MacroPolis

Grivalia Properties' H1 2016 net profits down 76 percent

Grivalia Properties’ H1 2016 results show that the group ended the first half of the year with revenue at 30.3 million euros versus 27.6 million euros for the same period last year, an increase of 10 percent.

HFSF sees market value of bank holdings plunge to 2.4 bln after closure, capital controls

The Hellenic Financial Stability Fund’s (HFSF) equity plummeted to 8.84 billion euros at the end of 2015 from 24.51 billion a year ago, according to its annual report, which was published on Friday.

Wages index up by 0.7 pct in Q1 for second straight increase

The seasonally adjusted (SA) Wages Index rose for the second successive quarter in Q1 of 2016, when it increased by 0.7 percent, slightly accelerating from the 0.4 percent jump recorded in Q4 2015, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.

Greek stocks remain flat during week, banks underperform

The Greek equity market traded sideways amid muted sessions this week, ending flat compared to the previous week’s closing.

Decline in retail sales accelerates to 8 pct in May

Greece’s retail sales index accelerated its decline in May, falling by 8 percent year on year from a revised 4.4 percent drop in April, according to data released by ELSTAT on Friday.

Titan Group: Turnover up, profits down for H1 2016

Titan Group’s H1 2016 results showed the company’s overall results had improved off the back of strong performance in their US operations as well as improved results generated in Egypt.

IMF’s independent evaluation office identifies mistakes and challenges in Greece’s first programme

The IMF published on Thursday afternoon a report on the key findings and lessons from the IMF’s engagement in the Irish and Portuguese programmes and the first Greek programme. The report, by the IMF’s Independent Evaluation Office (IEO), concludes with a number of recommendations on improving the IMF’s effectiveness in the future.

Economic sentiment improves to its highest level of 90.7 pts for 2016, consumer confidence falls by 1.2 pts

Greece’s economic sentiment (ESI) improved by 1.2 points in July after remaining stable in June, the European Commission (EC) figures showed on Thursday.

Greece's public healthcare in a muddled and troubled state

By: Omaira Gill

Greece provides a universal free or low-cost public healthcare system to employees or the self-employed insured with the country’s social security system. However, plummeting government spending and rising unemployment have led to the country’s public healthcare landscape has taken a heavy beating.

Deposit inflows of 1.07 bln in June, highest in first half of 2016

Greek private sector deposit flow remained positive for the second straight month with inflows of 1.07 billion euros in June from 183 million in May, Bank of Greece (BoG) figures showed on Wednesday.