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Deposits edge down to 123.5 bln in September on outflows of 379 mln
EconomyMacroeconomyThe Greek market recorded deposit outflows of 379 million euros in September, following inflows of 1.33 billion in August, Bank of Greece (BoG) figures displayed on Thursday. The deposit balance eased to 123.47 billion at the end of September, in the second highest reading since May 2015
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Bank credit contracts by 1.7 pct in September on loan deductions of 355 million
EconomyMacroeconomymillion, which is the second highest negative reading this year. The year to date negative flow stands
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New overdue taxes jump by 1.35 bln in Sept, driving total stock to 92.8 bln
EconomyMacroeconomywas the lowest rate among the four taxes in September. The second highest revenue gap of 157.9 million
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Retail sales fall by 3.1 pct in Aug after fleeting rebound in July
EconomyMacroeconomyfor the second successive month by 2.3 points to -63.6 in October, which is the highest reading this year
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Alpha and NBG complete sales of hotels
EconomyBankingEquity Tier 1 (CET1) ratio stood at 16.6 percent in the second quarter (Q2). The completion
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Tsipras freshens up cabinet, looking for balance with party and lenders
PoliticsGreek Politicswith lenders as part of Greece’s second review, with differences between the two sides over labour reforms
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OECD proposes ways to improve competition, estimates positive economic impact at 414 mln
Economystage of the project 1,290 legal provisions were collected. These were screened in the second phase
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Coalition puts on fresh face but poll sees support draining away
PoliticsGreek Politics, a month after the second elections in 2015 and the re-election of the SYRIZA-Independent Greeks
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Industrial production edges up 0.1 pct in September
EconomyMacroeconomyPMI fell for the second straight month by 0.6 points to 48.6 in October on decreases in both output
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Unemployment rate edges up to 23.4 pct in August
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate increased to 23.4 percent in August from an upward revised 23.3 percent in July, the Hellenic Statistical Authority (ELSTAT) labour force survey displayed on Thursday. The headline figure for August, along with that of June, is the second lowest
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