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  1. Industrial production surges 7.5 pct in June, with highest growth rate since 2001

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) soared 7.5 percent in June following an upward revised rise by 3 percent in May, Hellenic Statistical Authority (ELSTAT) data displayed on Tuesday... after a drop by 4.1 percent month on month posted in May. Following the strong rebound in June

    2%
  2. Eurobank remains profitable with net profits of 46.2 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    of 2019. The final targets may be finalised at the end of September. It should be noted that Eurobank announced on May 20 that it proceeded with the sale of 170 million NPLs in Romania, with the bank

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  3. The great turn-off: Greece's TV permits auction

    Agora

    At the start of the process to auction four TV licenses in Athens last week, one of the people in the room was taken to the hospital. He may have been the lucky one. By that point what began... time steamrolling its way through the tender. It may have been obliged to adopt an approach that would

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  4. Unemployment rate edges down to 23.4 pct in June, lowest since March 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate edged down to 23.4 percent in June following an upwards revised rate of 23.6 percent in May, Hellenic Statistical Authority (ELSTAT) labour force... time, the number of jobless fell by 6,800 in June, after rising by 3,200 in May, and landed at 1.12

    2%
  5. Eurosystem funding falls by another 4.4 bln in August
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    by almost 16 billion euros since the end of May, mainly reflecting the reinstatement of waiver on Greek... at 45.43 billion euros at the end of August, which is the lowest reading since May 2015. Overall, banknotes

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  6. Deposits grow by 1.3 bln in August, highest inflow in 2016

    EconomyMacroeconomy

    to 123.89 billion in August, reaching its highest level since May 2015. The positive flow in August..., which also indicates the highest reading since May 2015. Meanwhile, Greek banks’ reliance

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  7. Greek government risks mauling after straying off
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    the matter in the bud. Tsipras may still have the chance to learn from the former conservative... may be slipping. What was meant to be his crowning moment as far as his promise to tackle the shady

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  8. Retail sales rebound by 7.1 pct in July for first time in thirteen months
    Photo by MacroPolis

    EconomyMacroeconomy

    headline figure is the first positive reading since May 2015 and the highest since March 2010... is the highest reading since May 2015. Over the past six years, the Greek retail turnover has recorded a sharp

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  9. How Greece's political system failed to safeguard the largest investment in the country's history

    Agora

    During May and June 2013, the four core banks conducted share capital increases to cover... receipts from its bank holdings but it may need to make an additional 10-billion-euro capital

    2%
  10. Bad news for Greek Shipowners? Tonnage tax under European Commission scrutiny

    Legal

    Upon completion of a long-winded ex officio inquiry into the Greek taxation regime for shipping, the European Commission found that the pertinent legal framework includes certain provisions that may... is undertaken based on the above information. Disclaimer All rights reserved. No part of this publication may

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