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Alpha Bank remains profitable in Q2, NPEs reduced further
EconomyBanking. Provisions are seen close to 1 billion in 2017. Balance Sheet Eurosystem funding fell by 2 billion
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Centre-left leadership candidates step forward as unity doubts linger
PoliticsGreek Politicssuggests backing for Theodorakis’s party stands at just 2 percent. This means an alliance between PASOK
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General govt primary cash surplus at 4.10 bln in seven-month, arrears rise to 5.44 bln
EconomyMacroeconomy. The deficit in local government eased to 2 million euros, improving on the previous month’s deficit
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Greek banks meet NPE reduction targets in Q2, write-offs remain primary source of reduction
EconomyBankingon the asset quality trends in Q2, BoG noted that the quarterly default rate remains over 2 percent
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Industrial production grows 1.7 pct in July for tenth positive reading in a row
EconomyMacroeconomyconfidence indicator improved by 2 points. Additionally, the Markit Manufacturing PMI rose over the 50-point
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Third review agenda becoming more complex for Tsipras
PoliticsGreek Politicsunpaid taxes also shot up by just over 2 billion euros compared to a rise of 727 million euros in June
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Athens Conference on European Energy Law
Legalimplications and prospects of regional cooperation in the exploitation of hydrocarbons. 2. Transnational
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Unemployment rate edges down to 21.1 pct in Q2, lowest since Q4 2011
EconomyMacroeconomy, the jobless rate has declined by 2 percentage points (pp) from the Q2 2016 figure of 23.1 percent
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Primary cash surplus falls to 276 mln surplus at end of August amid revenue decline
EconomyMacroeconomypreviously, this year’s figure includes a one-off item of around 2 billion euros related to National
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Industrial turnover up by 8.6 pct in July, positive for eighth month
EconomyMacroeconomyto -3.7 in August. In the year to date, industry confidence has improved by 2 points.
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