MacroPolis

PMI stays at 50.5 in July with second positive reading in 11 months

01/08/2017 - 12:02

Greece’s Manufacturing PMI stayed neutral in July according to Markit, posting over the 50.0 point no-change threshold for the second time since August 2016

May retail sales show slight rise of 0.4 pct, volume increases 0.3 pct

31/07/2017 - 13:50

The turnover of Greece’s retail trade index increased marginally by 0.4 percent in May after a downwardly revised figure of 3.8 in April according to data from ELSTAT on Monday.

Overdue social security contributions increase 827 mln to 23.3 bln at end of Q2

31/07/2017 - 12:01

The stock of unpaid social security contributions (SSCs) rose by 827 million to 23.32 billion euros at the end of the second quarter (Q2) of 2017, up from 22.49 billion at the end of the previous quarter.

Economic sentiment and consumer confidence climb in July after review conclusion

28/07/2017 - 13:14

Greece’s economic sentiment (ESI) climbed by 4.2 points in July, after edging up by 0.8 points in the previous month, European Commission (EC) figures revealed on Friday.

Titan Cement posts 51.4 pct rise in net profits for H1 2017

28/07/2017 - 12:15

Titan Cement’s first-half (H1) 2017 results reveal that turnover increased by 6.9 percent to 773.8 million during the period.

Deposit inflows increase to 1.1 bln in June

27/07/2017 - 14:47

The deposit flow in the Greek banking system remained positive for the second straight month in June with inflows increasing to 1.09 billion from 638 million in May, Bank of Greece (BoG) figures revealed on Thursday.

Credit contraction accelerates to 1.3 pct in June on loan deductions of 206 mln

27/07/2017 - 14:37

The pace of credit contraction in the Greek market accelerated for the second successive month in June, reaching 1.3 percent, Bank of Greece (BoG) figures showed on Thursday.

IMF sees eurozone debt relief pledges failing to deliver sustainability

27/07/2017 - 14:21

Following the executive board meeting on July 20 that approved in principle the precautionary Stand-By Arrangement (SBA) for Greece, the International Monetary Fund published its updated Debt Sustainability Analysis, which includes the relief measures that were agreed in the June 15 Eurogroup.

IMF insists fiscal targets unrealistic, cites historical evidence to support case

26/07/2017 - 11:09

From the start of Greece’s third European Stability Mechanism, programme in the summer of 2015, the International Monetary Fund had been calling for realistic assumptions in the assessment of Greece’s debt sustainability.

Greece completes first bond issue in three years, eyes more on way out of programme

26/07/2017 - 09:27

Greece has tapped capital markets with a 5-year bond issue for the first time since 2014, raising 3 billion euros.