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  1. Greeks trust social media more than news media, Reuters study shows
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    consumers (down by -1 percent), and computers by 70 percent (down by -2 percent). Breaking down the surveys

    5%

  2. Five-month budget primary surplus confirmed at 1.84 bln, beats target by 790 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    period, down by around one quarter from last year, while overshoot target by 791 million. Revenues... direct taxes edged down by 0.3 percent. In the 5-month period, gross revenues slightly rose by 0.5... surplus of 12 million in the 5-month period, sharply down from last year’s figure of 831 million

    5%

  3. Building activity falls by 0.9 pct in April
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    characteristics of each building permit. Broken down on a regional basis, a rise in building permits was noted... successive year, with building permits falling at a sharper pace of 5.5 percent after edging down by 0.9... the beginning of 2011, having reached 15 billion by April 2017 and pushing the balance down by 24.7

    5%

  4. Building activity up by 45.7 pct in May, highest since Dec 2005
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to the individual characteristics of each building permit. Broken down on a regional basis, rises in building... edging down by 0.9 percent in 2015. Moreover, building surface and volume dropped at double-digit rates... the balance down by 24.7 percent over this period. BoG recently said that 42.2 percent of residential loans

    5%

  5. Athens readies labour legislation, but not to cross off prior actions
    Photo by Giannis Papanikos/Fosphotos

    PoliticsGreek Politics

    to be flouting the rules could be shut down for up to three days, according to reports. Firms that break... workers’ rights and crack down on employers who are not treating their employees’ properly... adopting legislation that clamps down on unruly employers or improves workers’ rights. It should

    5%

  6. Credit contraction continues in July with 1.2 pct decline
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , with the outstanding balance edging down to 13.08 billion. On the flipside, deductions in the household lending... in June pushing the balance down to 85.08 billion. Specifically, net deductions in the housing loan... years, with the loan balance down by more than a quarter on the back of continued deleveraging. Net

    5%

  7. CPI up by 0.9 pct in August, staying positive for eighth consecutive month
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) rose by 0.9 percent in August, edging down from July’s figure..., respectively. The harmonised index of consumer prices (HICP) rose by 0.6 percent in August, down... percent while a decline in air tickets led transport prices to go down by 0.8 percent. A fall

    5%

  8. Credit contraction eases to 0.9 pct in August

    EconomyMacroeconomy

    proprietors posted net deductions of 28.2 million, with the outstanding balance edging down to 12.95 billion... easing to 150 million in August from 164 million in July and pushing the balance down to 84.70 billion... contraction in the Greek market for the last six years, with the loan balance down by more than

    5%

  9. Newsletter 135 - 13/10/2017

    Newsletters

    on October 10 to bring down outstanding arrears ahead of review negotiations. Targets require.... This was interpreted as a positive sign in Athens, especially in the wake of the Fund apparently backing down over its... of deflation. The core index edged down by 0.1 percent after a rise of 0.2 percent in August, while

    5%

  10. Eurobank net profit at 61.2 mln in Q3, NPE formation negative for fourth straight quarter
    Image via www.eurobank.gr

    EconomyBanking

    at 26 million in Q3 down by 69 percent from the Q2 figure of 85 million. The NPL stock was reduced... loans edged down by 400 million to 48.3 billion in Q3 on the back of lower housing and consumer loan...-to-date basis. Capital The phased-in Common Equity Tier 1 (CET1) ratio edged down to 15.1 percent in Q3

    5%