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  1. Alpha Bank reports H1 profits of 267.4 mln on one-off item
    Photo by MacroPolis

    EconomyBanking

    for the group and to 114 percent for Greece. The latter is expected to improve by 2 percentage points

    8%

  2. Eurobank reports net loss of 301.1 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    interest margin (NIM) reached 2 percent. On the cost front, operating expenses remained almost flat QoQ

    8%

  3. Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth
    Photo by MacroPolis

    EconomyMacroeconomy

    percent growth in private consumption and a 2 percent decline in public consumption. Gross fixed

    8%

  4. Loan rates rebounded in July, deposit rates continued heading south
    Photo by MacroPolis

    EconomyMacroeconomy

    almost 2 percentage points above those in the euro area. The combination of a 6 percent drop

    8%

  5. WEF report highlights weakness of Greek institutions and challenges of recovery

    Economy

    in the basic requirements (now at the 76th place), 2 places in efficiency enhancers (65th) and 7 places

    8%

  6. Vast majority of Greeks pessimistic on prospects of recovery despite coalition efforts
    Photo by MacroPolis

    Society

    countries when it comes to people’s views on the current economic situation as well. Just 2 percent

    8%

  7. Greek CPI down by 0.3 pct in August as rate of decline slows for third month in a row
    Photo by MacroPolis

    EconomyMacroeconomy

    in May, when it temporary shot up to -2 percent. In 2013, the CPI slipped by 0.9 percent for the first

    8%

  8. Greece is least socially just country in EU, report indicates
    Photo by Harry van Versendaal

    Society

    ,” scoring 3.22. This is a full 2 points lower than the 2008 mark and well below the EU average of 5.7.

    8%

  9. Greek wages index falls 1 pct in Q2, down 23.8 pct since 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    After a short-lived year on year (YoY) rise of 2 percent in Q1, the seasonally adjusted Wages Index fell 1 percent in Q2, while it remained stable quarter on quarter (QoQ), according to the Hellenic Statistical Authority (ELSTAT). The index covers the total of gross earnings received by employees

    8%

  10. Value of HFSF participation in Greek banks falls to 17 billion
    Photo by MacroPolis

    EconomyBanking

    , 2 billion that could be recovered from resolved banks and its capital buffer of 11.5 billion

    8%