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  1. Greek, Turkish foreign ministers hold informal talks as refugee crisis, Cyprus loom
    Photo via Greek Foreign Ministry https://flic.kr/p/LseXq7

    PoliticsForeign Policy

    Istanbul and Thessaloniki. But one of the main issues of Sunday's talks was the ongoing reunification

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

    EconomyMacroeconomy

    percent largely reflecting a nosedive in household disposable income that has been cut by almost one

    2%
  3. PMI picks up to 50.4 in August, new orders grow for first time in two years

    EconomyMacroeconomy

    was one of the strongest months for Greek producers during 2016”.

    2%
  4. Greece not seen meeting milestones soon, refugee rise may add to tension

    PoliticsForeign Policy

    one of the 15 milestones (the Public Power Corporation’s general assembly approving the sale of a 24

    2%
  5. Alpha Bank reports net losses of 16.8 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    Alpha reported net losses of 16.8 million euros in the second quarter (Q2) of 2016 from 2.2 million in the previous quarter. Results incorporate a one-off trading gain of 71.9 million euros from the acquisition of Visa Europe from Visa Inc and an extraordinary impairment loss related

    2%
  6. New overdue taxes increase by 811 mln in July, total stock at 90.4 bln

    EconomyMacroeconomy

    in July from 43.5 percent in June. Therefore, the 7-month rate more than halved in one month to 10.3

    2%
  7. Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead

    Agora

    The four core Greek banks released their second quarter (Q2) results in the last two days of August, which showed improving trends in core revenues as well as encouraging signs on the loan quality evolution. However, impairment charges jumped quarter on quarter (QoQ), mainly reflecting one specific

    2%
  8. Building activity slumps by 21.7 pct in June for sixth successive month
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    percent respectively in the 6-month period of 2016. Building activity is one of the business sectors

    2%
  9. After talks with lenders, Greece returns to list of tasks to secure next bailout payment

    EconomyProgramme

    on September 15 the share purchase agreement for Hellinikon (former Athens airport), which was one the six

    2%
  10. Record low net job balance in Aug but 8-month figure highest since 2001

    Economy

    at 10,651 and 5,477 respectively. The breakdown by age showed only one age group (45-64 years old) posted

    2%