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  1. Retail sales up by 0.8 pct in April while volume rises by 1.3 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    indicators for June published by the European Commission show that retail trade dipped by 3.8 points... a decline of 1.4 points to -52.4 points in June versus -51 points in May. Year-on-year, consumer confidence

    2%

  2. Industrial production grows by 1 pct in May, up by 0.2 pct in first five months of the year
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    Commission’s latest industry confidence indicator for June showed that industry confidence dipped by 0.1... points in June, staying over the 50-mark threshold for 13 straight months.

    2%

  3. Delay to final tranche over island VAT as lenders quash talk of pension cut reversal
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    EconomyProgramme

    consultation over the decision not to increase the VAT rate on the five islands in question at the end of June... on June 29. He said the measure would apply at least until the end of the year or as long as he

    2%

  4. Industrial turnover rises by 11.4 pct in May, staying positive for fifth consecutive month
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    a relatively minor weighting on the index. The PMI for June showed that the index came to 53.5, staying.... In addition, the June industry confidence indicator published by the European Commission showed

    2%

  5. Unemployment in Greece falls to 19.5 pct in May, below 20 pct for first time since Sept 2011
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The latest available data from the Labour Ministry’s Ergani database for June showed that there were... for the month of June since records began in 2001. Ergani noted that the balance of 298,171 for the first six

    2%

  6. CPI up by 0.9 pct in July to mark fourth consecutive rise
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) rose by 0.9 percent in July following an increase of 1 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. After four years... percent. Month-on-month, the CPI dropped by 1.8 percent compared to June’s figure due to the summer

    2%

  7. Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
    Photo by MacroPolis

    EconomyBanking

    quarter. Balance Sheet Eurosystem funding declined by 2 billion euros QoQ to 5.1 billion in June.... Emergency Liquidity Assistance (ELA) funding in particular fell to 3.8 billion in June from 5.7

    2%

  8. Eurosystem funding down to 12.63 bln in August, banknotes in circulation rise slightly
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    using the same collateral, along with improved market access. Since a peak of 126.57 billion in June... their record high of 50.48 billion in June 2015, banknotes in circulation have declined by 18.78 billion euros

    2%

  9. Newsletter 174 -14/09/2018

    Newsletters

    ) rose by 1.9 percent in July from June’s increase of 1.2 percent, Hellenic Statistical Authority (ELSTAT... that the IPI rose by 0.7 percent. In addition, building permits rose by 16.2 percent in June, picking

    2%

  10. Mortgage loans a key piece of NPL reduction puzzle

    EconomyBanking

    -performing at the end of June. Under the current ECB Single Supervisory Mechanism (SSM) targets which... of NPEs in June 2018 compared to 13.8 percent in March. The highest level of protection is seen under

    2%