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  1. Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
    Image via www.piraeusbank.gr

    EconomyBanking

    billion) and consumer loans (3.4 billion). The NPE ratio edged down to 55.3 percent in Q3 from 55.6

    4%

  2. Slight uptick for economic sentiment and consumer confidence in November
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    by 16.8 points, retail trade has deteriorated by 7.5 points while construction has pushed further down

    4%

  3. Retail sales drop by 0.7 pct in September after upward revision for August
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    showed the largest decline at -5.2 percent. Breaking down the numbers, retail sales not in stores led

    4%

  4. Newsletter 142 -1/12/2017

    Newsletters

    trade has deteriorated by 7.5 points while construction has pushed further down by 15.3 points

    4%

  5. GDP growth slows in Q3 amid lower 2017 forecasts
    Photo by MacroPolis

    EconomyMacroeconomy

    increased by 0.9 percent QoQ and dropped by 2.2 percent YoY, taking final consumption expenditure down

    4%

  6. Banks meet NPE reduction targets in Q3, adjust targets for next two years
    Bank of Greece

    EconomyMacroeconomy

    was down against the target by 89 million. The NPE ratio stood at 50.1 percent in Q3, slightly higher

    4%

  7. Strike legislation, auctions present Athens with challenges in wake of SLA
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    official also played down the possibility of Greece not implementing the pension cuts it has agreed

    4%

  8. Car sales rise by 16.1 pct in November
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time rose by 16.1 percent in November from 34.4 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Friday. Car sales for November stood at 12,219, down slightly from October’s figure of 12,737. Passenger cars rose

    4%

  9. Erdogan ends trip with softer tone, consensus on refugees
    Photo by Angelos Christofilopoulos/Fosphotos

    PoliticsForeign Policy

    appeared to slightly tone down his approach during his brief press conference with Tsipras a little

    4%

  10. Erdogan visit leaves Athens with much to ponder, no visible signs of progress
    Photo by Andrea Bonetti/Fosphotos

    PoliticsForeign Policy

    by Athens as the Greek Supreme Court turned down the request for their extradition in January. Government

    4%