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  1. Greece's ongoing divestment from banking sector creates new lender, stirs controversy
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyBanking

    , as it will have total assets of just over 7 billion euros, compared to assets that range between 73 and 79

    13%
  2. NBG NII jumps 13 pct YoY in H1 to 1.19 bln, net profit up 27 pct to 646 mln
    Photo by MacroPolis

    EconomyBanking

    at 18.3 percent, from 17.3 percent in H1 2023. The total capital ratio increased to 20.9 percent, from

    13%
  3. Trade deficit moderates in June, up 10.5 pct YoY in H1
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    showed that the trade deficit increased by 10.5 percent, bringing the total to 16.73 billion euros

    13%
  4. Megafire surges into Athens suburbs, posing major challenge for PM
    Image: MacroPolis

    PoliticsGreek Politics

    of a total 556 million earmarked by authorities for the beefing up of the country’s firefighting

    13%
  5. PM banks on restoration and compensation healing Attica fire wounds

    PoliticsGreek Politics

    to the Copernicus Emergency Management Service, a total of 1,238 buildings were affected by the fire, which

    13%
  6. Manufacturing leads industrial turnover rise of 4.7 pct YoY in Jun
    Photo by MacroPolis

    EconomyMacroeconomy

    by 8.1 percent. On a monthly basis, industrial turnover in the total market increased by 2.8

    13%
  7. Tourist arrivals up by 15.5 pct in H1, average spend down by 3.1 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    . In total, arrivals rose by 15.5 percent to 11.63 million in the first six months. This compares with 10.06

    13%
  8. Corporate, income taxes and VAT propel tax outperformance in July above 2 bln
    Image: MacroPolis

    EconomyMacroeconomy

    budget, came to 28.27 billion euros. Net revenues came to 39.19 billion euros. The total budget

    13%
  9. Building activity's upward course halts in May with 19.6 pct YoY drop
    Photo by MacroPolis

    EconomyMacroeconomy

    The strong start to the year for building activity halted in May, with a sharp drop of 19.6 percent year-on-year (YoY), after a rise of 40.1 percent in April, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Wednesday. The total number of permits issued in May reached

    13%
  10. Deposits drop by 607 mln in July, led by corporate savings
    Photo via https://flic.kr/p/j1gHCm

    EconomyMacroeconomy

    million to 37.25 billion. Corporate deposits increased by 780 million euros to 48.22 billion euros. Total

    13%