Economy
Tax arrears rise again in August as 645 mln in new debt added for total of 6.92 bln this year
Greece’s new unpaid taxes resumed an accelerating trend growing by 645 million euros in August from 388 million in July, General Secretariat of Information Systems (GSIS) data showed on Monday.
Greek stocks gain 3.5 pct during week as investors wait for election fog to clear
Greek shares traded mostly on positive ground this week, with the Athens Stock Exchange general index recording gains of 3.5 percent.
Industrial turnover records its sharpest drop in six years, down 15.4 pct in July
The Greek Turnover Index in Industry dropped by 15.4 percent in July from a revised 12.9 percent decline in June, Hellenic Statistical Authority (ELSTAT) figures showed 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 eases to 24.6 pct in Q2 as number of employed jumps
After increasing in the preceding two quarters, the non-seasonally-adjusted unemployment rate fell by two percentage points (pp) to 24.6 percent in the second quarter (Q2) of 2015 from 26.6 percent in Q1, the Hellenic Statistical Authority (ELSTAT) data displayed on Thursday.
Budget revenues rebound in August but shortfall remains at 4.2 bln
Greece’s budget primary surplus almost doubled to 3.8 billion euros in the 8-month period of 2015 from 1.95 billion euros last year, the Finance Ministry (MoF) preliminary budget figures showed on Wednesday.
Assessing the health of Greek banks' loan portfolios
The Asset Quality Review (AQR) that is currently being conducted by the Single Supervisory Mechanism (SSM) of the ECB along with a stress test exercise will determine the capital needs of Greek banks that are due to be published in the second half of October.
Services sector turnover deteriorates in Q2
After an improvement in the preceding two quarters, the evolution of the turnover indices for the services sector recorded a deterioration in the second quarter (Q2) of 2015, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday.
ELA funding down by 1.23 bln in August for second successive fall
Greek banks’ Eurosystem funding eased for the second successive month in August, when it fell by 1.23 billion euros after a drop by 1.29 billion in July, Bank of Greece's (BoG) monthly financial statement showed on Monday.
Greek bank recapitalisation: The story so far and what lies ahead
The Greek bank recapitalistion process will be one of the most pressing issues that the new government due to emerge from the September 20 snap elections will have to tackle.
Eurogroup sets out key dates ahead for Greek programme
The Eurogroup held in Luxembourg on Saturday was the first meeting of the eurozone finance ministers after the signing of the third bailout programme and the disbursement of the first 13 billion euros. It provided an opportunity for all sides to assess the state of play.