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  1. Athens taking more time to consider 2019 measures ahead of budget talks
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    for the second quarter of the year. ELSTAT’s Q2 release is due on September 3. The government will be hoping

    8%

  2. Industrial turnover up by 17.4 pct in June for highest rise in year so far
    Image via www.titan.gr

    EconomyMacroeconomy

    industrial groupings. Consumer durables contracted by 5.1 percent, followed by capital goods (-3

    8%

  3. Travel balance increases by 16 pct in June and 19.5 pct in first half of year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the EU 28 countries rose by 29.7 percent YoY to 3 million. Those from euro-denominated areas rose

    8%

  4. Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank’s second quarter (Q2) results showed that net profits from continued operations came to 24 million, recovering from a loss of 80 million euros in Q1. The results for the first half (H1) of the year showed a loss of 55 million euros versus a profit of 3 million for the same period last

    8%

  5. Greece tops OECD countries for tax rises and spending cuts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    countries between 2015 and 2016, increasing by almost 3 percentage points (pps) in this time period

    8%

  6. ANEL leader under scrutiny due to party unrest, questions over refugee funds
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    struggling to make the 3 percent threshold for entering Parliament at the next elections. This has

    8%

  7. Athens prepares 2019 draft budget amid pension cuts dilemma
    Finance Ministry

    EconomyProgramme

    until the December 3 Eurogroup. In the meantime, Finance Ministry officials are reportedly still

    8%

  8. Eurogroup suggests there is scope for pension cuts to be called off

    EconomyProgramme

    3 Eurogroup, cannot yet be ruled out. Although such resistance could not prevent Athens from

    8%

  9. General govt primary cash surplus at 3.51 bln in August, arrears fall by 306 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    rise was noted in extrabudgetary funds which went up by 3 million euros compared to July, while state

    8%

  10. In updated forecasts, IMF sees Greece meeting fiscal targets and debt falling
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    , when it is expected to drop marginally to 3 percent. In the previous FM, the primary surplus

    8%