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  1. Bank credit contracts by 1.7 pct in September on loan deductions of 355 million

    EconomyMacroeconomy

    the most marked decline of 28.6 percent over the last 23 quarters, followed by drop rates of 24.1 and 18.8

    19%

  2. Economic sentiment and consumer confidence markedly improve in October
    Photo by MacroPolis

    EconomyMacroeconomy

    in October to -4.7, after a short-lived drop by 1.1 points in September. The year-to-date gains stand

    19%

  3. Retail sales fall by 3.1 pct in Aug after fleeting rebound in July

    EconomyMacroeconomy

    , September retail sales edged down 1.8 percent, mostly reflecting a double-digit drop in clothing

    19%

  4. Parliament's budget office sees obstacles to recovery, warns on private debt

    EconomyMacroeconomy

    In its quarterly report published on Monday, the Parliamentary Budget Office (PBO) notes that the macroeconomic developments in Greece in the third quarter (Q3) sent mixed signals. In particular, the recession is continuing, while a drop in the Q2 unemployment rate is mostly attributed

    19%

  5. Trade deficit falls 12.1 pct in Sept following export growth for first time since Apr 2015
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit narrowed by 12.1 percent in September after rising by 11.6 percent in August, Hellenic Statistical Authority (ELSTAT) data displayed on Monday. September’s drop is entirely attributed to a 16.6 percent increase in exports against a rise in imports of 4.2 percent. Exports

    19%

  6. Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
    By Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    lower than last year. This corresponds to a drop in revenues of more than 7.8 percent in Q4 compared

    19%

  7. CPI drops at a slower pace of 0.5 pct in October
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Τhe Greek Consumer Price Index (CPI) fell at a decelerating pace of 0.5 percent in October after a drop of 1 percent in September, according to data published by the Hellenic Statistical Authority (ELSTAT) on Thursday. The headline figure for October, along with that for February, are the lowest

    19%

  8. In 16th successive fall, Eurosystem funding drops by 3.5 bln in Oct
    Photo by MacroPolis

    EconomyMacroeconomy

    billion since June 2015, when the third bailout agreement was agreed. The bulk of this drop was recorded

    19%

  9. Parties reach consensus on broadcasting watchdog after coalition backs off
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Court president Athanasios Koutroumanos, and to drop its goal of limiting the number of licences

    19%

  10. Stocks rebound 1.5 pct during week, banks climb 4.6 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    an Extraordinary General Meeting (EGM) of NBG. Hellenic Telecom (OTE) posted a drop of 28.6 percent in third

    19%