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  1. Tormenting Greece with a distorted picture
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    that it was reclassifying 6.3 billion euros of deposits from private to general government, meaning the total could no longer be directly compared with previous ones. If these 6.3 billion euros are added to January’s total... are in danger so they also withdraw cash (to the extent that capital controls allow them). The other

    4%
  2. Industrial production increases by 7.2 pct in January
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    percent of the total index. Moreover, water supply production rose by 2.1 percent, while... and quarrying production declined by 5.7 percent, but accounts for only a fraction of the total index. Three of the five main industrial groupings recorded strong growth rates in January, with capital goods

    4%
  3. Deposit outflows continue in Feb but slow to 750 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in February. Total deposits – which include those of the general government (gg) as well as of euro..., with the balance slipping to 138.8 billion. On top of private sector outflows, the flow of total... period a year ago, capital controls restrictions do not apply to withdrawals of “new” cash money

    4%
  4. Industrial production rises at record high rate of 10.8 pct in Feb

    EconomyMacroeconomy

    . In addition, manufacturing production, which holds the lion’s share of the total index, grew by 6.1 percent... of the total index. Furthermore, water supply production edged up 1.2 percent. Four of the five main industrial groupings posted a strong rebound mainly led by capital goods (+20.7 percent) and energy

    4%
  5. NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
    Photo by MacroPolis

    EconomyBanking

    at a slower pace, by 200 million QoQ from 900 million in Q4. As a result, NPE stock fell by a total of 3... basis points (bps) in the next few quarters, with a positive impact on deposit NII. However, total... is due in the second half of the year. The disposal of UBB is estimated to improve capital ratios

    4%
  6. Industrial turnover up by 8.1 pct in June for eighth consecutive rise
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    and quarrying which increased by 11.9 percent. It is noted that this sector makes up a fraction of the total... and semi-trailers (+20.7 percent) and other mining and quarrying products (+18.4 percent). A total... with energy increasing by 13.5 percent. Intermediated goods were up by 9.3 percent, capital goods

    4%
  7. Athens aiming to intensify talks with neighbours
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    political party (the party came first in 45 out of the total 81 communities and municipalities along with the capital Skopje), while Nicola Gruevski's nationalist VMRP-DPMNE (which only won three... this matter due to an increase in interest from Total and Edison regarding hydrocarbon research in certain

    4%
  8. Thessaloniki Port Authority contract signed, Hellenikon takes another step
    Photo by Giannis Papanikos/Fosphotos

    EconomyProgramme

    euros. Overall, the total value of the privatisation is expected to generate 1.1 billion euros... figures released by the Ministry of FInance, a total of 1.27 billion euros have been generated... group and VNK Capital acquired the stake through a joint investment vehicle, Voxcove Holdings

    4%
  9. Grand projects and even loftier ambitions drive Greece's energy project bonanza
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyFeatures

    symbolic 4 percent towards meeting Europe’s total gas demand, and will provide a lifeline... by Greece’s DEPA and Italy’s Edison. The total cost of the project is estimated at 220 million... with the onset of the financial crisis in 2010. According to Eurostat, Gross Fixed Capital Formation

    4%
  10. Greek banks complete first round of covered bond issues
    Photo by MacroPolis

    EconomyBanking

    structure and total value of 500-million euros. It carried a fixed interest rate with a 3-year tenor... Bank’s latest issuance brings the total value of covered bonds issued by the four systemic banks... that the bond issuance would further strengthen the bank’s presence in international capital markets

    4%