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  1. Bank credit contracts by 1.7 pct in September on loan deductions of 355 million

    EconomyMacroeconomy

    the most marked decline of 28.6 percent over the last 23 quarters, followed by drop rates of 24.1 and 18.8

    2%

  2. Economic sentiment and consumer confidence markedly improve in October
    Photo by MacroPolis

    EconomyMacroeconomy

    in October to -4.7, after a short-lived drop by 1.1 points in September. The year-to-date gains stand

    2%

  3. Parliament's budget office sees obstacles to recovery, warns on private debt

    EconomyMacroeconomy

    In its quarterly report published on Monday, the Parliamentary Budget Office (PBO) notes that the macroeconomic developments in Greece in the third quarter (Q3) sent mixed signals. In particular, the recession is continuing, while a drop in the Q2 unemployment rate is mostly attributed

    2%

  4. Trade deficit falls 12.1 pct in Sept following export growth for first time since Apr 2015
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit narrowed by 12.1 percent in September after rising by 11.6 percent in August, Hellenic Statistical Authority (ELSTAT) data displayed on Monday. September’s drop is entirely attributed to a 16.6 percent increase in exports against a rise in imports of 4.2 percent. Exports

    2%

  5. Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
    By Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    lower than last year. This corresponds to a drop in revenues of more than 7.8 percent in Q4 compared

    2%

  6. CPI drops at a slower pace of 0.5 pct in October
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Τhe Greek Consumer Price Index (CPI) fell at a decelerating pace of 0.5 percent in October after a drop of 1 percent in September, according to data published by the Hellenic Statistical Authority (ELSTAT) on Thursday. The headline figure for October, along with that for February, are the lowest

    2%

  7. In 16th successive fall, Eurosystem funding drops by 3.5 bln in Oct
    Photo by MacroPolis

    EconomyMacroeconomy

    billion since June 2015, when the third bailout agreement was agreed. The bulk of this drop was recorded

    2%

  8. Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
    Photo by MacroPolis

    EconomyBanking

    lower by 163 mln QoQ to 36.7 billion, while has recorded a cumulative drop of 1.1 billion over

    2%

  9. Greece worst-performer in EU 28 for social justice
    Photo by Panayiotis Tzamaros/Fosphotos

    Society

    in 2015). This meant that Greece suffered a drop of 0.78 on the mark it gained in 2008, the largest

    2%

  10. Attacks on Chios refugee camp underline precarious balance on islands
    Photo by Giannis Papanikos/Fosphotos

    PoliticsGreek Politics

    for the migrants’ plight, islanders saw tourism revenues drop this summer and this has stoked some resentment

    2%