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  1. Sallas exit from Piraeus marks end of era in Greek banking sector
    Photo by MacroPolis

    EconomyBanking

    investors and legal entities 68 percent, while the remaining 6 percent or so is held by individuals... the resignation of the previous CEO Anthimos Thomopoulos on January 15, Piraeus had announced it launched

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  2. Increase in overdue contributions accelerates to 831 mln in Q2 as total reaches 16.6 bln
    Photo by MacroPolis

    Economy

    of total). Moreover, around 24 percent of debtors owe between 15 and 30,000 euros each for an aggregate... reaching 6 billion from 5.47 billion in the previous quarter. As it was also evident in the previous

    14%

  3. Travel receipts drop at an accelerating pace of 10.4 pct in May despite growth in arrivals
    Photo by MacroPolis

    EconomyMacroeconomy

    arrivals by more than 6 percent to 25 million in 2016, while tourism revenues were expected to post a similar growth rate reaching 15 billion. However, SETE chairman Andreas Andreadis said earlier this week

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  4. SETE study presents short- and longer-term prospects of Greek tourism
    Photo by MacroPolis

    EconomyMacroeconomy

    percent in Q4, with the full-year figure seen at 25 million in 2016 from 23.6 million in 2015 up by 6... respectively, corresponding to just 15 percent of the overall average. However, SETE notes that the average

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  5. Coalition seeks to quash concerns about complications with Hellenikon development
    Photo via Flickr https://flic.kr/p/r7FCCf

    PoliticsGreek Politics

    than original 6 billion, 80 percent of those investments will be implemented within 12 years instead of the 15 years foreseen in the initial contract. Additionally, the investors agreed to create

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  6. Greek stocks down 2.6 pct on week, banks underperform for fifth straight week
    Photo via www.helex.com

    Economy

    at 253,945, which also represents the highest reading over the last 15 years. The Athens Stock.... The banking index closed the week at its lowest level since July 6. It has recorded losses of 13

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  7. Newsletter 92 - 14/10/2016

    Newsletters

    Eurogroup approves disbursement Discussions on second programme review expected to begin next week Welcoming the implementation by Athens of the 15 required milestones, Monday’s Eurogroup decided... production fell by 13.7 percent, but accounts for just 6 percent of the IPI. Manufacturing

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  8. Net job hirings of 7,788 in September; highest 9-month figure since 2001

    EconomyMacroeconomy

    accounted for more than 6 out of 10 hirings in September. The share of males among the total hirings... of 15,842 were posted by the 30–44-year-old age group, while the employment balance among youth (15

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  9. Rise in overdue contributions slows to 310 mln in Q3, total at 16.9 bln

    EconomyMacroeconomy

    24 percent of debtors owe between 15 and 30,000 euros each for an aggregate amount of 1.54 billion... 6,300 QoQ to 153,666 at the end of September. The total settled amount increased to 6.29 billion from 6

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  10. Industrial production edges up 0.1 pct in September
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    on the total index. The biggest drop of 15 percent was posted by mining and quarrying production, but it accounts for only 6 percent of the IPI. The main industrial groupings displayed mixed trends

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