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  1. After recent series of rises, economic sentiment and consumer confidence dip in July

    EconomyMacroeconomy

    After increasing by almost 8 points in the preceding two months, Greece’s economic sentiment fell by 1.1 points to 102.6 in July, according to the European Commission (EC). Nevertheless, it remains above the 100-point mark for the second straight month, while it has improved by more than 11 points

    3%
  2. Greek CPI falls at slower pace of 0.7 pct in July

    EconomyMacroeconomy

    The drop in the Consumer Price Index (CPI) decelerated for the second straight month to 0.7 percent in July from 1.1 percent in June, according to the Hellenic Statistical Authority (ELSTAT). The July reading indicates the slowest drop in the CPI so far in 2014 and since July 2013. Greece has been

    3%
  3. Greek primary cash surplus reaches 1.8 bln in H1 2014

    EconomyMacroeconomy

    and then reached 1.1 billion euros in April, 4 billion in May and 3.2 billion in June, is most likely

    3%
  4. Sudden spurt for Greek exports, which rose by 11.3 pct in June

    EconomyMacroeconomy

    to the EU recorded a moderate rise of 1.1 percent. The respective movement in imports was smoother

    3%
  5. Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near

    EconomyMacroeconomy

    The Greek economy recorded the 24th consecutive period of decline in Q2 of 2014 as Gross Domestic Product measured in constant prices declined by 0.2 percent year on year, which was better than the estimates for a -0.4 percent drop. The first quarter was revised downwards to -1.1 percent from -0.9

    3%
  6. Alpha Bank reports H1 profits of 267.4 mln on one-off item
    Photo by MacroPolis

    EconomyBanking

    (QoQ) rise of 1.1 percent in pre-provision income to 290.7 million in Q2 coupled with an 11.8 percent

    3%
  7. Small but rare rise of 0.4 pct for Greek retail turnover in June
    Photo by MacroPolis

    EconomyMacroeconomy

    2.8 percent in the 5-month period. The first-half retail volume posted a rise of 1.1 percent

    3%
  8. Piraeus Bank reports net profit of 164.3 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    of 25.7 percent showed the highest quarterly growth (1.1 pp), followed by business loan NPL (+0.5 pp

    3%
  9. Exports resumed a downward trend in July, imports up 10.1 pct

    Economy

    After a temporary rise of 11.3 percent in June, Greece’s exports resumed a downward trend easing by 1.1 percent in July, according to the flash estimates of commercial transactions released by Hellenic Statistical Authority (ELSTAT) today. In addition, since the bulk of the last 12 year on year

    3%
  10. OECD report paints grim picture for Greece's labour market
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    -1.1 to -2.5 percent, while the respective drop in Ireland stood at slightly higher levels, between

    3%