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  1. Athens eyes cancellation of pension cuts as Tsipras prepares Thessaloniki package
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    to 21 percent at a cost of 385-400 million euros; 2. A horizontal cut in the region of 30 percent

    10%

  2. Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
    Photo by MacroPolis

    EconomyBanking

    into costlier management actions, according to the bank. Balance Sheet Eurosystem funding fell by 2 billion

    10%

  3. Banks on track with NPE targets in Q2 as sales play bigger role
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    quarter to 2.1 percent. Sales played a bigger role in NPE reduction during the quarter, with around 2

    10%

  4. Newsletter 173 -07/09/2018

    Newsletters

    increases and spending cuts during the crisis years compared to all other OECD countries surveyed. 2

    10%

  5. Industrial production grows by 1.9 pct in July for year's second highest rise

    EconomyMacroeconomy

    reading is also the second highest for the year so far, after April’s rise of 2 percent. Last year

    10%

  6. Q2 wages index falls by 0.4 pct QoQ and rises by 2.6 pct YoY
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , the index fell by 0.4 percent quarter-on-quarter (QoQ) after having risen by 2 percent in Q1. The latest

    10%

  7. Sarantis Group sales rise by 9.8 pct in H1
    Image via www.sarantis.gr

    EconomyCorporates

    Consumer product producer and retailer Sarantis Group’s results for the first half (H1) of the year showed that sales improved by 9.8 percent during the period. Overall sales came to 160.3 million euros versus 146 million for the same time last year. Domestic sales increased by 2 percent in H1

    10%

  8. Primary cash surplus up to 16.76 bln in Aug on improved revenues and cash buffer disbursement
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million euros or just under 2 percent in August compared to the same month last year. Monthly

    10%

  9. Strong receipts push travel balance up by 15.9 pct in July
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 3.9 million. Those from euro-denominated areas rose by 15.7 percent to 2 million. Visitors from

    10%

  10. Budget surplus confirmed at 3.16 billion in August
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of slightly over 2 billion euros for the whole of 2018. As mentioned, net revenues amounted to 30.43

    10%