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  1. Eurobank acquires Alpha network in Bulgaria, kicking off round of consolidation abroad
    Photo by MacroPolis

    EconomyBanking

    markets. According to the announcement, the transaction is marginally capital accretive for Eurobank

    3%

  2. Sharp drop of 4.2 pct in Greek industrial turnover in May

    EconomyMacroeconomy

    and capital goods’ turnover declined by 12.2 and 7 percent respectively. On the flipside, turnover

    3%

  3. ELA funding up by 9.2 bln in June, banknotes in circulation reach all-time high

    EconomyMacroeconomy

    and reflect the heightened concerns about Grexit and imposition of capital controls with depositors

    3%

  4. Travel receipts up 17 pct in May as average expenditure per trip rebounds
    Photo by MacroPolis

    EconomyMacroeconomy

    and the imposition of capital controls, there are still hopes for a positive outcome in July and August, which

    3%

  5. IOBE think-tank sees recession of up to 2.5 pct this year, milder in 2016

    Economy

    or hypothetical improvement. Capital controls coupled with the lack of confidence would downward adjust all

    3%

  6. Rate of drop in apartment prices picks up again in Q2

    EconomyMacroeconomy

    the imposition of capital controls in late June. Housing prices and appraisals were negatively impacted

    3%

  7. Industrial production down by 4.5 pct in June for third monthly drop this year

    EconomyMacroeconomy

    displayed mixed trends. Energy and capital goods’ production posted a double-digit decrease of 14

    3%

  8. Early gains in Greek stocks cancelled out in second half of week

    Economy

    After a rebound in the first two trading sessions of the week the Greek stock market headed south in the next three days, ending with marginal losses of 0.4 percent. This follows a nosedive of 15.2 percent in the previous week, which saw the first trading after the imposition of capital controls

    3%

  9. A breakdown of Greece’s revised financing needs as part of its new ESM programme

    EconomyProgramme

    in the previous assessment. EC stresses that due to the imposition of capital controls receipts from

    3%

  10. Accommodation and food services index rises by 13.4 pct in Q2

    EconomyMacroeconomy

    and the imposition of capital controls as of June 29. The last official estimates

    3%