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  1. Greek economic sentiment and consumer confidence fall in August
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment deteriorated for the second straight month, easing to 101.9 points in August from 102.6 in July, according to the European Commission (EC). The reading remains above the 100-point mark for the third successive month. Despite the drop in August, economic sentiment shows

    5%
  2. Alpha Bank reports H1 profits of 267.4 mln on one-off item
    Photo by MacroPolis

    EconomyBanking

    but fell 2.1 percent year on year (YoY) in H1, mainly due to a drop in personnel cost by 8.8 percent

    5%
  3. Eurobank reports net loss of 301.1 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    NII fell QoQ on continued deleveraging in conjunction with a 10 bps drop in lending spread. Net

    5%
  4. Car sales up by 20.8 pct in August but rise continues to slow

    EconomyMacroeconomy

    , following a drop exceeding 30 percent in each of the preceding three years. In absolute terms, car

    5%
  5. Greek CPI down by 0.3 pct in August as rate of decline slows for third month in a row
    Photo by MacroPolis

    EconomyMacroeconomy

    -alcoholic beverages (down 2.4 percent) showed the highest drop. A slower decline of 1.3 percent

    5%
  6. S&P upgrades Greece one notch to B, sees growth in 2015

    Economy

    20 percent lower than in 2007. The rating agency highlights that a drop in the unit labor cost

    5%
  7. Greek central government primary cash surplus to August at 2.3 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    a mid single-digit drop of 4.9 percent to 32.14 billion. This compares with the 8-month budget figure

    5%
  8. Seasonal jobs bring down Q2 unemployment to 26.6 pct but long-term jobless rising
    Photo by MacroPolis

    EconomyMacroeconomy

    The non-seasonally-adjusted unemployment rate posted a drop both year on year (YoY) and quarter on quarter (QoQ) to 26.6 percent in Q2 2014 from 27.8 percent in the previous quarter and 27.3 percent in Q2 2013, according to the Hellenic Statistical Authority (ELSTAT). The Q2 unemployment rate

    5%
  9. Greece sees travel receipts rise again in July to reach 2.74 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    to 10.49 million. In addition, the double-digit drop in travel spending per trip in July, led

    5%
  10. Greek wages index falls 1 pct in Q2, down 23.8 pct since 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    1.2 percent in Q2. This corresponds to the second highest drop among the EU-28 countries, following

    5%