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  1. Bank holiday to end but capital controls remain and some transactions forbidden
    Photo by MacroPolis

    Economy

    rates are effective as of July 20. Moreover, the hotel VAT rate is set at 6 percent until September

    3%

  2. Sharp drop of 4.2 pct in Greek industrial turnover in May

    EconomyMacroeconomy

    smoothed the 12-month trailing rate. The decrease by 4.2 percent in May reflects a drop in manufacturing

    3%

  3. Manufacturing PMI falls to record low in July, new business sees biggest drop

    EconomyMacroeconomy

    . As a result, the rate of cost inflation accelerated to the second fastest since September 2012

    3%

  4. Record revenue shortfall of 2.83 bln in July shrinks primary surplus outperformance

    EconomyMacroeconomy

    revenues (before tax refunds) fell for the third successive month at a double-digit rate by 16.2 percent

    3%

  5. Greek stocks almost unchanged at end of roller coaster week

    Economy

    rate up 17 percent to 640.8 million. Hellenic Petroleum reported EBIDTA at 130 million in Q2 from 49

    3%

  6. Lack of new orders and sharp drop in production lead to weak PMI in August

    EconomyMacroeconomy

    for the fifth straight month, albeit at a slower pace compared to July. However, the August rate

    3%

  7. Even week for Greek stocks but trading thins out

    Economy

    rate (+16.4 percent) to 39.4 million. EBITDA climbed by 27.7 percent to 17.5 million. GEKTERNA also

    3%

  8. Wages index drops in Q2 to its lowest level since 2001

    EconomyMacroeconomy

    After growing in the preceding three quarters, the seasonally adjusted (SA) Wages Index fell by 2.1 percent year on year (YoY) in the second quarter (Q2) of 2015, according to the Hellenic Statistical Authority (ELSTAT). In the previous three quarters, the growth rate ranged between a marginal 0.3

    3%

  9. Industrial production drops by 1.6 pct for third successive month in July

    EconomyMacroeconomy

    . The positive growth rate reflects an increase in energy and capital goods’ production by 17.6 and 1.8

    3%

  10. Building permits shoot up by 14.7 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    . However, the run rate over the trailing twelve months displays a downward trend due to the negative rates

    3%