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  1. Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
    Photo by MacroPolis

    EconomyBanking

    at the end of 2016 to fall below the 2015 level.

    5%
  2. Greek stocks surge 9 pct, up for third successive week

    Economy

    of marginal QoQ NII fall, remarkable increase in commission income, higher operating expenses and notable

    5%
  3. Greece and lenders seen making progress on privatisation fund but not on NPLs

    EconomyProgramme

    . Following the sharp fall in bank shares post capital controls and bank recapitalisation, HFSF’s share

    5%
  4. Notable drop of 13.3 pct in industrial turnover in January

    EconomyMacroeconomy

    digit fall in the last eight months The sharp decline in January largely reflects manufacturing

    5%
  5. Greece’s dramatic year reflected in ATHEX 2015 results
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    percent. The drivers behind the profit fall were cited as Greece’s adverse economic environment during

    5%
  6. Deposit outflows for second straight month in February, at 548 mln

    EconomyMacroeconomy

    change reflects a fall in the Emergency Liquidity Assistance (ELA) funding by 0.85 billion to almost

    5%
  7. Greek tourism's long-term growth prospects are good, report shows

    EconomyMacroeconomy

    The direct contribution of travel and tourism to Greek GDP reached 13.3 billion euros (7.6 percent) in 2015 and is estimated to fall by 0.5 percent to 13.2 billion in 2016, according to the annual economic report of the World Travel and Tourism Council (WTTC). The long-term forecast points to a 4

    5%
  8. Unemployment rate resumes upward trend to 24.4 pct in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    estimates the Greek jobless rate will fall to 24 percent in 2016 and further to 22.8 percent in 2017

    5%
  9. Car sales rebound 3.4 pct in March
    Photo by MacroPolis

    EconomyMacroeconomy

    The number of road motor vehicles (going into circulation for the first time) resumed an upward trend rising by 3.4 percent in March, after a short-lived fall by 17 percent in February, Hellenic Statistical Authority (ELSTAT) figures displayed on Friday. The absolute numbers showed the additional

    5%
  10. Greek bailout talks yet to conclude as start of IMF meetings approaches
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    EconomyProgramme

    on a fixed national pension of 384 euros for those with 20 years of contributions. It will fall

    5%