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  1. Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
    Photo by MacroPolis

    Economy

    deposit cost, attributed to decreased time deposit rates, leading net interest income (NII) down 4

    1%

  2. Greek stocks up by 1.3 pct this week on banks’ 12.4 pct rebound

    Economy

    on Wednesday a trading update for the second quarter (Q2) showing a drop in net interest and fee income

    1%

  3. Disposable income slips 1.6 pct in Q2 on higher income and wealth taxes

    EconomyMacroeconomy

    stable quarter on quarter. Net borrowing remained almost stable year on year at 3.13 billion in Q2

    1%

  4. OECD sees recession in 2015-16, stresses need for reform implementation

    EconomyMacroeconomy

    procedures, reforms to reduce tax evasion, gradual building of a modern social safety net

    1%

  5. General government primary cash surplus narrows to 2.48 bln, arrears almost stable in Sept

    EconomyMacroeconomy

    of 6.7 billion, increase in repos by 1.2 billion and a net drop of 3.8 billion in EFSF/ESM/IMF loans

    1%

  6. Government in race against time to resolve bailout issues

    EconomyProgramme

    tax results in the targeted tax revenues the net impact on the total tax revenues from OPAP could

    1%

  7. Building permits down 11.4 pct in August for second successive drop

    EconomyMacroeconomy

    than 15 percent from their peak at the end of 2010 with overall loan net deductions at 11.5 billion

    1%

  8. Greek stocks edge up in week of big losses for banks

    Economy

    from 64.1 million last year, while net profits reached 33.7 million from losses of 16.9 million

    1%

  9. Greek teachers low paid, but work shorter hours in smaller classes
    Photo by srgpicker via Flickr https://flic.kr/p/3zZRnQ

    Society

    , Greek teachers also saw their net salaries shrink as a tax for solidarity was created. This tax

    1%

  10. Marked rise in expenditure leads to a budget primary deficit in Nov

    Economy

    15.9 percent year on year (YoY) and 104 million below target. Overall, 11-month net revenues fell

    1%