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

    EconomyBanking

    to be lower than the 1-billion euro mark. The combination of higher operating income coupled... stressing the transaction is profitable and capital accretive. Earlier in January, the bank had also

    7%
  2. H1 exports show notable fall in many sectors but agricultural products buck trend
    Photo by MacroPolis

    Economy

    . Exports above the 200-million euro mark were also posted by virgin oil (259 million), fishes (236.... These include lack of liquidity, capital controls, state arrears to the private sector, delays

    7%
  3. Newsletter 91 - 07/10/2016

    Newsletters

    to 49.2 in September. This was the sixth reading below the 50-point mark that separates growth from... of capital controls in mid-2015 as well as the continued implementation of fiscal austerity measures

    7%
  4. Industrial production down 0.3 pct in Aug for first fall since Mar

    EconomyMacroeconomy

    by 1.2 points to 49.2 in September resuming again below the 50-point mark that separates growth from... percent. In contrast, production in capital goods strongly rebounded by 20.5 percent, while

    7%
  5. Lavrov visit yields little for Athens, which denies Iranian bank veto
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    that Greece’s relief for Saderat could mark the beginning of a broader collapse of European sanctions... capital. Sergei Lavrov deliberately avoided mentioning the possibility of cooperation during his

    7%
  6. Time deposit rate falls to record low of 0.71 pct, loan rate drops to 4.83 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the 8-percent mark. In contrast, loan rates without a fixed maturity (mostly credit cards) was kept... the imposition of capital controls at the end of June 2015, the time deposit rate has dropped by 110 bps

    7%
  7. December retail sales seen down 2.5 pct amid tax onrush
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of Commerce and Entrepreneurship (ESEE). Retail sales are estimated below the 4-billion-euro mark... was burdened by the imposition of capital controls. Overall, private consumption rose by 1 percent

    7%
  8. Stocks fall for fourth straight week amid lack of progress in talks with lenders
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    ). Trading activity remained above the 50-million-euro mark in the first three sessions. It slowed... pct) in its subsidiary in Serbia Alpha Bank Srbija. The transaction is expected to be capital

    7%
  9. IMF far more pessimistic than eurozone on Greek debt, urges significant relief
    Photo by Panayiotos Tzamaros

    EconomyProgramme

    programme and locking in the interest rates on EFSF and ESM loans below the 1.5-percent mark for 30... growth of 3.2 percent and no additional bank capital needs, the proposed debt relief measures would

    7%
  10. Industrial production increases by 7.2 pct in January
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    points to 47.7 in February but still signalled deterioration as it remained below the 50-point mark.... Three of the five main industrial groupings recorded strong growth rates in January, with capital goods

    7%