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  1. Retail sales nosedive by 8.7 pct in July amid capital controls

    EconomyMacroeconomy

    , electrical and household equipment (down 24.1 percent), automotive fuel (down 19 percent) and department stores (down 14.9 percent). In contrast, retail sales not in stores rose by 1 percent in July

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  2. Greek stocks post weekly rise of 5.6 pct, with banks rebounding strongly

    Economy

    shares are down by more than 15 percent. Bank shares rebounded by 31 percent this week mainly.... Despite the outperformance they are still down by more than 68 percent in the post-capital controls period... percent in 2015/16, while net profit is seen down by 15 to 25 percent. Furthermore, the management said

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  3. NBG Q2 trading update shows higher pre-provision income, marked improvement in NPL formation
    Photo by MacroPolis

    EconomyBanking

    at a higher cost by and b) the depreciation of the Turkish lira, which led Turkish NII down 2.2 percent... leading the group figure down 7.8 percent to 55.7 billion euros. More specifically, domestic outflows reached 3.6 billion in Q2 down from the 4.8 bln reported in the previous quarter. They returned

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  4. EU-Turkey refugee agreement: A life saver or a dud?
    Photo by MacroPolis

    Agora

    they are stuffed with foam, which when wet will absorb water and drag the person wearing it down..., supporting the Turkish leader no matter what. The recent shooting down of the Russian fighter jet, arrests... to it shooting down the Russian plane, to be posted on Prime Minister Alexis Tsipras’s Twitter feed

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  5. Holding out for a (reformist) hero
    Photo via http://metonkyriako.gr/

    Agora

    abroad. However, his relationship with European counterparts did not break down irreparably until 31... by Papandreou’s referendum plans and the tight elections in the summer of 2012 dying down, many... that by far the biggest reduction in civil servant numbers (down by around 160,000 from 2010 to 2014) took

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  6. Newsletter 61 - 05/02/2016

    Newsletters

    this lower tax rate will tone down the strong objections of the self-employed to the higher... month. Manufacturing PMI inches down Greece’s Manufacturing PMI inched down to 50 points in January

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  7. Newsletter 74 - 20/05/2016

    Newsletters

    down to just 42 million in Q1, from 235 million in the previous quarter. The bank expects the end... prices down Greek apartment prices fell by 5 percent in Q1 this year, compared to a 5.3 percent... of being allowed to kick the can down the road like its predecessors, the Tsipras government has been

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  8. The enemy within

    Agora

    or else risk sliding down towards oblivion fairly quickly. SYRIZA’s drastic transformation from an anti... even inflammatory, comment made by Kyritsis (and he is not the first SYRIZA politician to go down... is that in trying to tap into the discord among Greek voters, SYRIZA is going down a very well-trodden path. In fact

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  9. Newsletter 77 - 10/06/2016

    Newsletters

    data. In particular, the unemployment rate edged down to 24.1 percent in March, its lowest level.... In its weekly credit outlook published on Thursday, Moody’s said that the slowing down in the formation..., parliamentary speaker and SYRIZA MP Nikos Voutsis sought to play down speculation about a popular vote. He

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  10. Labour laws already emerging as key issue for next bailout review

    PoliticsGreek Politics

    . Katrougalos played this development down in his interview, arguing that it means the labour minister.... The advocate general’s opinion relates to French firm Lafarge’s attempt in 2013 to shut down a cement plant... in the upcoming review. While it seems unlikely that the review could break down due to differences between

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