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  1. Bank of Greece report overviews lenders' profitability, urges drastic NPL management
    Photo by MacroPolis

    EconomyBanking

    profitability of around 31 billion was more than offset by cumulative provisions of 101 billion over

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  2. Credit contraction stays stable at 2 pct in June, net additions for first time this year

    EconomyMacroeconomy

    deductions reached 979 million euros and stand slightly lower than the 1.02 billion posted

    1%

  3. IMF’s independent evaluation office identifies mistakes and challenges in Greece’s first programme
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    an earlier stage than is normally the case”. On programme ownership, the report stresses

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  4. Political leaders weigh up next moves in August lull
    Photo by MacroPolis

    PoliticsGreek Politics

    positions that are more complex than simply opposing the government’s austerity policies. Part

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  5. Added layer of complexity to Greek-Turkish relations in wake of failed coup
    Photo by @PrimeministerGr

    PoliticsForeign Policy

    will be extradited rather than seeking their speedy return to Turkey. For many Europeans this issue

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  6. CPI tumbles by 1 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    and services posted a change less than 1 percent from the previous month’s level. Greece remains

    1%

  7. Car sales soar 42.9 pct in July, also reflecting a low base effect
    Photo by MacroPolis

    EconomyMacroeconomy

    a slightly higher growth of 14.1 percent in the 7-month period. ELSTAT figures displayed more than 58

    1%

  8. NBG raises 300 mln from SME loan securitisation in first such Greek transaction since 2007
    Photo by MacroPolis

    EconomyBanking

    for investment projects in Greece in the next two years. More than 2,000 SMEs and medium-sized companies

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  9. Industrial production surges 7.5 pct in June, with highest growth rate since 2001

    EconomyMacroeconomy

    petroleum and natural gas more than doubled (+131 percent), while strong double digit rises were also

    1%

  10. Eurosystem funding drops by another 4.3 bln in July, largely on reduced ELA reliance
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    and overall by more than 4 billion since June 2015. However, they still stand 16.3 billion above

    1%