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  1. Jump in corporate deposits takes balance to highest since Jan 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    The Greek banking system’s private sector deposits grew strongly in June, with a net increase of 5.1 billion euros, after a 1.22-billion-euro drop in May, according to the latest Bank of Greece (BoG) figures released on Friday. The annual growth in June was 5.3 percent year on year (YoY), from 4.8

    2%
  2. Building activity continues to slide in Apr, 4M permits down 26 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    percent. The European Commission’s latest business sentiment indicators for June showed

    2%
  3. Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
    Photo by MacroPolis

    EconomyMacroeconomy

    . According to the latest business indicators for July, consumer confidence continues to slide to -47.6

    2%
  4. Ex-ministers escape farm payments inquiry in controversial vote
    Image: MacroPolis

    PoliticsGreek Politics

    , as there is no clear path to challenge the vote. This is the latest instance in which New Democracy

    2%
  5. PMI falls to 51.7 in July, level of optimism drops to lowest in a year
    Photo via https://flic.kr/p/2cpZuTE

    EconomyMacroeconomy

    Greece’s manufacturing PMI dropped significantly in July to 51.7 points, from 53.1 points in the previous month, S&P Global data showed on Friday. The latest data reflects a downturn in growth seen in softer expansions of output, new orders and employment. Greek manufacturing growth slowed

    2%
  6. Parliamentary chicanery raises doubt about PM’s grip on party as he looks ahead to relief package
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Mitsotakis is hoping, though, that the latest furore will die down as Greece heads into peak holiday

    2%
  7. Government's foreign policy under scrutiny again following actions by Egypt and Turkey
    Photo by Naval Group

    PoliticsGreek Politics

    alternate spokesperson Grigoris Theodorakis suggested that the note verbale from Cairo was the latest

    2%
  8. Government feels the heat after two days of catastrophic wildfires

    PoliticsGreek Politics

    Opposition parties are demanding accountability from the government, after what they claim was a disastrous response to multiple wildfires which burned thousands of hectares of forest and farmland, encroaching into villages and suburbs, over the last 48 hours. The latest assessment of the damage

    2%
  9. Industrial turnover stable in June after marginal 0.1 pct YoY rise

    EconomyMacroeconomy

    , according to S&P Global data. The latest data reflects a downturn in growth seen in softer expansions

    2%
  10. Sale of defence manufacturer stokes opposition criticism amid bid to bolster regional ties
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . The latest development will see 100 pct of ownership transferred to SK. For 50 years, ELVO

    2%