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  1. Greek stocks down 5.1 pct over week as investors remain cautious

    Economy

    to the previous week’s losses of 3.2 percent. Over the past two months, the Greek stock market has... by 30.7 percent this week after a nosedive of almost 20 percent the previous week. Since the beginning... in the previous week, indicating the weakest activity in the post capital controls period. All trading

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  2. Greece stands on fault line between vicious and virtuous cycles for 2016

    Agora

    previous ones meant that any troika financing was put immediately on hold. This left Alexis Tsipras’s... dropped to a mere 77 million as more than 2.5 billion had been sapped in the previous twelve months... to further reducing the income of pensioners after eleven previous rounds of cuts, agree further

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  3. Greek stocks rebound 5.8 pct over week

    Economy

    Following a decline of 17.8 percent in the previous two weeks, Greek stocks rebounded 5.8 percent... percent but erased only a fraction of previous weeks’ huge losses. The year to date performance shows... this week from 77 million euros in the previous week. Corporate news Alpha Bank said on Wednesday

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  4. Calls for snap polls, parliamentary probes set tone for polarised politics
    Photo by MacroPolis

    PoliticsGreek Politics

    -of-court settlement made between the previous government and Siemens in 2012 and for a review of criminal... to hold the previous corrupt elite to account. However, the parliamentary inquiry would also serve... on the spot. Instead, his speech focussed on changes to legislation under previous governments that he

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  5. IMF sees contraction of 0.6 pct this year before strong rebound in 2017
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    Economy

    next year. In its previous WEO, released on October 5, the IMF said it expected Greek GDP... easing to 23.4 percent in 2017. Starting from a higher base of 26.8 percent, the previous IMF... in 2016 and 22.8 percent in 2017. The IMF foresees zero inflation in 2016, unchanged from its previous

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  6. Piraeus reports net loss of 37 mln in Q1, records negative NPL formation for first time since 2008
    Photo by MacroPolis

    EconomyBanking

    billion in the previous quarter, primarily burdened by exceptionally high loan provisions, and 67... in the previous quarter. The management reiterated its target for a negative NPL formation of 1... percent in the previous quarter. During the conference call, the management appeared optimistic

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  7. The enemy within

    Agora

    and presenting itself as a friend of those who have been getting the rough end of the stick in previous... that previous governments have failed to ensure the burden for pulling Greece out of its economic crisis... that has been used by previous governments. Who could forget, for instance, the so-called “theory of two

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  8. Newsletter 78 - 17/06/2016

    Newsletters

    the discussion about spending and taxes that have dominated the agenda so much in previous months. The government... given the publicity it had gained as a result of the government’s rhetoric in previous days... 24.4 percent in the previous quarter. However, year on year, the jobless rate fell 1.7 percentage

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  9. Increase in overdue contributions accelerates to 831 mln in Q2 as total reaches 16.6 bln
    Photo by MacroPolis

    Economy

    The rate of increase in unpaid social security contributions (SSCs) almost doubled quarter on quarter (QoQ) to 831 million in Q2 from 429 million in the previous quarter. The outstanding amount... reaching 6 billion from 5.47 billion in the previous quarter. As it was also evident in the previous

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  10. CPI tumbles by 1 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    . The headline figure for July is the highest deflationary reading since April. In line with the previous month... and non-alcoholic beverages by 2.2 percent. Compared to the previous month, CPI declined by 1.6... and services posted a change less than 1 percent from the previous month’s level. Greece remains

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