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  1. Greek stocks edge up 0.7 pct on week, banks rise 3.8 pct for first time in last six weeks
    Photo via www.helex.com

    Economy

    loan of 360 million at a favourable rate, a capital injection by the strategic investor Sklavenitis

    4%

  2. Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July

    EconomyMacroeconomy

    -digit rate of 10.4 percent for the second straight month to 3.49 billion in July, at a new high

    4%

  3. Credit contraction slows to 1.6 pct in July, loan deductions jump to 638 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    Credit contraction in the Greek banking market decelerated to 1.6 percent in July from 2 percent in June, Bank of Greece (BoG) figures showed on Friday. The July headline figure represents the slowest rate of drop over the past twelve months. Loan balances fell by more than 1 billion euros from

    4%

  4. Retail sales drop for thirteenth straight month by 5.2 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    the rate of fall accelerated as of July after the imposition of capital controls. The June 2016

    4%

  5. PMI picks up to 50.4 in August, new orders grow for first time in two years

    EconomyMacroeconomy

    , production increased for the second time this year at a rate broadly similar to the historical average, while

    4%

  6. Greek stocks climb 3 pct on week, banks post double-digit gains
    Photo via www.helex.com

    Economy

    in the previous year, mainly dragged by the higher Gross Gaming Revenue (GGR) tax rate. GGR slipped 0.8

    4%

  7. New round of cuts in supplementary pensions

    Economy

    trimmed in August. For more than two thirds of the 66,900 pensions, the weighted average drop rate

    4%

  8. Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
    Photo by MacroPolis

    EconomyBanking

    that of ECB refinancing rate. The bank expects volumes to rise further as the counterparty interest

    4%

  9. Latest data highlights how hard it is for unemployed Greeks to find jobs
    Photo by MacroPolis

    Society

    Out of all the people in Greece who were unemployed in the fourth quarter 2015, 94.6 percent remained out of work in the first quarter 2016, in what is the highest rate in the European Union, data from Eurostat has shown. Only 4.3 percent of jobless Greeks moved into employment and 1.1 percent

    4%

  10. CPI drops by 0.9 pct in August

    EconomyMacroeconomy

    and has been in negative territory since then. The rate of the CPI decrease accelerated from 0.9 percent

    4%