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  1. Moody's upgrades Greek rating to 'Caa2', changes outlook to positive
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Moody’s upgraded Greece’s credit rating by one notch to ‘Caa2’ from ‘Caa3’ on Friday evening. It also changed the outlook to positive from stable, in its scheduled credit rating review. This is the first upgrade since January 22, 2016, when S&P upped the Greek rating by one notch to ‘B-‘, which

    7%
  2. Deposit flow in positive territory at 638 mln in May
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by around 2.5 billion. It is also worth noting that the ECB decided on June 8 and 22 to further reduce

    7%
  3. Unemployment rate falls to 21.7 pct in April, lowest since Jan 2012
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment declined to 21.7 percent in April from a downwardly revised rate of 22 percent in March, the Hellenic Statistical Authority (ELSTAT) labour force survey revealed on Thursday. The headline figure is the lowest jobless reading since January 2012

    7%
  4. Newsletter 126 - 07/07/2017

    Newsletters

    ) unemployment declined to 21.7 percent in April from a downwardly revised rate of 22 percent in March

    7%
  5. Budget surplus at 1.94 bln in 6-month, 1.51 bln above target on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 58.8 percent to 836 million, off target by 22 million. Moreover, expenditure also recorded

    7%
  6. Parents main source of income for most young Greeks
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    had found a job in the last 12 months. The average age when they found employment was 22

    7%
  7. Budget primary surplus at 1.94 bln in H1, beating target by 1.5 bln on underspend
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 836 million, 22 million lower than target. Furthermore, expenditure declined by 30.3 percent to 908

    7%
  8. General govt primary cash surplus falls to 2.63 bln in six-month, arrears rise to 5.13 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 7.94 billion constitutes 22 percent of the overall amount. Arrears Arrears to the private sector

    7%
  9. Drop in apartment prices continues with slower decline of 1.2 pct in Q2
    By Natasha Pantazopoulou

    EconomyMacroeconomy

    by more than a quarter since the end of 2010 on net deductions of around 22 billion. At the end of last

    7%
  10. Alpha Bank remains profitable in Q2, NPEs reduced further
    Photo by MacroPolis

    EconomyBanking

    of the available-for-sale portfolio (22 bps), the reduction in risk weighted assets (19 bps

    7%