Greek banks' interest rate spread up in July‏

The interest rate spread between loan and deposits increased by 24 basis points to 3.91 pct in July, as the overall weighted average interest rate on new deposits decreased, while the corresponding rate on new loans increased, the Bank of Greece said on Wednesday.

One in three houses non-residential in Greece, report

Almost one in three houses in Greece were non-residential in 2011, a report by Hellenic Statistical Authority (ELSTAT) said on Tuesday. The statistics service, in the report, said that the number of houses in Greece totalled 6,384,353 in 2011, of which 6,371,901 were conventional houses (99.8 pct) and 12,452 were non-conventional houses (0.2 pct).

EOPYY denies having 'black hole' in its finances

The National Organisation for the Provision of Healthcare Services (EOPYY) on Monday denied having a "black hole" in its finances, saying its 2013 budget closed without creating new deficits. It also said the claim was unfounded and "seen only by those who wish the organisation's return to an era of unlimited disbursements".

Greek economy shrank by 0.3 pct in Q2‏

The Greek economy shrank by 0.3 pct in the second quarter of 2014 and despite the fact that Hellenic Statistical Authority revised upwards its initial estimate of -0.2 pct, it is clear that the Greek economy is gradually exiting its six-year recession. Finance ministry officials said an estimate for a 0.6 pct GDP growth this year was realistic following a better-than-expected tourism trend.
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