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  1. Decline in retail sales accelerates to 8 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    by 1.7 and 1.8 percent respectively. Turnover and volumes indices were dragged down by the automotive

    2%
  2. Greek stocks remain flat during week, banks underperform

    Economy

    dropping by almost 20 percent to 14.9 million euros, while EBITDA landed at 5.8 million, down 28.1 percent

    2%
  3. Political leaders weigh up next moves in August lull
    Photo by MacroPolis

    PoliticsGreek Politics

    As legislative activity dies down for August, and before the commotion that will undoubtedly accompany the next bailout review in the autumn, leaders’ moves on the domestic political chessboard are attracting attention. Prime Minister Alexis Tsipras has invested in a strategy of trying to force

    2%
  4. Bank of Greece publishes revised Code of Conduct for management of NPLs
    Photo by MacroPolis

    EconomyMacroeconomy

    -down. For businesses, two additional long-term settlements involve operational restructuring

    2%
  5. New Democracy latches on to SYRIZA confusion over law and order

    PoliticsGreek Politics

    . The conservatives have gone down this route before, launching the Xenios Zeus campaign aimed

    2%
  6. Unemployment rate stable at 23.5 pct in May after upward revision for April
    Photo by MacroPolis

    EconomyMacroeconomy

    . The combined effect of those two changes led the non-seasonally adjusted (NSA) unemployment rate down

    2%
  7. Industrial production surges 7.5 pct in June, with highest growth rate since 2001

    EconomyMacroeconomy

    in manufacturing production. On the flipside, electricity and water supply production edged down by 0.4

    2%
  8. Eurosystem funding drops by another 4.3 bln in July, largely on reduced ELA reliance
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    at the end of June 2015. The bulk of that drop stemmed from ELA funding, down by 35.32 billion

    2%
  9. Recent steady rise in refugee arrivals pose extra challenge for Greece
    Photo by MacroPolis

    PoliticsForeign Policy

    played down the rise and insists that the situation continues to be manageable, especially compared

    2%
  10. Greece's latest GDP figures and what to expect for the rest of the year
    Photo by MacroPolis

    Agora

    quarters, Q3 and Q4 GDP would increase by 0.4 and 0.2 percent respectively leading 2016 GDP down by 0.2

    2%