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

    EconomyMacroeconomy

    ). The latest construction confidence indicator released by the European Commission showed it rebounded

    1%

  2. Turnover in tourism sector edges down 1.1 pct in Q2

    EconomyMacroeconomy

    index rose by 8.6 percent in Q2. According to the latest Bank of Greece (BoG) figures for the first half

    1%

  3. The story behind Attica Bank, the non-systemic lender thrust into the spotlight
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyBanking

    were recorded within 2015. According to the latest official data on asset quality, Attica’s non

    1%

  4. Greek SMEs continue to have bleak view of their future

    Society

    The vast majority of small and medium-sized businesses are in a more difficult financial position than ever before and there is a risk that the overall job losses in the sector could hit 55,000 in 2016, a study by the country’s small and medium-business association has claimed. In its latest six

    1%

  5. Kammenos eases tension with church, leaving coalition to focus graft attacks
    Photo by MacroPolis

    PoliticsGreek Politics

    . The latest dispute seemed to spark Kammenos into action as a large part of his small voter base

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  6. IMF upgrades Greece’s GDP and unemployment rate estimates
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    In its latest World Economic Outlook (WEO) published on Tuesday, the International Monetary Fund was upbeat in its estimates regarding Greece’s GDP and unemployment rate, upgrading its previous forecasts released on April 12. GDP is now expected to grow by 0.1 percent in 2016 compared

    1%

  7. Broadly stable rate in time deposits, corporate loan rates fall in Aug

    EconomyMacroeconomy

    Greek households’ new time deposit rate edged up by 1 basis point (bp) to 0.87 percent in August from 0.86 percent in the previous two months, Bank of Greece (BoG) data displayed on Tuesday. The latest headline figure is the highest reading since April. It has been hovering between 0.85 and 0.88

    1%

  8. Greek teens less likely to smoke, get drunk than European peers but gamble more
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    Teenage Greeks are less likely to be smokers, find it easier to access alcohol but don’t binge drink, and are the most likely to have gambled for money than their peers in Europe. These are some of the main findings of the latest European School Survey Project on Alcohol and Other Drugs (ESPAD

    1%

  9. Unemployment rate falls for second straight month, reaching 23.2 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate dropped for the second successive month in July, when it fell to 23.2 percent from 23.4 percent in June, the Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursday. The latest headline figure is the lowest unemployment

    1%

  10. Industrial production down 0.3 pct in Aug for first fall since Mar

    EconomyMacroeconomy

    and quarrying as well as in electricity production by 18.8 and 1.7 percent respectively. The latest industry

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