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  1. S&P affirms Greece’s rating with stable outlook

    Economy

    growth of 2 percent in 2017, 2.5 percent in 2018 and 3 percent in 2019. On the banking sector, the rating

    8%
  2. Government eases capital controls further, aiming to restore depositor confidence
    Photo by MacroPolis

    Economy

    at the Parliament on July 20, Alternate Finance Minister Giorgos Houliarakis said that 3 to 4 billion

    8%
  3. Budget primary surplus confirmed at 2.5 bln in H1 2016, tax revenues soar in June

    EconomyMacroeconomy

    . For the 6-month period, the aggregate figure increased by 3 percent to 18.83 billion euros, 2.1 billion

    8%
  4. CPI tumbles by 1 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    , prices in health increased by 3.4 percent, in hotels, cafes and restaurants by 3 percent and in foods

    8%
  5. Industrial production surges 7.5 pct in June, with highest growth rate since 2001

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) soared 7.5 percent in June following an upward revised rise by 3 percent in May, Hellenic Statistical Authority (ELSTAT) data displayed on Tuesday. The headline figure for June is the third straight positive reading and the highest since 2001, from when

    8%
  6. Final list of bidders confirmed ahead of contentious auction for TV permits
    Photo by MacroPolis

    PoliticsGreek Politics

    of companies that will bid for the licenses, with the government asking for a minimum of 3 million euros

    8%
  7. Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
    Photo by MacroPolis

    EconomyMacroeconomy

    . Overall, economic sentiment eased by 0.4 points in Q2 after an improvement by 3 points in Q1

    8%
  8. Lower bad loan provisions and increased write-offs for Greek banks in Q2
    Photo by MacroPolis

    Economy

    , and have increased by more than 3 percentage points from the Q2 2015 figure of 18.4 percent

    8%
  9. Athens sticks by effort to build bridges with FYROM
    Photo by Hectorlo via Flickr https://flic.kr/p/rvq8v7

    PoliticsForeign Policy

    (Monastiri). Greece also values the fact that 3 million people from FYROM visited Greece

    8%
  10. Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
    Photo by MacroPolis

    EconomyBanking

    by a rise in core expenses by 3 percent. Net interest income (NII) edged up by 1 percent QoQ to 484 million

    8%