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  1. Retail sales rebound by 7.1 pct in July for first time in thirteen months
    Photo by MacroPolis

    EconomyMacroeconomy

    of 1.2 and 2 percent respectively. The comparison with the previous month also showed a rebound... turnover fell 4.7 percent. It is worth noting that the seasonally adjusted retail sales rebounded 1

    12%

  2. Greek stocks drop 2.5 pct for second straight week, banks tumble 5.4 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    1 that its Board of Directors elected George Handjinicolaou as non-executive chairman. Louka Katseli.... The Annual General Meeting of Jumbo approved on November 2 the distribution of a dividend per share of 0.36

    12%

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

    EconomyMacroeconomy

    Council notes that consensus estimates point to GDP rebound of more than 2 percent compared to the Finance..., the Fiscal Council estimates that a growth of 1 percent in private consumption is more realistic

    12%

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

    Economy

    (+4.5 percent). In contrast, Lamda Development recorded the biggest weekly losses (-2 percent... quarter (Q3) net profits to 78.3 million euros with turnover improving by 2.7 percent to almost 1

    12%

  5. Fiscal Council adopts 2017 budget forecasts with three reservations
    Photo by Panayiotos Tzamaros

    EconomyMacroeconomy

    pointing to a softer growth of around 2 percent. The Fiscal Council made a specific reference regarding... the additional tax measures to be implemented next year. Therefore, it concluded that a growth of 1 percent

    12%

  6. New Democracy applies pressure as coalition prepares for tough December
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    named his shadow cabinet. These calls are prompted by 1) SYRIZA continuing to plummet in the opinion... on, and 2) the ongoing doubts about how discussions with the institutions over the review and debt

    12%

  7. Fiscal dispute dominates as Greece and lenders gear up for more talks
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    percent of GDP with the fiscal space of 1 percent to be used for cutting taxes and social security... from the 2 percentage points difference between its estimate for a primary surplus of 1.5 percent

    12%

  8. Greeks deeply affected by crisis and least satisfied with life, EBRD study finds
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    levels of life satisfaction across the entire transition region,” the report said. Only 1 and 6 per cent... in their living standards in the four years before the survey. Only 2 percent of the Greek households

    12%

  9. Greek stocks start 2017 with gains of 2.6 pct, banks continue outperforming
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    to a 4.5-year low of just 10.4 million on January 2 but moved back above the 40-million-euro mark... UBB to KBC group for 610 million euros. The transaction will strengthen NBG’s Common Equity Tier 1

    12%

  10. S&P affirms Greece’s rating, outlook remains stable
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    in 2016 compared to its previous forecast last July pointing to a contraction of 1 percent. For the next... incremental, relaxation of capital controls. Moreover, the unemployment rate is seen falling by 2 percentage

    12%