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Piraeus Q3 trading update shows significant acceleration in NPL formation
EconomyBanking) data for the Greek banking system showing a sharp drop of 62 bps cumulatively in July and August
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Travel receipts rebound by 7.3 pct in August, partly reflecting higher spending per trip
EconomyMacroeconomyin volume. The latest data released by the Association of Greek Tourism Enterprises (SETE) earlier
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Disposable income slips 1.6 pct in Q2 on higher income and wealth taxes
EconomyMacroeconomyAfter rising in the preceding three quarters, Greek household disposable income fell by 1.6 percent in the second quarter (Q2) of 2015, Hellenic Statistical Authority (ELSTAT) data showed on Friday. In Q1, disposable income had grown by 0.8 percent, at a decelerating pace from the 1.8 percent
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Bailout review resumes in Athens but substantial gap remains
PoliticsGreek Politics, such as the recalculation of existing pensions since there is no electronic data before 2002, while
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Greeks second biggest losers from economic crisis, says ECB
SocietyThe Irish, Greeks and Spanish lost more personal wealth than any other population in the eurozone in the aftermath of the financial crisis, according to fresh data on household wealth from the European Central Bank. The research, published ahead of the issuing of a new Household Sector Report next
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Fiscal target revision shows 3.07 bln 9-month primary surplus was 1.8 bln above target
EconomySecretariat of Information Systems (GSIS) data sent a worrying signal. It showed unpaid taxes rose to 1.47
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Banking system showed deposit inflows for second straight month, at 531 mln in Sept
EconomyMacroeconomyGreek private sector deposit flow remained positive for the second successive month with inflows at 531 million in September 2015 from 449 million in August, Bank of Greece (BoG) data displayed on Tuesday. The recorded inflows of around 1 billion over the past two months largely reflect
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Greece and lenders far apart on foreclosures as housing NPLs keep rising
EconomyProgrammeproperty value. According to the latest data from the Bank of Greece (BoG) for the end of 2014, housing
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Business indicators rise for second successive month in October
EconomyGreece’s economic sentiment (ESI) improved for the second straight month by 3.4 points to 86.5 in October, European Commission (EC) data displayed on Thursday. Over the past two months, ESI has risen by 11.3 points, yet only partly offset the extended deterioration recorded in the previous months
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Retail sales down by 4 pct in August for third straight fall
EconomyMacroeconomyThe turnover of Greece’s retail trade index dropped for the third successive month in August, albeit at a decelerating pace by 4 percent from 8.6 percent in July, Hellenic Statistical Agency (ELSTAT) data showed on Friday. The August figure is the seventh negative reading in the course of 2015
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