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  1. Athens watches Turkey-Russia rapprochement with interest
    Photo by Vicente Villamón via Flickr https://flic.kr/p/6MoX4Y

    PoliticsForeign Policy

    the mass returns the EU wishes to see, according to Greek officials. Energy projects Athens has also

    1%

  2. Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
    Photo by MacroPolis

    EconomyMacroeconomy

    for the Greek economy. In its monetary policy report released in mid-June, Bank of Greece projects a mild

    1%

  3. Eurobank remains profitable with net profits of 46.2 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    profound as it retreated by 4 percent in H1. For the whole year, the bank projects operating expenses

    1%

  4. Fitch affirms Greece’s rating at ‘CCC’

    Economy

    ) of the year with the recession seen at 0.5 percent for the whole year. For next year, Fitch projects

    1%

  5. Unemployment rate edges down to 23.4 pct in June, lowest since March 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    to the most recent estimates, the European Commission projects the unemployment rate to ease to 24.7

    1%

  6. Greece’s embattled commercial steel market industry braced for more challenges
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyFeatures

    years. Analysts have noted that recent resumptions in major construction concession projects did

    1%

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

    EconomyMacroeconomy

    , while the draft budget does not provide any breakdown of the anticipated privatisation projects. Revenue

    1%

  8. IMF sees primary surplus of 0.7 pct of GDP in 2017, debt ratio peaking at 184.7 pct

    Economy

    of 1.75 percent. Going forward, the IMF projects Greece’s primary surplus at 1.6 percent of GDP

    1%

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

    EconomyMacroeconomy

    falling to 23.5 percent in 2016 and further to 22.4 percent in 2017. Moreover, the IMF projects

    1%

  10. OECD expects Greek economy to recover, stresses need for structural reforms and debt relief
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    and political environment. The OECD projects zero GDP growth in 2016, from a mild recession of 0.2 percent

    1%