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  1. Credit contracts by 4.1 pct in March, loans down by 3.4 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    The year on year (YoY) credit contraction in the Greek market slightly accelerated to 4.1 percent in March from 4 percent in the preceding two months, with balances reaching 215.88 billion euros, according to the BoG. Loan balances slipped 0.4 percent MoM for the twelfth successive month with net

    2%

  2. Moody's upgrades Greek banks to stable, sees NPLs peaking at 37 pct this year
    Photo by MacroPolis

    Economy

    and regained access to the interbank market and international capital banks are seen by Moody’s

    2%

  3. 21,717,120,000
    Photo by MacroPolis

    Agora

    at the start of 2011 and forced the Swiss Central bank to heavily intervene in the foreign exchange market

    2%

  4. March fall for Greek industrial turnover is ninth in 15 months

    EconomyMacroeconomy

    , the slightly negative movement in March reflects a drop in both the domestic and non-domestic market

    2%

  5. Election results in Greece lift uncertainty, for now
    Photo by MacroPolis

    Agora

    the substance. This may explain the paradox of the Greek equity market’s post-election performance

    2%

  6. Greek credit contracts again in April but at slightly lower rate of 3.7 pct

    EconomyMacroeconomy

    The year on year (YoY) credit contraction in the Greek market decelerated to 3.7 percent in April from 4.1 percent in March, with balances easing to 215.14 billion euros, according to the Bank of Greece (BoG). Monthly net deductions slightly slipped to 674 million in April from 729 million in March

    2%

  7. Data for May shows Greek PMI in growth territory for second straight month

    EconomyMacroeconomy

    in the domestic market, with the resulting overall pick-up in new orders leading firms to raise production

    2%

  8. As Bank of Greece lines up Stournaras to take over, it reveals how risky things got during crisis

    EconomyMacroeconomy

    billion), in the week March 22-26 2010 when rumors of an imminent default prevailed in the market (2

    2%

  9. Alpha Bank acquires Citigroup's retail banking unit in Greece
    Photo by MacroPolis

    EconomyBanking

    serving 480 thousand clients Citigroup has been operating in the Greek banking market under

    2%

  10. Greek union data suggest workers get paid late or in kind

    Society

    ’ tight liquidity conditions and labour market deregulation. According to the data, which is not part

    2%