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ECB clears banks after stress tests, approves change to DTCs as momentum builds
EconomyBanking, for Piraeus Bank the total capital depletion was roughly 480 basis points for the stress test period
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Criticism of authorities' response intensifies as wildfires continue to rage
PoliticsGreek Politicsseason. So far this month 6,000 hectares have burned, while the total this year adds up to 12,400
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NBG increases profits in H1 as it progresses with NPE clean up
EconomyBankingthat reflected improved profitability. The total capital ratio reached 17 percent, exceeding
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Car sales increase by 10.3 percent in July
EconomyMacroeconomyto 21,018 compared to 19,054 in July last year, also an increase of 10.3 percent. Out of the total
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Unemployment at 15 pct in June
EconomyMacroeconomyincreased by 181,470, a rise of 4.8 percent. Total employment was 3.98 million people. ELSTAT noted
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Employment balance positive by 24,395 in July on tourism hires
EconomyMacroeconomyThe employment balance was positive with 24,395 more hirings than people leaving their jobs in July, data from the Labour Ministry’s Ergani information system showed. Compared to the same month last year, the employment balance worsened by 43,516. Total hirings came to 288,893 versus 264,498
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Quiet summer in Greek-Turkish relations not seen lasting
PoliticsForeign Policy, when it operated there. According to diplomatic sources, this concerns 10 people in total. The current
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Budget primary shows deficit of 9.08 bln in July, beating revised target despite revenue shortfall
EconomyMacroeconomybillion euros which was 738 million euros lower than its monthly target. State budget total revenues
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Primary cash balance deficit at 8.67 bln in July
EconomyMacroeconomyexpenditure in the first seven months showed a rise by 3.58 billion euros, bringing the total to 36 billion
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Budget primary confirms deficit of 9.06 bln in July, beating target
EconomyMacroeconomyeuros which was 723 million euros lower than its monthly target. State budget total revenues stood
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