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  1. Most Greeks saw income fall over last year, limiting purchasing power
    Photo by MacroPolis

    Society

    The results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco...

    22%

  2. Increase in number of services that saw their turnover decrease in Q2

    EconomyMacroeconomy

    The evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred to, posting a negative growth, according to the Helleni...

    21%

  3. Almost all services in Greece saw decline in Q3

    EconomyMacroeconomy

    The evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according to the Hellenic Statistical Authority (ELSTAT). In the preced...

    20%

  4. Office prices and rents saw substantial fall in H1 2014

    Economy

    The Bank of Greece (BoG) published on Monday for the first time its commercial property price and rent indices. The released data concerns office and retail price and rent levels of prime investment property and cover the period from the first half (H1)...

    20%

  5. Greek households saw net financial wealth plummet by 37.5 pct during crisis
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Τhe impact on Greek households’ financial wealth and liabilities during the crisis years is examined in a study included in the latest statistical bulletin published by Bank of Greece on Wednesday. The study showed that the net financial wealth of Greek...

    20%

  6. Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017

    Agora

    Greek banks concluded the release of their fourth quarter (Q4) results last week, which showed an improved financial and asset quality performance overall. Almost all the core banks recorded a positive bottom-line result for Q4 and turned profitable for...

    20%

  7. Piraeus Bank seals milestone deal with KKR over 1.2 bln of non-core assets
    Photo by MacroPolis

    EconomyBanking

    at 575 million), textile (65.6 percent with NPLs at 545 million) and pharmaceutical (53.9 percent

    19%

  8. BoG cautions on impact of tax rises, updates on rising NPEs
    Photo by MacroPolis

    EconomyMacroeconomy

    , the highest NPE ratios were posted in food service (76.3 percent), textile (73 percent), wood (72.5

    19%

  9. Bank of Greece sees potential for recovery, urges calm in negotiations
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    sectors such as food services (79.5 percent), textile (75.9 percent), wood and paper processing

    19%

  10. Bank of Greece study finds one in six local firms is strategic defaulter
    Photo by MacroPolis

    EconomyMacroeconomy

    ) and in specific sectors, such as food services (79.5 percent), textile (75.9 percent), wood and paper

    19%