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  1. ELSTAT revises nominal 2015 GDP contraction to 1.3 pct

    EconomyMacroeconomy

    March. This reflects a higher decrease in both households’ consumption by 1.8 percent (from 1 percent

    7%

  2. Deposits edge down to 123.5 bln in September on outflows of 379 mln

    EconomyMacroeconomy

    -eurozone residents – recorded modest inflows of 153 million in September, from almost 1 billion

    7%

  3. World Bank sets out savings Greece can make from streamlining welfare benefits
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    credit to 1,600 euros (from 1,900 euros currently) with estimated savings of 1 billion euros (0.6

    7%

  4. Deadlock at NBG over chairman appointment
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    and constant review by the SSM. Piraeus Meanwhile, Piraeus Bank announced on November 1 that George

    7%

  5. Trade deficit falls 12.1 pct in Sept following export growth for first time since Apr 2015
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    percent) compared to exports (+1 percent) driving the corresponding trade deficit up 21.7 percent.

    7%

  6. Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
    By Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , the Fiscal Council estimates that a growth of 1 percent in private consumption is more realistic

    7%

  7. Athens digests Trump victory, sees economic complications
    Photo by Andrea Bonetti/Fosphotos

    PoliticsForeign Policy

    the recover off track. During his campaign Trump made pledges of 1 trillion dollars in public

    7%

  8. Stocks rebound 1.5 pct during week, banks climb 4.6 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    quarter (Q3) net profits to 78.3 million euros with turnover improving by 2.7 percent to almost 1

    7%

  9. Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
    Photo by MacroPolis

    EconomyBanking

    , bringing total inflows to around 1.7 billion since June. The phased-in Common Equity Tier 1 (Tier1) ratio

    7%

  10. Industrial turnover rises at accelerating pace of 9.4 pct in Sept

    EconomyMacroeconomy

    -durables edged down 1 percent. In more detail, turnover in mining of metal ores more than doubled

    7%