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  1. Greece announces return to markets with 5-year bond, mostly targeting swap
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    for the 5-year bonds issued in April 2014 (ISIN: GR0114028534) of a total amount of 4.03 billion euros... as the total offers reached 3 billion, while the coupon stood at the high end of initial estimates

    2%
  2. Industrial turnover up by 8.1 pct in June for eighth consecutive rise
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    and quarrying which increased by 11.9 percent. It is noted that this sector makes up a fraction of the total... and semi-trailers (+20.7 percent) and other mining and quarrying products (+18.4 percent). A total

    2%
  3. NBG reports net losses in Q2, NPEs down for fifth straight quarter
    Photo by MacroPolis

    EconomyBanking

    on the new Greek time deposits stands at 70 basis points (bps), while the total book is priced at 89 bps..., the total Greek loan yield remained almost stable at 393 bps in Q2. Fee income fell by 1.8 percent

    2%
  4. About to soar? Greece's economy still needs to be handled with care
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    on August 3 by a total of 1.6 billion, currently standing at 38.9 billion euros, from 91 billion in mid-July... at the end of July, over 42 percent of the total. Tax refunds were the next major contributor at 1.52 billion

    2%
  5. Greek banks meet NPE reduction targets in Q2, write-offs remain primary source of reduction
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    higher than the anticipated level of 50 percent. This was driven by a lower than expected volume of total.... Residential NPEs meanwhile were above target by 800 million to total 27.8 billion. Consumer NPEs were

    2%
  6. Sharp rise of 2.01 bln in July for unpaid taxes

    EconomyMacroeconomy

    quarters of this year’s total (5.72 billion) relates to tax categories. The remainder (2.92 billion..., the total stock of overdue obligations, including legacy and new tax debt, increased markedly to 97.36

    2%
  7. Newsletter 132

    Newsletters

    euros to total 4.86 billion euros. After recording a surplus in the previous month, the Public... in the ELA ceiling for Greek banks was approved this week by the ECB. This brings the total to 33.6

    2%
  8. Tsipras hopes to move on after decision on ex-airport project
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    decision that 30 hectares of the vast site (less than 5 percent of the total area) that is due to be built... stumbling block in the way of an investment that is estimated to be worth a total of around 9 billion euros

    2%
  9. Unemployment falls to 21 pct in July, lowest since Nov 2011
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    which brought the total to 3.8 million. A fall of 12,661 people was noted in the figures for those unemployed to bring the total to 1 million. The overall labour force continued to grow and stood

    2%
  10. Athens rushing to reduce arrears and secure 800 mln in bailout funds
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in July. Up to September this year, the Finance Ministry had transferred for this purpose a total... (up to the end of July) 736 million of arrears have been paid out from a total 1.25 billion of funds

    2%