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  1. Banks meet overall NPE reduction target in Q1 2017, largely on write-offs
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    or by 38.1 billion over the same period. The bulk of the estimated NPE and NPL reduction is back-loaded

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  2. OECD sees GDP growth of 1.1 pct in 2017, stresses structural reforms and debt relief
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    an underperformance of the public investment budget target, coupled with buoyant tax receipts on the back

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  3. Turnover in tourism sector up 1 pct in Q1 for third straight quarterly rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 513.2 million euros in Q1 on the back of a drop in the average expenditure per trip by 3.2

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  4. Unemployment rate falls to new five-year low of 22.5 pct in March
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) on the back of a drop in the number of unemployed by 74,500, coupled with an increase in the number

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  5. Wages index improves 1 pct in Q1 but falls QoQ for second straight quarter
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Since its peak, the index has declined by 26.9 percent on the back of the negative impact stemming

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  6. Car sales drop 2.5 pct in May for second successive month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the rent-a-car fleets, on the back of the strong tourism volume figures also supported by gradual

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  7. Stocks edge down 0.6 pct this week amid soft volumes
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    quarter (Q1) on the back of a drop in sales by 6.9 percent to 262.4 million, while EBITDA declined by 4.4

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  8. Building activity rises 24.7 pct in March
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greek building permits rose by 24.7 percent in March, recovering from a decline of 4.2 percent in the previous month according to Hellenic Statistical Authority (ELSTAT) data released on Monday. The headline figure puts building permit activity back in positive territory after the March figure

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  9. Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
    Photo by MacroPolis

    EconomyMacroeconomy

    increase by 334 million attributed to deposit outflows on the back of the uncertainty related

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  10. Rhetoric ramped up ahead of Eurogroup but deal still in sight
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . The more pessimistic quote from the Greek official may be Athens’s way of trying to get back at Schaeuble

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