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  1. CPI rise by 0.1 pct YoY in May, turning positive on energy base effects
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    negative for the previous 13 months. December’s 2.3 percent drop surpassing the previous lowest...-alcoholic beverages, a 0.3 percent drop in alcoholic beverages and tobacco and a 5 percent fall

    2%

  2. BoG sees growth of 4.2 pct this year but warns of multiple challenges ahead
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    further strengthened by the mild drop of 2.3 pct annually seen in the first quarter, as the authorities...-in the IFRS 9 requirements, the ratios drop to 11.8 pct and 13.8 pct. The BoG notes again that the portion

    2%

  3. Economic sentiment stable in June, but consumer confidence drops
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    point on record. Retail trade showed a modest drop of 2.2 points month-on-month, staying positive..., after a drop in May by 7.2 points. Even so, compared to May last year when it hit a low of -76.1 points

    2%

  4. Retail sales soar by 38.9 pct YoY in April, a year after first lockdown
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales index jumped by 38.9 percent year-on-year (YoY) in April, following a revised drop of 2.9 percent in March, according to Hellenic Statistical Authority data released... had a modest drop of 2.2 points month-on-month, however, staying positive at 2.8 points.

    2%

  5. June CPI rises by 1 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    negative for the previous 13 months. Last December’s 2.3 percent drop surpasses the previous lowest... and non-alcoholic beverages, a 0.8 percent drop in households equipment and a 1.3 percent fall in health

    2%

  6. Fitch maintains Greek 'BB' rating with stable outlook amid some lack of visibility
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    the government’s forecast that sees debt-to-GDP drop to under 190 pct by next year. This year’s growth... will be enhanced. The banks remain an ongoing vulnerability, despite the drop in the NPE ratio to 30 pct from 40.6

    2%

  7. CPI up by 1.4 pct in July as higher fuel prices and cost of electricity filter through

    EconomyMacroeconomy

    ’s 2.3 percent drop surpasses the previous lowest reading of -2.2 percent seen in July 2015... by 1.4 percent, a 0.7 percent drop in household equipment and a 2.7 percent fall in communications.

    2%

  8. Alpha Bank posts net loss of 2.04 bln in Q2 after booking Galaxy Project securitization
    Photo by MacroPolis

    EconomyBanking

    to 43.5 billion euros, a drop from 49.8 billion in Q1, reflecting the deconsolidation of the Galaxy... percent in Q1. At the end of June, the Common Equity Tier 1 (CET1) ratio stood at 14.8 percent, a drop

    2%

  9. Hercules APS delivers largest ever quarterly NPE reduction as ratio drops to 21.3 pct in Q2
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    drop was seen in business loans that were reduced during the second quarter by 11.85 billion euros... at 119.73 billion euros, a drop of 85 billion euros, reflecting the combination of sales during

    2%

  10. Rise of property prices continues with 4.6 pct increase in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    in 2012 (-11.7 percent), followed by another double-digit drop of -10.9 percent in 2013. The sharpest quarterly rate of decline was seen in Q1 2012, when apartment prices showed a YoY drop of 12.8

    2%