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  1. Greek stocks edge up 0.7 pct on week, banks rise 3.8 pct for first time in last six weeks
    Photo via www.helex.com

    Economy

    The Greek equity market gained 0.7 percent this week, after losses of 2.6 percent recorded in the previous week, but trading volumes remained extremely subdued. The general index of the Athens Stock Exchange rose to 565.34 on Friday. Since the beginning of the month, it has gained 1 percent. Bank

    12%
  2. 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

    12%
  3. 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

    12%
  4. 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

    12%
  5. 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

    12%
  6. 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

    12%
  7. 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

    12%
  8. 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

    12%
  9. 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

    12%
  10. 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

    12%