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  1. Greece's harsh social reality

    Agora

    close to 28 percent at one point have been widely and repeatedly reported as Greece has struggled

    3%
  2. Alpha Bank reports net losses of 16.8 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    Alpha reported net losses of 16.8 million euros in the second quarter (Q2) of 2016 from 2.2 million in the previous quarter. Results incorporate a one-off trading gain of 71.9 million euros from the acquisition of Visa Europe from Visa Inc and an extraordinary impairment loss related

    3%
  3. HFSF study identifies constraints on developing dynamic NPL market

    EconomyBanking

    that an applicant whose request was dismissed may re-apply after an interval of one year. Given

    3%
  4. New overdue taxes increase by 811 mln in July, total stock at 90.4 bln

    EconomyMacroeconomy

    in July from 43.5 percent in June. Therefore, the 7-month rate more than halved in one month to 10.3

    3%
  5. Talk of refugee returns adds to stretched Greece's anxiety
    Photo by MacroPolis

    PoliticsForeign Policy

    issue in the months ahead. Prime Minister Alexis Tsipras is expected to make the refugee crisis one

    3%
  6. Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead

    Agora

    The four core Greek banks released their second quarter (Q2) results in the last two days of August, which showed improving trends in core revenues as well as encouraging signs on the loan quality evolution. However, impairment charges jumped quarter on quarter (QoQ), mainly reflecting one specific

    3%
  7. Building activity slumps by 21.7 pct in June for sixth successive month
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    percent respectively in the 6-month period of 2016. Building activity is one of the business sectors

    3%
  8. The story behind Attica Bank, the non-systemic lender thrust into the spotlight
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyBanking

    household loans and leasing account for 19.9 and 7.3 percent respectively. More than one-quarter (26.7

    3%
  9. After talks with lenders, Greece returns to list of tasks to secure next bailout payment

    EconomyProgramme

    on September 15 the share purchase agreement for Hellinikon (former Athens airport), which was one the six

    3%
  10. Record low net job balance in Aug but 8-month figure highest since 2001

    Economy

    at 10,651 and 5,477 respectively. The breakdown by age showed only one age group (45-64 years old) posted

    3%