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  1. Greek stocks edge up 0.7 pct on week, banks rise 3.8 pct for first time in last six weeks
    Photo via www.helex.com

    Economy

    The Greek equity market gained 0.7 percent this week, after losses of 2.6 percent recorded in the previous week, but trading volumes remained extremely subdued. The general index of the Athens Stock Exchange rose to 565.34 on Friday. Since the beginning of the month, it has gained 1 percent. Bank

    6%
  2. Retail sales drop for thirteenth straight month by 5.2 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    respectively. It is worth noting that the seasonally adjusted retail sales and volume rebounded MoM by 1

    6%
  3. Talk of refugee returns adds to stretched Greece's anxiety
    Photo by MacroPolis

    PoliticsForeign Policy

    Greece and Italy as of September 1, against a target of 160,000 by September 2017. Greece’s fears

    6%
  4. Trade deficit expands by record 88.9 pct in July

    EconomyMacroeconomy

    , while those to the EU eased 1 percent. Moreover, imports from EU countries rose by 3.4 percent, while

    6%
  5. CPI drops by 0.9 pct in August

    EconomyMacroeconomy

    Τhe Greek Consumer Price Index (CPI) fell at a slightly slower pace of 0.9 percent in August, after dropping by 1 percent in July, Hellenic Statistical Authority (ELSTAT) data displayed on Friday. In contrast, the harmonised index of consumer prices (HICP) edged up for the third straight month

    6%
  6. Credit contracts by 1.7 pct in August, loans balance at its lowest since 2007
    Photo by MacroPolis

    EconomyMacroeconomy

    , corporate loan balance declined by more than 1 billion month on month (MoM) to 93.82 billion on extended

    6%
  7. IMF's role in Greek bailout remains in doubt
    Photo by World Bank via Flickr https://flic.kr/p/bPr6Y6

    EconomyProgramme

    and personal income tax reforms. Thomsen reiterated that the pension reform yields just 1 percent

    6%
  8. Bad news for Greek Shipowners? Tonnage tax under European Commission scrutiny

    Legal

    constitute State aid within the meaning of Article 107(1) TFEU. The Commission also drew attention

    6%
  9. ELSTAT revises nominal 2015 GDP contraction to 1.3 pct

    EconomyMacroeconomy

    March. This reflects a higher decrease in both households’ consumption by 1.8 percent (from 1 percent

    6%
  10. World Bank sets out savings Greece can make from streamlining welfare benefits
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    credit to 1,600 euros (from 1,900 euros currently) with estimated savings of 1 billion euros (0.6

    6%