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Industrial production back on downward trajectory with 1.9 pct drop in Oct
EconomyMacroeconomyin October, while lower drops were recorded by consumer durables (-4 percent), energy (-2.1 percent
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Management of NPLs to test gov't in negotiations with lenders
Economyscheme for liquidators in consultation with the Hellenic Financial Stability Fund (HFSF). 4) Set up
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Greek firms rely on public procurement most in EU but also suspect corruption, survey indicates
Societyasked to or expected to pay a bribe for building permits, while 4 percent of companies in Italy say
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Poposki visit significant but Greek-FYROM relations yet to find sure footing
PoliticsForeign Policydiscussed with US Secretary of State John Kerry during the latter’s visit to Athens on December 4. During
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Gov't postpones discussion on parallel programme ahead of tranche approval
Economymunicipal taxes. 4) Extension by one year of subsidised electricity, food tokens and sheltering
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Industrial turnover dives 18.9 pct in Oct, highest drop over last six years
EconomyMacroeconomyand consumer durables displayed smaller decreases of 4 and 1.8 percent respectively. On the flipside
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Notable increase in grants to social security sector leads to budget primary deficit in Nov
Economy) Other social security fund expenditure (at zero versus a FY target of 446 million) 4) Grants
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Gov't hits back as pension reform row heats up
EconomyProgrammethe sustainability of the pension system. 4) The pension cost in Greece stands at 17.5 percent of GDP
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Gov't mounts defence of pension plan but lenders' approval may take time
PoliticsGreek Politicspensions would increase by 1 percentage point (from 3 to 4 percent). Government spokeswoman Olga
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Time deposit rate eases by another 5 bps in Nov, average loan rate drops 16 bps
EconomyMacroeconomyon total new deposits slipped by another 4 bps to 0.58 percent in November, which is also the lowest
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