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Alpha Bank remains profitable in Q2, NPEs reduced further
EconomyBankingLiquidity Assistance (ELA) funding has been reduced by a total of 3.1 billion since March to 9.1
2% -
GDP rises by 0.5 pct in Q2 as signs of recovery emerge
EconomyMacroeconomy. Final consumption retains the lion’s share of GDP, making up 91 percent of the total figure in Q2
2% -
Government gears up for third review while lenders await pending actions
PoliticsGreek Politicsof Assets and Participation (HCAP), is still pending. A total of 95 prior actions have to be ticked off
2% -
Unemployment falls to 21.2 pct in June, lowest since Dec 2011
EconomyMacroeconomyto May, to total 1 million in June. The labour force rose slightly to 4.8 million in June
2% -
Car sales rise by 31.3 pct in August
EconomyMacroeconomyof total monthly car sales. Around half of these were registered in the Attica prefecture. The aggregate
2% -
Third review seen taking longer than Athens had hoped
PoliticsGreek Politicsthat more time will be needed to complete a total of 113 prior actions, 95 of which have to be ticked
2% -
Eurosystem funding drops by 5.1 bln in Aug driven by ELA fall
EconomyMacroeconomyaround 68.1 percent of the total withdrawn liquidity. The collateral pledged with BoG and the ECB
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Foreign arrivals push travel surplus up by 6.6 pct in July, average expenditure falls
EconomyMacroeconomyby 6.4 percent, while those from the US dropped by 14.9 percent. In total, arrivals from the 28 EU
2% -
Coalition looks to regain confidence, centre-left struggles with ballot
PoliticsGreek Politicsto be demanding a total of around 1 million euros but the parties behind the election process, including PASOK
2% -
Budget primary surplus at 3.54 bln in August, 29 mln off target on tax refunds, low revenues
EconomyMacroeconomypercent and a drop in direct taxes by 11.9 percent. In total, tax revenues missed their monthly target
2%