Finance

The  Bank of Greece on Wednesday  released its monthly report stating that the monthly net flow of total credit to the domestic private sector was negative at 458 million euros, compared with a negative net flow of 412 million in the previous month. Bank credit to the domestic private sector continued to be negative in November, with the annual rate at -2.2% from -2% in the previous month.

Well may there be slashes to thousands of ordinary Greek workers’ pensions, the Ministry of Finance is not willing to budge in the remuniration of public sector deputies following the decision of the Court of Auditors that offers as much as 100,000 euros in retroactive payments in some cases.

National Bank of Greece CEO Louka Katselli said in a statement to private Mega TV on Monday that “it is not in the interest of any bank to proceed with home foreclosures, while underlining that each bank wants to keep tis clients informed. She underlined that no bank will sell loans to foreign funds, explaining that banks in 2016 are not the same as banks in 2010.

Robbers have stolen an ATM in the town of Dupnitsa on Christmas Eve, Nova TV reported on Friday.

The ATM was loaded with some BGN 200,000 (EUR 100,000) before Christmas, Nova TV said. However, it was not immediately clear how much money there was in the ATM at the time of the robbery.

Two new circulars of the Ministry of Labour and Social Security include clarifications on the new levels of retirement age of pensioners in the special Public Utilities and bank funds as well as for those ensured by the mass media employees fund (ETAP-MME).

The Athens prosecutor has an electronic file list with thousands of bank transactions of persons in the “new” Lagarde list after HSBC whistleblower Herve Falciani handed over details on thousands of allegedly suspicious international transactions to the Greek government.

The government’s next steps were discussed during a meeting between ministers and associates, chaired by Prime Minister Alexis Tsipras. Sources state that Tsipras may call a meeting on Wednesday to discuss government planning. Issues focused upon during Tuesday’s meeting included the following:

The National Bank of Serbia (NBS) said in a statement on Saturday that the Fitch Ratings agency has revised Serbia's outlook to positive from stable.

It "affirmed its long-term foreign and local currency issuer default ratings at B+," the central bank said.

A man, aged 50, was in the center of Athens on Monday morning holding a chainsaw. He demanded to meet with the chief of the social security for agriculture (OGA) because he is having difficulties with his father’s pension subsidy.

250,000 properties are under threat following the voting of measures in the mult-bill that was adopted by Greek Parliament on Tuesday, December 15. Mortgaged properties are now in danger of heading to distress funds in a new round of negotiations due to take place in February to discuss:

– mortgage loans for first homes;