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  1. Stocks down by another 1.4 pct over week as Brussels talks prove inconclusive
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    The Greek equity market headed south for the third successive week, dropping at an accelerating pace of 1.4 percent from 0.6 percent in the previous week. Investors remain concerned because... in the previous week. Corporate news Titan posted a significant improvement in its 2016 results with net

    3%

  2. Credit contraction stable at 1.6 pct in Feb, net deductions drop to 101 mln

    EconomyMacroeconomy

    million euros in February from 885 million in the previous month and 295 million a year ago... in February after a short-lived negative flow of 643 million in the previous month. Over the last four

    3%

  3. Deposit outflows continue in Feb but slow to 750 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The Greek banking system recorded outflows for the second successive month, albeit reduced to 750 million euros in February from 1.53 billion in the previous month, Bank of Greece (BoG) figures... companies. In the previous month households and corporate outflows stood at 972 and 760 million

    3%

  4. Economic sentiment edges up in March, consumer confidence deteriorates for third straight month
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) improved by 0.5 points in March following a drop by 2.2 points in the previous month, European Commission (EC) figures revealed on Thursday. The ESI stood at 93.4... of 14.4 points posted in the previous month. The services confidence indicator increased for the second

    3%

  5. Retail sales rebound 1.4 pct in Jan after brief fall in Dec
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    with the previous month showed a sharp drop of 18.7 percent largely attributed to the seasonally high...) retail sales’ index rebounded by 0.7 percent MoM to 71.6 in January after falling in the previous two

    3%

  6. PMI falls to 46.7 in Mar on drop in new orders but outlook positive for next months

    EconomyMacroeconomy

    Greece’s Manufacturing PMI fell by 1 point to 46.7 in March, almost offsetting the rise of 1.1 points recorded in the previous month, Markit survey showed on Monday. The March headline figure... compared to the previous month amid political and economic uncertainty, which put further pressure

    3%

  7. Net job hirings at record high of 38,517 in March, lead to positive balance in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    type of work dropped to almost 51 percent in March from around 57 percent in the previous month..., while that for departures edged down to 60 percent in March from 61 percent in the previous month

    3%

  8. IMF downgrades Greek GDP and unemployment forecasts
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    previous forecasts, which were released early last October. The Fund now expects the domestic economy... stands at 1 percent for 2022, lower than its previous forecast of 1.8 percent for 2021. The report also

    3%

  9. Stocks record losses of 1.8 pct during week, amid light trading volumes

    Economy

    index fell by 1.3 percent this week after double-digit gains of 13.8 percent in the previous three... 32 million in the previous week. Corporate news Alpha said that Blackrock holds 5.09 percent

    3%

  10. Budget primary surplus of 1.1 billion slightly outperforms target by 77 million in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 1.07 billion in March following a surplus of more than 1 billion recorded in each of the previous two... the previous month largely due to a month on month rise in operational and other expenditure (by 465

    3%