without the IMF’s demands, mostly on labour market reforms, the prior actions..., according to reports. The other sensitive issue is labour market reforms, where the government could
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Newsletter 100 - 16/12/2016
representatives also sent another strong message on labour market reforms, criticising the government... round of meetings last month. Finance Ministry sources noted that the issues of labour market reforms
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HFSF posts losses of 1.1 bln in H1 weighed down by valuation losses of bank holdings
EconomyBanking. In specific, the market value of HFSF bank holdings fell by more than 1 billion in the course of the first.... However, the strong rebound of bank shares by 27.1 percent since then has led the current market value
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Newsletter 99 - 09/12/2016
reading since Q3 2009. According to market sources, despite a positive growth in foreign arrivals..., in the labour market; the opening up of closed professions; and the removal of barriers for investment
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IMF sets out its stall as review deliberations resume in Athens
EconomyProgrammeto Obstfeld and Thomsen The IMF also issued another strong message on labour market reforms noting... and beyond as well as the labour market reforms promise to be the most difficult issues to resolve.
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Turnover in services sector improves in Q3
EconomyMacroeconomyand market research (-35.7 percent), architectural and engineering activities (-20.4 percent... and market research (-51.2 percent) followed by cleaning activities (-47.2 percent) and architectural
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Greek stocks end week flat as Friday’s strong rebound erased earlier losses
EconomyThe Greek equity market moved sideways this week, ending almost flat (-0.1 percent), while trading volumes were softer than the previous week. The ESM decision to freeze the implementation of short-term debt relief measures was a negative surprise, dragging the market down 3.2 percent on Wednesday
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Newsletter 101 - 23/12/2016
the summer period and the reduction in the average length of stay, according to market sources... for the both the domestic and non-domestic market fell by 4.6 and 0.3 percent, respectively. The data also
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