Banks turn to corporate loans
The economic crisis and the resulting credit crunch are leading to a major shift in the growth model pursued by banks, relying more on loans to corporations.
- Written by E.Tsiliopoulos
Summer sales dragging
Retail sales were lower during the second week of the summer discounts compared to the first week of the season, according to a Greek commerce confederation ESEE survey.
- Written by E.Tsiliopoulos
KEPE Forecasts 6% Average Real GDP Growth Rate
The Centre of Planning and Economic Research (KEPE) stated today that Greece's yearly average growth rate of real GDP, has been predicted to hit 0.6%.