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  1. Piraeus Bank reports net profit of 164.3 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    realised so far 65 percent of the targeted cost synergies and 100 percent of funding synergies

    2%

  2. Paris talks mark start of Greece's most crucial troika review

    EconomyProgramme

    to 100. Nevertheless, the troika inspectors have not accepted such a development so far. Local media

    2%

  3. Greek primary cash surplus widens to 3.2 bln in 7-month
    Photo by MacroPolis

    EconomyMacroeconomy

    the highest monthly decline so far in 2014. Following July performance, the net increase of arrears

    2%

  4. Exports resumed a downward trend in July, imports up 10.1 pct

    Economy

    the fifth positive YoY reading so far this year. However, the 12-month trailing index still points

    2%

  5. Strong tourism season confirmed by Q2 accommodation turnover
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    the highest rise so far this year, at 29 percent to August. In 2013, more than half (55.4 percent

    2%

  6. OECD report paints grim picture for Greece's labour market
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    the nosedive in Greek wages exceeded by far those of the other OECD countries. In the other countries under

    2%

  7. Samaras tax cut pledges aimed at MPs rather than voters
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    into savings of a few euros over the course of the winter and is far from a political gamechanger. Samaras

    2%

  8. Industrial production drops 2.1 pct in July but rate of decline slows

    EconomyMacroeconomy

    The rate of drop in the Greek Industrial Production Index (IPI) slowed to 2.1 percent in July after a revised 5.4 percent decline in June, according to the Hellenic Statistical Authority (ELSTAT). The July headline figure is the sixth negative reading so far in 2014 and the sixteenth over the last

    2%

  9. Car sales up by 20.8 pct in August but rise continues to slow

    EconomyMacroeconomy

    of consumer credit disbursements so far in 2014.

    2%

  10. Vast majority of Greeks pessimistic on prospects of recovery despite coalition efforts
    Photo by MacroPolis

    Society

    The coalition’s efforts to convince Greeks that an economic recovery is on its way after six years of recession appears to be bearing little fruit so far, according to two new opinion polls. According to a Pew Research Global Attitudes survey published this week, just 19 percent of Greeks believe

    2%