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Image via Industrial turnover drops by 6.7 pct in March

Greece’s industrial turnover fell by 6.7 percent year-on-year (YoY) in March compared to an upward revised increase of 8 percent in February, Hellenic Statistical Authority (ELSTAT) data published on Monday showed.

Primary cash balance at surplus of 232 mln in Apr

Greece’s central government primary cash balance recorded a surplus of 232 million euros in the first four months of the year according to figures released by the Bank of Greece (BoG).

Photo by MacroPolis Banks focus on reducing NPLs linked to property

As Greece’s systemic banks enter their first quarter reporting cycle, what’s happening with their bad loan pile is one of the main performance indicators that observers are keeping their eyes on.

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