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  1. Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
    Photo by MacroPolis

    EconomyBanking

    estimates CoR to land at 140 bps for the whole year. Cumulative provisions marginally fell to 17.31

    12%
  2. Out with the old, in with the old
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    , the owner reportedly listed in his financial data a large expanse of grazing land on the island

    12%
  3. Government under pressure from TV permit and Attica Bank claims
    Photo by MacroPolis

    PoliticsGreek Politics

    a large plot of land owned by a friend on Ithaca as collateral to obtain the financial backing he

    12%
  4. Government tries to limit damage from corruption claims but more tests lie ahead

    PoliticsGreek Politics

    affair could be similar to the land-swap scandal involving the 2004-2009 New Democracy government

    12%
  5. Greek government risks mauling after straying off
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    Alexis Tsipras in the same way that the Vatopedi Monastery land-swap scandal did for Kostas Karamanlis

    12%
  6. Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln

    EconomyMacroeconomy

    point per annum and land at 23.5 percent in 2016 and further to 22.4 percent in 2017. Moreover

    12%
  7. IMF upgrades Greece’s GDP and unemployment rate estimates
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    in 2016 from 25 percent previously, while the 2017 figure is expected to land at 21.5 percent from 23.4

    12%
  8. Unemployment rate falls for second straight month, reaching 23.2 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    the unemployment rate to land at 23.3 percent this year and drop further by almost 2 percentage points

    12%
  9. Newsletter 92 - 14/10/2016

    Newsletters

    , after a decrease by 4.39 billion in August, to land at 75.31 billion, Bank of Greece figures released

    12%
  10. Current account surplus narrows to 1.82 bln in August
    Photo by MacroPolis

    EconomyMacroeconomy

    billion, while imports recorded a similar rate of decline of 5.9 percent to land at 26.36 billion

    12%