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Greek stocks down 2.6 pct on week, banks underperform for fifth straight week
Economyin July. The Labour Ministry’s information system (Ergani) data displayed net hirings reached 19,281
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Drop in arrivals and spending impinge on H1 travel receipts
EconomyMacroeconomyThe balance of travel services in June posted a surplus of 1.72 billion euros, a decline of 3.6 percent compared to the surplus of 1.78 billion in the same period last year, according to data released by Bank of Greece on Monday. Travel receipts dropped year on year by 5.4 percent to 1.85 billion
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Lower bad loan provisions and increased write-offs for Greek banks in Q2
Economyrelate to the banks’ parent data, which mainly incorporate their operations in the domestic market. BoG
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Apartment prices drop by 2.7 pct in Q2, slowest rate since Q1 2010
EconomyMacroeconomyApartment prices in Greece continued heading south, but at a decelerating pace, for the third successive quarter in Q2 of 2016, when they dropped by 2.7 percent from a revised 4.7 percent decline in Q1, Bank of Greece (BoG) data displayed on Thursday. The released figures mean that housing prices
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Over 26 pct of young Greeks out of education, training and work - second highest in EU
SocietyGreece has the second highest share in the European Union of NEETs – young people aged 20-24 who are neither in employment nor in education or training – and also saw its proportion of NEETs jump by 9.3 percentage points over a decade, data from Eurostat shows. Just over one in four (26.1 percent
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Tsipras puts proposals to socialist leaders, resumes bailout talks ahead of review
PoliticsGreek Politicsfresh charges of doctoring fiscal data several years ago. The government distanced itself from the issue
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PMI picks up to 50.4 in August, new orders grow for first time in two years
EconomyMacroeconomyin August for the twenty first consecutive month. Markit analysts concluded that “August survey data
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Stable rate in time deposits, corporate loan rates pick up in July
EconomyMacroeconomyGreek households’ new time deposit rate was kept stable at 0.86 percent in July, Bank of Greece (BoG) data showed on Thursday. This rate is hovering around 0.85 to 0.88 percent in the last five months, after a notable drop by 90 bps following the imposition of capital controls at the end of June
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Greece not seen meeting milestones soon, refugee rise may add to tension
PoliticsForeign Policya substantial rise in the number of people arriving. According to data published by the International
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Newsletter 86 - 02/09/2016
at 0.86 percent in July, while corporate loan rates picked up in July, Bank of Greece data showed
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