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  1. Wages index rises by 8 pct YoY in Q2, taking growth to more than 2 years
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index maintained a solid growth trend in Q2, rising by 8 percent year-on-year (YoY), from 7.4 percent growth in the first quarter of 2024, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The wa...

    24%

  2. Budget comfortably beats target up to Aug thanks to 2 bln excess taxes, 3.6 bln underspend
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 7.57 billion euros in August, compared to a surplus of 5.6 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Wednesda...

    24%

  3. Deposits rise by 2 bln in Aug, reaching new recent high of 205.4 bln
    Photo via https://flic.kr/p/95a2dS

    EconomyMacroeconomy

    The Greek banking system’s private sector deposits rose in August, with a net increase of 2.05 billion euros, after a drop of 1.15 billion euros in July, according to the latest Bank of Greece (BoG) figures released on Thursday. The annual growth in Jul...

    24%

  4. What is the state of play with Greek banks?

    Economy

    at the forefront of domestic corporate developments. Their stock performance, with gains in excess of 50 percent... of) their business plans 2) the first exercise of warrants, particularly for Alpha, which

    22%

  5. High school pupils see answers to crisis in protest and emigration

    Society

    confident about the future – just 2 percentage points up on last year. Only 13 percent said... and live anywhere within its borders. This percentage rose from 50 percent last year.

    22%

  6. With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    launched before the Greek crisis, in exchange for bank preference shares 2) 1.22 billion also issued... million compared to the 2013 figure. After falling by 50 percent this year, interest payments

    22%

  7. Manufacturing PMI edges up for second month in a row

    EconomyMacroeconomy

    , this is the first back to back reading above 50 for almost five and half years. Production... by 0.7 points to -65.2, almost 2 points away from a 3.5-year high reached in December.

    22%

  8. Why did Greece return to bond markets now? Was it the right decision?

    Economy

    by more than 50 basis points and foreign investor participation in the transactions increased. On top... and European Parliament election in May. 2) Who bought the bond and can we discern anything from

    22%

  9. Five things to take away from the first round of Greek local elections
    Photo by MacroPolis

    PoliticsGreek Politics

    came second but the New Democracy-backed hopeful won just over 50 percent of the vote..., this remains a tall order. 2. New Democracy slips up The tactics chosen by New Democracy

    22%

  10. Alpha Bank acquires Citigroup's retail banking unit in Greece
    Photo by MacroPolis

    EconomyBanking

    at 2 million euros, is capital neutral for Alpha and is expected to contribute positively to Alpha pre... the Citibank brand name for 50 years and is the largest foreign bank in Greece. It mainly operates

    22%