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Credit contraction slows to 1.6 pct in July, loan deductions jump to 638 mln
EconomyMacroeconomyCredit contraction in the Greek banking market decelerated to 1.6 percent in July from 2 percent in June, Bank of Greece (BoG) figures showed on Friday. The July headline figure represents the slowest rate of drop over the past twelve months. Loan balances fell by more than 1 billion euros from
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Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
EconomyMacroeconomyposted in Q1. As a result, investment grew by 2 percent in H1. However, investment has tumbled
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New round of cuts in supplementary pensions
Economy(17-18 percent) will be affected in the next scheduled payment due on September 2, according to ETEA
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Alpha Bank reports net losses of 16.8 mln in Q2
EconomyBankingthe conference call, the management noted it expects deposit inflows of 2 – 2.5 billion for the Greek
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Eurobank remains profitable with net profits of 46.2 mln in Q2
EconomyBankingdropped by 2 percent in the first half (H1). Cost containment in the bank’s Greek operations was more
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Newsletter 86 - 02/09/2016
far in 2016. August provided some promising signs for a pick-up in Greek manufacturing. 2 Where's
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Unemployment rate edges down to 23.4 pct in June, lowest since March 2012
EconomyMacroeconomycontracted by 2 percentage points (pp) from last year to 19.8 percent, while that for women recorded
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Mitsotakis pledges tax cuts, looks for party balance and broad appeal
PoliticsGreek Politicscuts if Greece’s primary surplus is reduced from 3.5 percent of GDP to 2 percent after 2018. He
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Tsipras limits pledges and expectations in Thessaloniki
PoliticsGreek Politics, the steps are: 1) Completion of the next programme review, 2) Defining debt relief measures, 3) Greece’s
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The story behind Attica Bank, the non-systemic lender thrust into the spotlight
EconomyBankingof 871 employees, which makes up 2 percent of the Greek banking personnel. In 2015, Attica posted
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