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  1. August sees third Greek C/A surplus in a row, reaching 1.82 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    respectively. According to the BoG, the narrowing of the trade deficit reflects a lower net import... that the widening of the trade deficit is attributed to a higher net import bill for oil and ships, which... in the services’ surplus by 17.4 percent is mainly owed to higher net travel receipts followed by hiking net

    11%
  2. Greek credit contracts by 3.1 pct in December

    EconomyMacroeconomy

    in the course of 2014. Monthly net deductions slightly increased to 234 million from 171 million... that the average monthly figure for net deductions stood at 560 million for 2014. The negative credit flow in December mainly stems from net deductions in the corporate and household sectors of 155 and 117

    11%
  3. Greek credit falls by 2.9 pct in Jan as lending balances reach 214 bln

    EconomyMacroeconomy

    , shipping balances (mostly denominated is US dollar) rose by 811 million MoM, although net additions... million, despite net deductions of 311 million, as 10 percent of mortgages are denominated in Swiss franc, which sharply appreciated against euro. Monthly net deductions fell below the 100-million mark

    11%
  4. Current account in surplus for 2nd straight month in June but down 20 pct on 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    that net payments for purchases of ships declined almost fully offsetting a rise in the net oil... to lower net receipts from transport and other services. In contrast, the travel surplus slightly... half primarily reflects lower net payments for purchases of ships and – to a lower extent – lower net

    11%
  5. Declared income falls 28.7 pct from 2011 to 2014, salaries and pensions suffer most

    Economy

    A total number of 8.52 million individuals declared annual net income of 73.93 billion euros...-earners and pensioners consistently make up more than three quarters of total declared net income... the last three years. Net income from other activities fell by 21.4 percent since 2011 and landed

    11%
  6. Greek stocks advance 2.6 pct for second straight week on improved investor sentiment

    Economy

    on Thursday with a large number of firms posting their quarterly results this week. Mytilineos net.... METKA Q4 net profit surged 68.5 percent to 38.4 million mainly driven by its sub-Saharan operations... Corporation (PPC) recorded net loss of 102.5 million in 2015 from profit of 91 million last year largely

    11%
  7. Credit contraction slightly accelerates to 1 pct in May on deductions of 395 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    0.9 percent in the previous month, Bank of Greece (BoG) figures showed on Wednesday. The net lending flow turned negative for the first time since February with net deductions standing at 395 million... January, when net deductions reached 885 million. The negative flow in May reflects net deductions

    11%
  8. Where is the EastMed pipeline heading?
    Photo by Aris Roupinas via https://www.pio.gov.cy/en/

    Agora

    Zone, the decision to send troops to Libya, the maritime agreement with the Tripoli-based government

    10%
  9. PM gets no change out of opposition leaders on US trip, electoral law
    Photo via @kmitsotakis

    PoliticsGreek Politics

    with Libya or any other actions that Athens deems provocative. Tsipras, though, went a step further

    10%
  10. PM trails switch in tax cuts, admits misstep in approach to migration

    PoliticsGreek Politics

    about Libya’s maritime deal with Turkey are not respected grabbed the headlines, but Mitsotakis also

    10%