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  1. HFSF records losses of 578 mln in Q1 on negative revaluation of bank holdings
    Photo by MacroPolis

    EconomyBanking

    14,338 euros a year ago. During Q1, the fund received 30 million from one (ATEbank) of the 12 banks

    5%
  2. How Greece's political system failed to safeguard the largest investment in the country's history

    Agora

    exercise date. Of the 12 banks under resolution, the HFSF estimates the recoverable amount at 2.02 billion

    5%
  3. IMF upgrades Greece’s GDP and unemployment rate estimates
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    In its latest World Economic Outlook (WEO) published on Tuesday, the International Monetary Fund was upbeat in its estimates regarding Greece’s GDP and unemployment rate, upgrading its previous forecasts released on April 12. GDP is now expected to grow by 0.1 percent in 2016 compared

    5%
  4. Unemployment rate falls for second straight month, reaching 23.2 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    down by 5,400 to 1.12 million. Over the last 12 months, the number of employed has increased

    5%
  5. Trade deficit rises 11.6 pct in Aug on slight increase in imports and stable exports
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    countries retreated by 12 percent. In addition, exports to EU countries edged down 0.6 percent, while

    5%
  6. Greek stocks rebound 2.1 pct, banks climb 5.7 pct
    Photo via www.helex.com

    Economy

    the past five weeks. The top gainers this week included Mytilineos (+15.4 percent), GEK TERNA (+12

    5%
  7. Industrial production down 0.3 pct in Aug for first fall since Mar

    EconomyMacroeconomy

    (-12 percent) followed by consumer non-durables (-4.9 percent), while energy production slipped 0.7

    5%
  8. Athens mulls Erdogan comment on Aegean islands, sees Cyprus talks dragging on
    Photo by Ardac via Flickr https://flic.kr/p/oY8HxB

    PoliticsForeign Policy

    of these territories and islands being settled or to be settled by the parties concerned.” Article 12 of the same

    5%
  9. Greek households continue to slash spending on goods and services

    Society

    was down in 11 of the 12 categories included in the survey, the biggest falls in durables (-8.6

    5%
  10. September drop of 3.1 bln is 15th straight month of decline in Eurosystem funding
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    , its lowest level since December 2012. It has dropped by more than 12 billion euros since June 2015

    5%