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  1. Moody's upgrades Greek rating by two notches to Caa1 - here's why

    Economy

    is projected to drop to 2.9 percent of GDP. The improving economic environment, with the recovery

    4%

  2. Greek primary cash surplus reaches 1.8 bln in H1 2014

    EconomyMacroeconomy

    a net drop of 71 and 40 million year to date. The bulk of social security funds’ arrears stems from

    4%

  3. Greek cash deficit to July narrows 78.3 pct to 1.72 bln

    EconomyMacroeconomy

    ’ contribution to ESM - the underlying figure showed a single-digit drop of 6.1 percent to 28 billion

    4%

  4. Tourist arrivals in June increase 13.7 pct, bringing significant rise in receipts
    Photo by MacroPolis

    EconomyMacroeconomy

    in international tourist arrivals partly counterbalanced by a 1.7 percent drop in travel spending per trip

    4%

  5. Greek trade deficit rises by 7.4 pct in June but rate of increase slows

    EconomyMacroeconomy

    billion euros. The movement reflects a 4.6 percent drop in exports and a modest rise of 1.2 percent

    4%

  6. 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

    4%

  7. 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

    4%

  8. 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

    4%

  9. 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

    4%

  10. 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

    4%