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  1. Credit contracts by 3.5 pct in June, balances at 214.81 bln

    EconomyMacroeconomy

    Credit in the Greek market contracted by 3.5 percent in June, unchanged from the previous month and with balances slightly increasing to 214.81 billion euros, according to the Bank of Greece (BoG). Monthly net deductions dropped to 324 million euros in June, the lowest reading so far in 2014, from

    2%

  2. Coalition reaches compromise on candidate for European Commission

    PoliticsGreek Politics

    not get the nod. While Bakoyannis had some of the attributes needed for the position due to her previous

    2%

  3. Parliament's budget office sees Greek recovery finely poised

    EconomyMacroeconomy

    to those of the previous 20 years, when 45,000 new jobs were created each year. On Greek banks, the PBO

    2%

  4. Greek retail sales dive 8.5 pct in May after brief rise in April
    Photo by MacroPolis

    EconomyMacroeconomy

    price reduction. ΙΟΒΕ’s previous projection indicated a -2 percent drop and the upgrade followed

    2%

  5. Greek CPI falls at slower pace of 0.7 pct in July

    EconomyMacroeconomy

    deflationary year in 2014, yet a slightly slower pace compared to the previous year.

    2%

  6. The tarnished legacy that will haunt the Athens Olympics

    Agora

    International Airport, up 23.8 percent on the previous year. Trying to manage this kind of traffic

    2%

  7. Services help increase Greek current account surplus to 1.37 bln in June

    EconomyMacroeconomy

    receipts, largely reflecting an increase in non-resident arrivals by 15.6 percent. As in previous

    2%

  8. Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July

    EconomyMacroeconomy

    . In addition, July revenues are the highest monthly reading so far in 2014, well above the previous

    2%

  9. National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
    Photo by MacroPolis

    EconomyBanking

    at an accelerating pace compared to the previous quarter to 304 million euros in Q2 from 380

    2%

  10. Eurobank reports net loss of 301.1 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    in the previous quarter. Bottom-line results reflect a 14.1 percent quarter on quarter (QoQ) rise in pre

    2%