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  1. Minor changes in Greek deposit and lending interest rates in May
    Photo by MacroPolis

    EconomyMacroeconomy

    amid capital controls and lack of competition. The drop in the time deposit rate coupled... spread of the Greek banking market edging up by 1 bp to 4.41 percent in May.

    6%

  2. Budget primary surplus of 2.5 bln in first half of 2016, revenues rebound in June

    EconomyMacroeconomy

    Greece’s budget primary surplus widened to 2.48 billion euros in the first half of 2016, up by 31.5 percent from the 1.88 billion recorded in the corresponding period last year, the Finance Ministry... figure for the 6-month period now points to a rise by 3 percent compared to a drop of 1.1 percent

    6%

  3. Lew highlights geopolitical dimension of debt relief discussion on visit to Athens
    Photo via @PrimeministerGr

    PoliticsGreek Politics

    A few days after European Economic and Monetary Affairs Commissioner Pierre Moscovici came to Athens and warned the government to drop its request for lower primary surplus targets after 2018... and institutions should end up. Except that in the end, it has to work," concluded the US finance chief

    6%

  4. Greek stocks fall 1.5 pct, banks underperform for third straight week
    Photo via www.helex.com

    Economy

    week’s closing, mainly reflecting a drop by 3.1 percent on Tuesday and broadly in line... net profits by 33.6 percent to 19.4 million with revenues up by 2 percent to 262.6 million, while

    6%

  5. Car sales soar 42.9 pct in July, also reflecting a low base effect
    Photo by MacroPolis

    EconomyMacroeconomy

    The number of road motor vehicles (going into circulation for the first time) surged 42.9 percent in July after a short-lived drop of 2.5 percent in June, Hellenic Statistical Authority (ELSTAT) data... prefecture. Car sales had plunged by around 30 percent per year in 2010-12. Since then, they edged up

    6%

  6. Industrial production surges 7.5 pct in June, with highest growth rate since 2001

    EconomyMacroeconomy

    27.7 percent, but it makes up just a fraction of the total IPI. All main industrial groupings posted... after a drop by 4.1 percent month on month posted in May. Following the strong rebound in June

    6%

  7. Greece's latest GDP figures and what to expect for the rest of the year
    Photo by MacroPolis

    Agora

    be noted that consensus estimates and Reuters poll were pointing to a 0.2 percent drop and 0.1... from Q2 level, 2016 would end up with flat growth. In contrast, if GDP falls back to its Q1 level

    6%

  8. Economic sentiment rises to 92.5 pts in Aug, consumer confidence edges down for second straight month
    Photo by MacroPolis

    EconomyMacroeconomy

    2015. During this year, ESI has edged up by 4.9 points. Consumer confidence moved in the opposite direction, falling for the second successive month by 0.9 points in August, after a drop of 1.2 points

    6%

  9. Eurobank remains profitable with net profits of 46.2 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    to 13.7 billion in August, while ECB funding recorded a more modest drop from 4.7 billion in March... for the sale of its insurance subsidiary, edged up to 17 percent in Q2 from 16.5 percent in Q1. In addition

    6%

  10. Gap of 555 mln emerges in three key taxes in July ahead of a crucial September for revenues

    EconomyMacroeconomy

    stands at much lower levels. Annual figures The annual figures for the last three years displayed a drop...). Summing up, on time payments of personal and corporate income tax as well as of VAT resulted

    6%