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Wages index drops in Q2 to its lowest level since 2001
EconomyMacroeconomyStatistical Authority (ELSTAT). In the previous three quarters, the growth rate ranged between a marginal 0.3... recorded in Q1. Compared to the previous quarter, it displays a rebound by 7.7 percent, yet this mainly
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Greek stocks edge up, with banks rising for third straight week
EconomyThe Greek stock market traded on positive grounds for most of this week's sessions, ending the week up 4.2 percent. This performance followed an upward movement of 2 percent in the previous week... just a fraction of the previous huge losses of around 68 percent in the first three weeks of August
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Newsletter 43 - 18/09/2015
and deliverables outlined in the third bailout programme signed by the previous government last month. In October... of the nasty habits of previous governments, appointing cronies to key positions and compromising its ethics
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Tsipras is at his strongest, but for how long?
Agorawith the acquiescent Independent Greeks leader Panos Kammenos but he proved numerous times over the previous..., a process that has repeatedly stretched Greek governments to breaking point in previous years. This makes
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Newsletter 44 - 25/09/2015
in the previous months, such as Finance Minister Euclid Tsakalotos, should increase this administration... to have given below par performances in the previous government but mostly failed to replace them
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Economic sentiment rebounds in September after six-month drop
EconomyMacroeconomy. Note though that the previous month’s figure of -30.2 was the lowest reading since May 2009. After... in September. Note though that this erased only a small part of previous months’ losses, still pointing
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Major fall of 31.6 pct for building activity in July
EconomyMacroeconomyGreek building permits nosedived by 31.6 percent in July, after rising in the previous five months, Hellenic Statistical Authority (ELSTAT) data displayed on Monday. The July rate is the highest... rise erased only a small part of previous months’ losses, still pointing to a fall by more than 36
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Revised data shows economy shrank by higher rate of 21.4 pct from 2010 to 2014
Economythe recession was more than 1.3 billion deeper than previous estimates suggested. The breakdown... slightly upward revised to 0.7 percent (from 0.8 percent before), while the effect on the previous
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Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
EconomyChanging its previous announcement to publish its second quarter (Q2) financial results on Wednesday, Piraeus Bank released today a trading update providing the evolution of the key balance and P&L..., yet at a decelerating pace compared to the previous quarter. The NPL stock reached 18.1 billion
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Privatisation chief sees gradual progress but revenues remain unclear
Economy, which is a month later than the previous HRADF statement in mid-August. Pitsiorlas added... projects were frozen until July on the instructions of the previous SYRIZA-led government. However
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