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  1. Piraeus Bank reports net profit of 164.3 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    funding cost, also involving a 26 bps drop in time deposit rates, and higher loan NII. June time... operations. The quarterly movement reflects a drop in savings and sight deposits by 5.1 and 2.3 percent

    4%

  2. Greek banks' Eurosystem funding declines by another 53 mln in August

    EconomyMacroeconomy

    November 2009. The marginal drop in August is fully attributed to ECB funding, while the Emergency... drop by 18.66 billion on the year-end 2013 figure of 63.23 billion. ELA funding was eliminated since

    4%

  3. Current account surplus reaches 1.68 bln in July thanks to services
    Photo by MacroPolis

    EconomyMacroeconomy

    million. This outweighed widening of the trade deficit by 211 million euros and a slight drop... by a drop in the income deficit (by 534 million) and a rise in the current transfers’ surplus (by 419

    4%

  4. Greek economic sentiment and consumer confidence fall for third month in a row
    Photo by MacroPolis

    EconomyMacroeconomy

    to -47.7 in June recording a cumulative drop of 8 points thereafter. Nevertheless, the balance since..., recording a drop of 11.6 points since August. The September figure is the lowest reading since December 2013.

    4%

  5. Tourism helps bring Greek unemployment down to 26.4 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    is an increase by 34,200 from the June figure. However, the cumulative drop over the past 5 years stands... and 45-54) posted a much lower drop YoY and landed at 35.4, 22.3 and 20.4 percent respectively

    4%

  6. Developments in Greece produce volatile market reaction

    Economy

    , for Greek bank stocks the drop was much higher. They reached 8.4 percent on Friday, with weekly losses.... This is a more aggravated drop than the ASE, which showed losses of 8.2 percent over the same period

    4%

  7. Greek jobless rate dips below 26 pct in August for first time in two years
    Photo by MacroPolis

    Economy

    upward movement for the first time since February. The drop in the seasonally-adjusted jobless rate...) evolution shows an acceleration in the rate of drop for unemployed for the sixth successive month to -8.3

    4%

  8. Greek retail index down 0.9 pct in Sept. although volume increases
    Photo by MacroPolis

    EconomyMacroeconomy

    . The highest drop in September retail turnover was posted in food, beverages and tobacco (-4.5 percent... 3.5 percent month on month (MoM), while the respective volume figure recorded a sharper drop (-9

    4%

  9. Rare rise of 2.1 pct in Q3 for Greek wages index

    EconomyMacroeconomy

    at 80.9. From the peak of 108.2 registered in Q1 2010, the wages index shows a cumulative drop of 20.7... showed Greek figure fell 1.2 percent, which was the second highest drop among the EU-28 countries

    4%

  10. Greek stocks, bond yields feel impact of Parliament's failure to elect president

    Economy

    7.7 percent, while Piraeus rose by 2 percent and Alpha recorded a marginal drop of 0.2 percent. The banking sector's monthly losses stand just shy of 25 percent. The sharp drop in stock prices

    4%