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  1. Industrial turnover jumps 18.6 pct in March vs last year's lockdown
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s industrial turnover increased 18.6 percent from a year earlier in March, compared with a revised drop of 2.6 percent in February. The reading ends a run of 13 straight declines, and marks a rebound from the depressed levels of the first lockdown in March 2020, according to the latest

    2%

  2. Piraeus announces Q1 loss of 407 mln as provisions mount
    Photo by MacroPolis

    EconomyBanking

    ) to 76 million euros, while total operating expenses stood at 225 million, a drop of 1 percent YoY

    2%

  3. NBG posts 557 mln profit in Q1
    Photo by MacroPolis

    EconomyBanking

    came to 189 million euros, a 9 percent drop QoQ. Balance Sheet Group deposits fell 0.3 percent QoQ

    2%

  4. GDP rises by 4.4 pct QoQ in Q1 and falls 2.3 pct YoY

    EconomyMacroeconomy

    , following an 8 percent drop in Q4. Final consumption represents the majority of GDP, making up

    2%

  5. General govt primary cash deficit at 6.66 bln in April; arrears fall
    Photo by MacroPolis

    EconomyMacroeconomy

    Arrears to the private sector (including tax refund arrears) showed a drop of 249 million euros

    2%

  6. New tax debt at 2.56 bln April, rising by 249 mln month-on-month
    Photo by MacroPolis

    EconomyMacroeconomy

    , this represents a drop of 187 million euros. An additional 7.46 billion euros stemmed from bankrupt companies

    2%

  7. Building permits jump by 42.9 pct in March, from year-earlier start to lockdown
    Photo by MacroPolis

    EconomyMacroeconomy

    a drop -- where 19 permits were issued compared with 20 last year. During the first three months

    2%

  8. Car sales increase by 57.2 percent in May

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time rose by 54.1 percent in May compared to a jump of 361 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Friday. In May 2020, the year-on-year change showed a drop of 44.2 percent, leaving last month’s total number

    2%

  9. Mitsotakis and Erdogan break ice, look for calm summer

    PoliticsForeign Policy

    on from the historic deal that saw then Macedonia change its name and Greece drop its veto on its

    2%

  10. Piraeus and Alpha forge ahead with share capital raises and securitisations
    Photo by MacroPolis

    EconomyBanking

    share capital raise, Piraeus Bank put in motion its Sunrise programme that sees an ambitious drop of bad

    2%