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Coalition warms to option of Kouvelis as president but success not guaranteed
PoliticsGreek Politicsafter the May 25 vote.
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Another 1 bln added in July to unpaid taxes in Greece, which total almost 68 bln
EconomyMacroeconomylow of 400-500 million recorded in April and May. The first-half target of legacy debt payments of 1
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Rate of credit contraction rises to 3.7 pct in July, balances fall
EconomyMacroeconomyis the highest monthly reading since May 2013. In June, net deductions stood at 324 million
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National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
EconomyBankingbillion euros in May and the recognition of additional DTA (994 million). The management noted
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Samaras, Tsipras under pressure to deliver on plans for economic policy
PoliticsGreek PoliticsThe government has built up expectations regarding Prime Minister Antonis Samaras's economic policy speech at the Thessaloniki International Fair (TIF) on Saturday, September 6 but the political tone for the weeks to come may be set by SYRIZA leader Alexis Tsipras's address a week later
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Greek PMI up to 50.1 in August, employment and profitability still falling
EconomyMacroeconomyGreece’s Manufacturing PMI resumed an upward trend for the first time since April, rising by 1.4 points to 50.1 in August from 48.7 in July, according to Markit. This was the first reading above the 50-point mark - which separates growth from contraction - since May. The factory output showed
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Strong tourism season confirmed by Q2 accommodation turnover
EconomyMacroeconomy) of the full year arrivals occurred in the summer season (June – August). Including those in May
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How many NPLs in the Greek banking sector are also non-recoverable loans ?
Agorato regain the loan may also be blocked through lengthy court proceedings. Many of the NPLs concern
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DIMAR's collapse continues, leaving doubts about presidential vote and centre-left
PoliticsGreek PoliticsTheodorakis earlier this year. Two MPs left DIMAR in the weeks following the May 25 EU vote and Lykoudis’s
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Greek CPI down by 0.3 pct in August as rate of decline slows for third month in a row
EconomyMacroeconomyin May, when it temporary shot up to -2 percent. In 2013, the CPI slipped by 0.9 percent for the first
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