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  1. Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
    Photo by MacroPolis

    EconomyBanking

    . The cost of risk stood at 2.2 percent in Q1 and management expects a lower figure between 150-200 bps

    2%

  2. Economic sentiment down 1.7 pts in May, consumer confidence up for second straight month
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    (+2.2 points) and industry confidence indicator (+1.2 points). On the flipside, the construction

    2%

  3. Stocks up 3.1 pct during week to reach fresh two-year high
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    Power Corporation - PPC (-4.7 percent), Titan (-4.1 percent) and Jumbo (-2.2 percent). The daily

    2%

  4. European Commission's DSA reveals serious concerns over debt sustainability, need for relief
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    points (pp) after 2022 and leveling off at 2.2 percent as of 2025. In its most recent DSA, the IMF

    2%

  5. April retail sales up by 4.6 pct, volume rises 3 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    stores (-2.5 percent), furniture, electrical equipment and household equipment (-2.2 percent

    2%

  6. GDP rises by 0.5 pct in Q2 as signs of recovery emerge
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    published on May 11, expecting GDP to grow by 2.1 percent. The IMF estimate is slightly higher at 2.2

    2%

  7. Industrial production grows 1.7 pct in July for tenth positive reading in a row

    EconomyMacroeconomy

    production index fell by 2.2 percent during the period. August’s industry confidence indicator

    2%

  8. Unemployment rate edges down to 21.1 pct in Q2, lowest since Q4 2011
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    pace by 2.2 pp to 25.4 percent. The breakdown by age revealed that the jobless rate among the 20-24

    2%

  9. Study shows 341 mln a year in tax lost from short-term rentals
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    are under a higher tax rate than other competitor countries, which drives the final price up by between 2.2

    2%

  10. Despite talks in US, review still looms large
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to adopt more fiscal measures in 2018. The Washington-based organisation expects a 2.2 percent

    2%