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  1. Industrial turnover records its sharpest drop in six years, down 15.4 pct in July

    EconomyMacroeconomy

    The Greek Turnover Index in Industry dropped by 15.4 percent in July from a revised 12.9 percent decline in June, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The July rate indicates a decrease for the ninth successive month and the highest negative reading since October 2009

    3%

  2. Retail sales nosedive by 8.7 pct in July amid capital controls

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index fell sharply by 8.7 percent in July, after a 1.7 percent drop in June, the Hellenic Statistical Agency (ELSTAT) said on Wednesday. The July rate is the highest negative reading over the last two years and is largely attributed to the imposition of capital

    3%

  3. IMF sees Greek debt above 200 pct of GDP in 2016, at 182 pct in 2020

    Economy

    percent in 2015 and 1.3 percent in 2016. Furthermore, the IMF sees the unemployment rate rising to 26.8

    3%

  4. Greek stocks post weekly rise of 5.6 pct, with banks rebounding strongly

    Economy

    showing passenger traffic rose 19 percent in Q3 to 4.27 million, while the respective 9-month rate

    3%

  5. Omnibus bill goes to Parliament as Greece seeks to unlock 2 bln sub-tranche

    EconomyProgramme

    finance deficient supplementary pension funds. Tax 6) Increase in the tax rate on rental income from 11

    3%

  6. Committee of wise men proposes drastic changes to Greece's pension system

    Economy

    the pension capital and bear a virtual interest rate based on macroeconomic assumptions

    3%

  7. Piraeus Q3 trading update shows significant acceleration in NPL formation
    Photo by MacroPolis

    EconomyBanking

    (ELA) funding slipping by 1 billion to 21.2 billion. The new time deposit rate further fell by 64

    3%

  8. Cash primary surplus contracts 2.9 pct to 2.68 bln on weak revenues in Sept

    EconomyMacroeconomy

    billion. Interest payments rose by a mid-single digit rate (+5.8 percent) to 5.18 billion in the 9-month

    3%

  9. Industrial turnover dives 18.3 pct in Aug for highest drop in almost 5 years

    EconomyMacroeconomy

    - and the fifth this year - double-digit drop rate. It is also the highest negative reading since October 2009

    3%

  10. Travel receipts rebound by 7.3 pct in August, partly reflecting higher spending per trip

    EconomyMacroeconomy

    Greece's travel receipts rose by 7.3 percent in August, more than double the previous month’s rate of 3.5 percent, Bank of Greece (BoG) figures indicated on Thursday. The absolute figures showed travel receipts stood at 3.4 billion in August with the corresponding payment up 10 percent to 214

    3%