MacroPolis

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.

Credit contraction stays stable at 2 pct in June, net additions for first time this year

Greek bank credit contraction remained stable at 2 percent in June, Bank of Greece (BoG) figures showed on Wednesday.

First phase of process to find strategic investor for ADMIE completed

The Public Power Corporation (PPC) announced on Tuesday evening the completion of the first phase for the sale of a 24-percent stake in the Independent Power Transmission Operator (ADMIE).

Budget primary surplus confirmed at 2.5 bln in H1 2016, tax revenues soar in June

Greece’s budget primary surplus was confirmed at 2.47 billion euros in the first half of 2016 from 1.88 billion a year ago, corresponding to a notable improvement of almost 31 percent, the Finance Ministry (MoF) final budget execution bulletin showed on Tuesday.

Bank of Greece report overviews lenders' profitability, urges drastic NPL management

The Bank of Greece (BoG) published on Tuesday an overview of the Greek financial sector, providing an update on the key developments and data over the past five years regarding banks’ profitability, loan quality and cards’ transactions.