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  1. FinMin sees favourable macro environment from next year, boosted by RRF
    Finance Ministry

    EconomyMacroeconomy

    , which include the lower introductory income tax rate from 22 pct to 9 pct and the recently introduced

    6%
  2. NBG posts 557 mln profit in Q1
    Photo by MacroPolis

    EconomyBanking

    came to 189 million euros, a 9 percent drop QoQ. Balance Sheet Group deposits fell 0.3 percent QoQ

    6%
  3. Credit growth in May slows to 2.2 pct; monthly flow -17 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    decreased by 9 million euros compared to a 7 million-euro increase in net lending in April

    6%
  4. BoG sees growth of 4.2 pct this year but warns of multiple challenges ahead
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    -in the IFRS 9 requirements, the ratios drop to 11.8 pct and 13.8 pct. The BoG notes again that the portion

    6%
  5. Athens waits to be convinced of Ankara's willingness to talk
    Photo via https://flic.kr/p/2kYqs58

    PoliticsForeign Policy

    restored between the two sides. In fact, addressing the 25th Economist Conference in Athens on July 9

    6%
  6. Surge linked to Delta variant causes jitters about tourism, return to school
    Photo by MacroPolis

    PoliticsGreek Politics

    , from 9 pct two weeks ago. Outbreaks at major holiday destinations and apparent gaps in contingency

    6%
  7. Led by corporate lending, credit continues to grow with 2.3 pct rise in June
    Photo by MacroPolis

    EconomyMacroeconomy

    . Lending to sole proprietors increased by 87 million euros, from a decrease by 9 million in May

    6%
  8. ECB clears banks after stress tests, approves change to DTCs as momentum builds
    Photo by MacroPolis

    EconomyBanking

    the capital depletion was 8.7 pct, 2.4 pct due to IFRS 9 and 6.3 pct due to the stress test parameters

    6%
  9. Industrial production up 8.8 pct in June, continues annual recovery from 2020 lows
    Photo by MacroPolis

    EconomyMacroeconomy

    and a 6.8 percent rise in manufacturing. The mining and quarrying index was also up by 9 percent. During

    6%
  10. Turkey: Fires expose how Erdogan's regime is descending into farce and caricature
    Photo via https://flic.kr/p/2bRq62x

    Agora

    In the last two weeks, wildfires have destroyed tens of thousands of hectares of forest in Turkey's Mediterranean and Aegean provinces, killed eight people and forced thousands of people including tourists to flee. As of 9 August, fires were continuing to burn in the Mugla districts of Milas

    6%