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  1. Greek stocks remain flat during week, banks underperform

    Economy

    The Greek equity market traded sideways amid muted sessions this week, ending flat compared to the previous week’s closing. S&P affirmed last Friday evening Greece’s ‘B-/B’ ratings with a stable... to 33 million euros this week from 36 million in the previous week. Corporate news Hellenic Exchanges

    2%

  2. Net job hirings rise again, reaching 19,281 in July - highest since 2001
    Photo by MacroPolis

    EconomyMacroeconomy

    2001, well above the previous high of 14,131 recorded in July 2012. The employment breakdown displayed... increased to 56 percent in July from around 54 percent in the previous two months. It should be pointed out

    2%

  3. Greek stocks edge up 0.7 pct on week, banks rise 3.8 pct for first time in last six weeks
    Photo via www.helex.com

    Economy

    The Greek equity market gained 0.7 percent this week, after losses of 2.6 percent recorded in the previous week, but trading volumes remained extremely subdued. The general index of the Athens Stock... million in the previous week. Corporate news Hellenic Petroleum reported a slight drop in first-half

    2%

  4. Retail sales drop for thirteenth straight month by 5.2 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    percent in June, also decelerating from the 6.3 percent decrease posted in the previous months, while... and footwear, recorded growth rates of 10.9 and 3.4 percent respectively in June. Compared to the previous

    2%

  5. Eurobank remains profitable with net profits of 46.2 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    Eurobank remained profitable for the second straight quarter, albeit with lower net profits of 46.2 million in the second quarter (Q2) of 2016 from 60.2 million in the previous quarter. Results... to 224 bps in Q2 from 176 bps in the previous quarter. The QoQ spike relates to one specific case

    2%

  6. Newsletter 86 - 02/09/2016

    Newsletters

    percent in the previous month. The most marked downswing was recorded in automotive fuel and retail... to the previous month, the seasonally adjusted turnover and volume rebounded by 1 and 0.7 percent

    2%

  7. Unemployment rate edges down to 23.4 pct in June, lowest since March 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    on month, exceeding a drop of 13,600 in the previous month and reached 3.68 million in June. At the same... fell for the third straight month to 22.6 percent in June from 23.3 percent in the previous month

    2%

  8. Greek stocks drop 2.6 pct over week, banks drop 7.4 pct after big gains last week
    Photo via www.helex.com

    Economy

    The Greek equity market mostly traded on negative grounds with subdued volumes this week, ending it down 2.6 percent, which almost offsetting the gains of 3 percent posted in the previous week... 25 million euros this week from 40 million in the previous week. Corporate news NBG announced

    2%

  9. Out with the old, in with the old
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    that was not the son, nephew, cousin, etc of a previous leader. At the same time, New Democracy and PASOK.... The coalition promoted it as an attempt to regulate a sector that previous governments had shamefully let

    2%

  10. Current account surplus falls to 1.4 bln in July

    EconomyMacroeconomy

    a year ago. The BoG stressed that imports remain well below the respective levels of the previous two... billion in July from 6.85 billion in the previous months, while increased by almost 1.8 billion

    2%