Economy
Economic sentiment down 1.7 pts in May, consumer confidence up for second straight month
Economic sentiment fell by 1.7 points in May after improving cumulatively in the previous two months, European Commission figures showed on Tuesday.
Marfin Investment Group sales down 0.2 pct in Q1
Marfin Investment Group’s (MIG) Q1 2017 financial report showed a marginal decline of 0.2 percent in sales compared to the same quarter last year.
Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
The pace of credit contraction in the Greek market further slowed to 0.9 percent in April from 1.3 percent in the previous month, Bank of Greece (BoG) figures showed on Monday.
Deposit flow turns negative again in April with outflows of 139 mln
The deposit flow in the Greek banking system turned negative again in April, with outflows of 139 million following inflows of 278 million in the previous month, Bank of Greece (BoG) figures showed on Monday.
Stocks record weekly losses of 0.7 pct in wake of inconclusive Eurogroup
The Greek stock market dropped 0.7 percent for the second straight week in the aftermath of Monday’s inconclusive Eurogroup.
China's bumpy road to Greece
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At a time when investments in Greece are considered too risky by most foreign counterparts, Greece has found itself a potential ally in China.
Greek SMEs struggle most for finance versus eurozone peers
The latest ECB semi-annual survey on access to finance for eurozone enterprises showed that Greek SMEs continue to face some of the biggest hurdles.
Motor Oil Hellas' net profits rise 83 pct in Q1
Motor Oil Hellas’ Q1 2017 financial statement shows that the group’s net profits came to 89.2 million euros, up 83 percent from the Q1 2016 figure of 48.6 million.
Apartment prices decrease at a sharper pace by 1.8 pct in Q1
Apartment prices fell by 1.8 percent year-on-year in Q1 2017 following an upwardly revised drop of 1 percent in Q4 2016, Bank of Greece data showed on Thursday.
Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
Piraeus Bank trimmed its net losses to 6 million euros in the first quarter (Q1) of 2017 from 12 million in the previous quarter.