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

    Economy

    million this week from 19 million in the previous week. The latter excludes the one-off transaction

    4%
  2. Newsletter 86 - 26/08/2016

    Newsletters

    and the increase in the unemployment rate to over 27 percent at one point have been widely and repeatedly

    4%
  3. Credit contraction slows to 1.6 pct in July, loan deductions jump to 638 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    posted in corporate lending (-23.1 percent) and housing loans (-18.2 percent). One of the key

    4%
  4. Greek, Turkish foreign ministers hold informal talks as refugee crisis, Cyprus loom
    Photo via Greek Foreign Ministry https://flic.kr/p/LseXq7

    PoliticsForeign Policy

    Istanbul and Thessaloniki. But one of the main issues of Sunday's talks was the ongoing reunification

    4%
  5. Retail sales drop for thirteenth straight month by 5.2 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    percent largely reflecting a nosedive in household disposable income that has been cut by almost one

    4%
  6. PMI picks up to 50.4 in August, new orders grow for first time in two years

    EconomyMacroeconomy

    was one of the strongest months for Greek producers during 2016”.

    4%
  7. Greek stocks climb 3 pct on week, banks post double-digit gains
    Photo via www.helex.com

    Economy

    million, while provisions climbed 27 percent to 222.4 million. NBG recorded in the P&L a one-off loss

    4%
  8. Greece not seen meeting milestones soon, refugee rise may add to tension

    PoliticsForeign Policy

    one of the 15 milestones (the Public Power Corporation’s general assembly approving the sale of a 24

    4%
  9. Greece's harsh social reality

    Agora

    close to 28 percent at one point have been widely and repeatedly reported as Greece has struggled

    4%
  10. Alpha Bank reports net losses of 16.8 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    Alpha reported net losses of 16.8 million euros in the second quarter (Q2) of 2016 from 2.2 million in the previous quarter. Results incorporate a one-off trading gain of 71.9 million euros from the acquisition of Visa Europe from Visa Inc and an extraordinary impairment loss related

    4%