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  1. Average wealth in Greece down by 17.1 pct since last year

    Society

    stock market recorded the biggest nosedive at 54.9 percent. However, the 17 percent drop in household

    2%

  2. Greek stocks up by 1.3 pct this week on banks’ 12.4 pct rebound

    Economy

    The Greek stock market saw only marginal movement this week except on Thursday when it rebounded 2.7 percent, led by a sharp rise of bank shares by 13.9 percent amid rumors that capital needs would be manageable. Overall, Greek shares edged up for the second straight week but at a slower pace

    2%

  3. Privatisation chief sees gradual progress but revenues remain unclear

    Economy

    in OLP, while 67 percent is up for sale. Its current market value is 272 million euros. HRADF also

    2%

  4. Piraeus Q3 trading update shows significant acceleration in NPL formation
    Photo by MacroPolis

    EconomyBanking

    , the bank had zero balance in the interbank repo market. Piraeus refrained from providing any P&L figures

    2%

  5. Government meets resistance on TV permits and revenues chief
    Photo by MacroPolis

    PoliticsGreek Politics

    that the bill does not seek to regulate the whole of the broadcasting market, but only part of it. The key

    2%

  6. NBG Q2 trading update shows higher pre-provision income, marked improvement in NPL formation
    Photo by MacroPolis

    EconomyBanking

    to 41 million euros. In the domestic market, housing loans showed a material improvement in the NPL

    2%

  7. Travel receipts rebound by 7.3 pct in August, partly reflecting higher spending per trip

    EconomyMacroeconomy

    to market stabilization, successful completion of bank recapitalization and restoration of liquidity

    2%

  8. Greek shares up for the third straight week on strong performance from banks

    Economy

    The Greek stock market headed north for the third successive week posting gains of 3.9 percent mainly driven by banks (+18.6 percent), which continued recording strong gains for the third week in a row. The quadriga’s mission chiefs concluded on Friday their 3-day visit to Athens, the first after

    2%

  9. Greeks second biggest losers from economic crisis, says ECB

    Society

    . This loss is almost entirely due to the collapse in the domestic housing market and in the sharp

    2%

  10. Credit contraction slows to 1.5 pct in Sept on marked drop in corporate loan deductions

    EconomyMacroeconomy

    million. Bank credit in the Greek market entered into negative territory for the first time

    2%