Economy
Greek stocks edge down 1.3 pct during week, banks perform poorly again
The Greek stock market fell by 1.3 percent this week, with banks posting notable losses of 7.6 percent for the second successive week
The story behind Attica Bank, the non-systemic lender thrust into the spotlight
Attica Bank finds itself in the frontline of Greek political and banking developments after the Bank of Greece (BoG) rejected the nominations for the top positions, including the chairman and CEO, at the lender.
Ellaktor closes gap on losses, increases turnover in H1
The Ellaktor group of companies has released its H1 results, showing that consolidated turnover came to 847.5 million euros, an increase of 14.1 percent compared to 742.8 million euros in the first half of last year.
Folli Follie revenues rise 9.8 pct in H1
Greek jewellery and fashion accessory designer and retailer Folli Follie’s H1 results show that the group’s consolidated revenues reached 652.7 million euros, an increase of 9.8 percent on the 594.3 million euros from H1 2015.
Wages index sees strong rebound of 4.6 pct in Q2
The seasonally adjusted (SA) Wages Index increased for the third straight quarter at a notably accelerating pace of 4.6 percent in the second quarter (Q2) of 2016 following a rise by 0.7 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures displayed on Friday.
![en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2013/10/10/unemployment_1000_myrto_1010-medium.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
Unemployment rate falls to 23.1 pct in second quarter, lowest since Q2 2012
The Greek non-seasonally adjusted unemployment rate edged down to 23.1 percent in the second quarter (Q2) of 2016 from 24.9 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures displayed on Thursday.
Turnover in services sector worsens again in Q2
Most of the turnover indices for the services sector fell year on year in the second quarter (Q2) of 2016, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Eurosystem funding falls by another 4.4 bln in August
Greek banks’ Eurosystem funding remained on a downward trend for the fourteenth successive month in August, when it dropped by 4.39 billion euros, after a similar fall of 4.3 billion in July, Bank of Greece's (BoG) monthly financial statement displayed on Wednesday.
Who pays property tax and how much revealed by Greek authorities
The General Secretariat of Public Revenues (GSPR) published on Tuesday evening the results of the single property tax (ENFIA) settlement along with comparisons to last year. It also provided insight into who paid the levy.
Turnover in tourism sector edges down 1.1 pct in Q2
The Turnover Index in Accommodation and Food Services slipped again in the second quarter (Q2) of 2016, albeit at the notably slower pace of 1.1 percent from a downward revised drop of 11.2 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures displayed on Tuesday.