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  1. Retail sales fell by 1.7 percent in June, after a short-lived rise in May
    Photo by MacroPolis

    EconomyMacroeconomy

    months. Retail volume posted a modest drop of 0.4 percent in June after a strong rebound by 4.1... turnover has dived by almost 24 percent since 2009, primarily reflecting a sharp drop in disposable

    2%

  2. Study shows deep impact of capital controls on retail sector
    Photo by MacroPolis

    Economy

    . In absolute terms, the drop reached 520 million euros in July and 620 million in August, with turnover.... The study revealed that clothing and footwear suffered the most as the drop in their turnover

    2%

  3. Wages index drops in Q2 to its lowest level since 2001

    EconomyMacroeconomy

    then, the wages index displays a sharp drop by more than 29 percent attributed to the internal devaluation... (NSA) wages index showed a decline of 4.2 percent YoY in Q2 accelerating from the 0.7 percent drop

    2%

  4. Building permits shoot up by 14.7 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    forecasts were calling from a further drop in residential prices by 3.7 percent in 2015 and 1.2... drop in apartment prices in the next two years. Building activity is also related to the evolution

    2%

  5. ELA funding down by 1.23 bln in August for second successive fall
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding eased for the second successive month in August, when it fell by 1.23 billion euros after a drop by 1.29 billion in July, Bank of Greece's (BoG) monthly financial... is attributed to deposit inflows, since the respective drop in July was accompanied by total outflows

    2%

  6. Tsipras confounds expectations, creates new doubts by reviving coalition

    PoliticsGreek Politics

    difference was a surprise, as was the fact that SYRIZA saw its January support drop by less than 1... for centrist party To Potami, which saw its support drop from 6 percent in January to 4.1 percent

    2%

  7. Tax arrears rise again in August as 645 mln in new debt added for total of 6.92 bln this year

    Economy

    a drop by 20 percent year on year (YoY). Similarly, the average monthly increase in the 8-month period... of 2014 – slipped by 97 million month on month (MoM) to 72.18 billion in August. The monthly drop

    2%

  8. New time deposit rate fell 12 bps in August to record low of 1.19 pct amid capital controls

    EconomyMacroeconomy

    Following a sharp drop by 50 basis points (bps) in July, Greek households’ new time deposit rate fell by another 12 bps to 1.19 percent in August Bank of Greece (BoG) figures showed on Thursday... for amounts above 1 million euros soared by 76 bps to 4.70 percent offsetting the cumulative drop

    2%

  9. CPI falls at accelerating rate of 1.7 pct in Sept

    EconomyMacroeconomy

    drop in August. The breakdown of the CPI fall showed eight of the twelve main groups and services... Ministry expects HICP to drop 0.5 percent in 2015 and rebound by 1.3 percent in 2016. Similar

    2%

  10. Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
    Photo by MacroPolis

    Economy

    income by 1 percent QoQ to 597 million. After a drop in Q1, expenses headed north in Q2 increasing by 1... banks posted lower deposit, but higher ELA, costs in Q2 coupled with a drop in fee income. Core pre

    2%