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  1. ECB clears banks after stress tests, approves change to DTCs as momentum builds
    Photo by MacroPolis

    EconomyBanking

    , for Piraeus Bank the total capital depletion was roughly 480 basis points for the stress test period

    2%

  2. Criticism of authorities' response intensifies as wildfires continue to rage

    PoliticsGreek Politics

    season. So far this month 6,000 hectares have burned, while the total this year adds up to 12,400

    2%

  3. NBG increases profits in H1 as it progresses with NPE clean up
    Photo by MacroPolis

    EconomyBanking

    that reflected improved profitability. The total capital ratio reached 17 percent, exceeding

    2%

  4. Car sales increase by 10.3 percent in July
    Photo by MacroPolis

    EconomyMacroeconomy

    to 21,018 compared to 19,054 in July last year, also an increase of 10.3 percent. Out of the total

    2%

  5. Unemployment at 15 pct in June
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    increased by 181,470, a rise of 4.8 percent. Total employment was 3.98 million people. ELSTAT noted

    2%

  6. Employment balance positive by 24,395 in July on tourism hires
    Photo by MacroPolis

    EconomyMacroeconomy

    The employment balance was positive with 24,395 more hirings than people leaving their jobs in July, data from the Labour Ministry’s Ergani information system showed. Compared to the same month last year, the employment balance worsened by 43,516. Total hirings came to 288,893 versus 264,498

    2%

  7. Primary cash balance deficit at 8.67 bln in July
    Photo by MacroPolis

    EconomyMacroeconomy

    expenditure in the first seven months showed a rise by 3.58 billion euros, bringing the total to 36 billion

    2%

  8. Deposits rose by 1.84 bln in July
    Photo by MacroPolis

    EconomyMacroeconomy

    of 7.15 billion, which offset time deposit outflows of 7.38 billion euros. Total deposits, which also

    2%

  9. Crunch time nears for health system as Covid surge meets staff suspensions
    By Natasha Pandazopoulou/Fosphotos

    PoliticsGreek Politics

    without pay. Official figures show that up to 20,000 hospital workers (almost 20 pct of the total) have

    2%

  10. Alpha Bank posts net loss of 2.04 bln in Q2 after booking Galaxy Project securitization
    Photo by MacroPolis

    EconomyBanking

    capital increase that took place in July. The bank’s Total Capital Ratio stood at 17.4 percent after

    2%