Macropolis

Slight deterioration in services sector turnover in Q3

15/12/2015 - 11:50

The majority of the turnover indices for the services sector fell in the third quarter (Q3) of 2015 for the second successive quarter, Hellenic Statistical Authority (ELSTAT) figures displayed on Tuesday.

Sharp drop of 5.3 bln for Greek ELA funding after completion of capital increases

14/12/2015 - 20:33

Greek banks’ Eurosystem funding fell by 5.98 billion euros in November following a drop by 2.01 billion in October, Bank of Greece's (BoG) monthly financial statement displayed on Monday.

Greece concludes regional airports deal, more privatisations lie ahead

14/12/2015 - 14:02

The Hellenic Republic Asset Development Fund (HRADF) announced on Monday that it has signed the long-awaited 40-year concession agreement for the upgrade, maintenance, management and operation of 14 regional airports.

Multi-bill tabled in Parliament, paves way for sale of NPLs

14/12/2015 - 01:57

The government tabled in Parliament on Saturday evening the multi-bill containing the prior actions demanded by the institutions for the disbursement of the next sub-tranche of 1 billion euros.

Greek stocks down by 4.8 pct during week for third straight fall

11/12/2015 - 22:56

The Greek stock market was down 4.8 percent this week for its third successive fall, which was fueled by trading reasons related to the stock overhang after the introduction of new bank shares as well as the rebalancing of stocks’ weightings in various indices.

Building activity down by 3.5 pct in Sept for third straight fall

11/12/2015 - 12:57

Greek building permits fell for the third straight month in September but at a decelerating pace of 3.5 percent from 11.4 percent in August, Hellenic Statistical Authority (ELSTAT) data displayed on Friday.

Greece and lenders seen inching towards deal on ADMIE

11/12/2015 - 11:23

The Greek government and the institutions have reportedly reached an initial agreement on the privatisation of the electricity transmission company (ADMIE), which is one of the 13 milestones Greece has to implement to receive the next sub-tranche of 1 billion.

Management of NPLs to test gov't in negotiations with lenders

11/12/2015 - 10:01

Following an agreement on foreclosures that was part of the first set of milestones, Greece now has to reach an accord with the institutions on a non-performing loan (NPL) strategy.

Unemployment nudges down to 24.6 pct in Sept

10/12/2015 - 14:42

Greece’s jobs market remained on the slow path to recovery in September, when the unemployment rate reached 24.6 percent from an upward revised 24.7 percent in August.

Industrial production back on downward trajectory with 1.9 pct drop in Oct

10/12/2015 - 14:41

After rising in the preceding two months, Greek Industrial Production Index (IPI) fell by 1.9 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.