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  1. Greek stocks climb 3 pct on week, banks post double-digit gains
    Photo via www.helex.com

    Economy

    . Core PPI improved by 8 percent to 288 million QoQ, while loan impairments dropped by 8 percent

    4%
  2. IMF examines where programme went wrong, what lessons were learnt
    Photo by Panayotis Tzmaros/Fosphotos

    EconomyProgramme

    expenditure cuts (almost 8 pp of GDP), primarily in social benefits, including pensions, and wages... declined by almost 8 percent in 2012. Conditionality The 2015 DSAs appropriately suggested reframing

    4%
  3. IMF argues case for further reform of pension system
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    percent that outweighed offset a decline in the average pension by 8 percent between 2010 and 2015... below the eurozone average figure of 8 percent. This is an indication that the social security system

    4%
  4. NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
    Photo by MacroPolis

    EconomyBanking

    NII is seen broadly stable by the end of the year. Fee income rose by 8 percent QoQ to 63 million... increased by 8 percent QoQ to 235 million, with the cost of risk rising to 267 bps from 246 bps in Q4

    4%
  5. Aided by underspend, budget primary surplus reaches 1.84 bln in 5-month, 792 mln above target
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    quarter from last year, while outperformed target by 794 million. Revenues Gross revenues rebounded by 8... period in line with target of 8 million.

    4%
  6. Greeks underwhelmed by deal with lenders, stressing uphill task for Tsipras
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . The Communist Party follows with 13 percent, To Potami with 9, Golden Dawn on 8 and the Union of Centrists with 8 percent. The pro-drachma party of former parliamentary speaker Zoe Konstantopoulou, Sailing

    4%
  7. Current account surplus at 1.57 billion in July, pushed by services balance
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    worsened by 180 million euros to 1.22 billion from 1.04 billion a year ago. Exports rose by 8 percent... by 6.4 percent to 7.04 billion, fully reflecting a rise in foreign arrivals by 8 percent. Travel

    4%
  8. Travel balance for nine-month period shows surplus of 11.57 bln
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    fell by 4.8 percent to 74 million. Foreign visitors were up by 8 percent year-on-year, which manifested... The number of traveller flows in the nine-month period reached 25.9 million, rising by 8 percent

    4%
  9. Travel balance up by 1.4 pct in August as EU arrivals jump by 17 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    rose by 4.8 percent to 773,300, while those from France fell by 8 percent to 353,700. UK visitors... 8 million, while visitors from non-euro countries within the EU 28 rose by 16.2.2 percent to just

    4%
  10. Deliberations over primary residence bill set to delay green light from Eurogroup
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    the April 8 Eurogroup in Bucharest. The eurozone official confirmed that the biggest obstacle... or investors to be selected between May 5 and May 8. Also, Parliament approved on Thursday the splitting

    4%