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  1. Credit contraction slows to 1.6 pct in July, loan deductions jump to 638 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    Credit contraction in the Greek banking market decelerated to 1.6 percent in July from 2 percent in June, Bank of Greece (BoG) figures showed on Friday. The July headline figure represents the slowest rate of drop over the past twelve months. Loan balances fell by more than 1 billion euros from

    11%

  2. Retail sales drop for thirteenth straight month by 5.2 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    respectively. It is worth noting that the seasonally adjusted retail sales and volume rebounded MoM by 1

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  3. Eurobank remains profitable with net profits of 46.2 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    in Q1 and 134.3 percent a year ago. The phased-in Common Equity Tier 1 (CET1) ratio, pro-forma

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  4. H1 exports show notable fall in many sectors but agricultural products buck trend
    Photo by MacroPolis

    Economy

    and food and live animals slipped 0.7 percent. The breakdown by region displayed a modest drop of 1

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  5. Talk of refugee returns adds to stretched Greece's anxiety
    Photo by MacroPolis

    PoliticsForeign Policy

    Greece and Italy as of September 1, against a target of 160,000 by September 2017. Greece’s fears

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  6. The great turn-off: Greece's TV permits auction

    Agora

    is in the Internet but even then it is only at +1. The greater faith in the Internet is an indication

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  7. Trade deficit expands by record 88.9 pct in July

    EconomyMacroeconomy

    , while those to the EU eased 1 percent. Moreover, imports from EU countries rose by 3.4 percent, while

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  8. Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead

    Agora

    remain adequately capitalized with their phased-in Common Equity Tier 1 (CET1) ratios remaining above

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  9. Unemployment rate edges down to 23.4 pct in June, lowest since March 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    half of this drop, falling by 1 pp to 27.8 percent in June. The breakdown by age displayed lower

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  10. CPI drops by 0.9 pct in August

    EconomyMacroeconomy

    Τhe Greek Consumer Price Index (CPI) fell at a slightly slower pace of 0.9 percent in August, after dropping by 1 percent in July, Hellenic Statistical Authority (ELSTAT) data displayed on Friday. In contrast, the harmonised index of consumer prices (HICP) edged up for the third straight month

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