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Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
Economydeposit cost, attributed to decreased time deposit rates, leading net interest income (NII) down 4
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Piraeus Q3 trading update shows significant acceleration in NPL formation
EconomyBankingon quarter (QoQ) to 38.1 billion in Q3 from 38.8 billion in Q2 with Greek deposits down 0.6 percent
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Industrial turnover dives 18.3 pct in Aug for highest drop in almost 5 years
EconomyMacroeconomyturnover (down 18.4 percent), whilst mining and quarrying turnover posted a slower decrease by 12.8. Note
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Greece changing direction on energy policy, warms to US-backed projects
PoliticsForeign Policycountries, and that would be good. It will bring prices down, it will increase our energy security
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Disposable income slips 1.6 pct in Q2 on higher income and wealth taxes
EconomyMacroeconomy. In absolute terms, property income reached 2.56 billion in Q2, down by almost 40 percent since 2009. After
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Growing hopes that Greek recession will be milder than expected
Economybillion for 2015, down 3 percent from the 2014 unadjusted figure. Applying the same drop rate
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Greece fell two places to 60th in Doing Business ranking, World Bank says
EconomyGreece’s position in ‘Ease of doing business’ ranking deteriorated by 2 spots, World Bank 2016 Doing Business report showed. Greece is ranked in the 60th place among 189 countries, down from a revised 58th place last year with a distance to frontier (DTF) score of 68.38. DTF benchmarks economies
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Coalition starts to feel backlash from latest round of measures
PoliticsGreek Politicspledged to bring their tractors down to Athens to demonstrate on the government’s doorstep
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Tsipras rages against EU over refugee crisis but own goals unclear
PoliticsForeign Policyin the Evros region and to tear down a fence that was built there a few years ago. According
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Greek stocks slide by 1.6 pct over week on bank correction
Economybut is still down by 12.1 percent in the post capital control period. After a strong performance
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