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  1. Credit growth up by 1.5 pct in July

    EconomyMacroeconomy

    of 42 million euros in the previous month, while the outstanding balance came to 8.62 billion

    7%
  2. Trouble from Turkey prompts plans for extra defence spending after years of cuts
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of scandals in previous years concerning under-the-table payments to government and public officials

    7%
  3. GDP falls by 14 pct QoQ in Q2 and by 15.2 pct YoY to reach historic low
    Photo by Manolis Tsafos/Fosphotos

    EconomyMacroeconomy

    . This marks the sharpest YoY contraction in the series to date, surpassing the previous low

    7%
  4. ​Wages index up by 3.8 pct YoY in Q2 2020
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the previous quarter. Since its peak, the index has declined by a quarter on the back of the negative impact

    7%
  5. Athens hopes for letup in Turkey friction, but talks still in balance

    PoliticsForeign Policy

    the diplomatic efforts that have taken place the previous days. Prime Minister Kyriakos Mitsotakis welcomed

    7%
  6. Overdue social security contributions rise to 37 bln in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    , a slight increase of 12,486 individuals from the previous quarter. Around 9.3 percent of debtors owe

    7%
  7. Budget primary shows deficit of 6.61 bln in August
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in comparison to the same period of the previous year. PIB PIB revenues stood at 1.06 billion euros

    7%
  8. Loans under credit servicing firms edges down by 0.4 pct QoQ to 30.90 bln in Q2
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyBanking

    financial intermediaries came to 80 million compared to 79 million in the previous quarter. Loans to sole

    7%
  9. BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
    Photo via http://www.delphiforum.gr/

    Economy

    recession in its previous estimate, to 7.5 pct. This is in line with the European Central Bank’s

    7%
  10. Seventh post-bailout review completed, lenders flag up state arrears and unpaid pensions

    EconomyProgramme

    as this review, just like the previous one, acknowledges that the pandemic has placed enormous

    7%