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Deposit flow turns negative, outflows of 153 mln in July
EconomyMacroeconomyDeposit outflows of 153 million were recorded in the Greek banking market after inflows of 1.07 billion in the previous month, Bank of Greece (BoG) figures displayed on Friday. Although slightly negative, the July figure indicates the highest outflows since February leading the deposit balance
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Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July
EconomyMacroeconomyreached 970 million in July from zero in the previous months of the year. Interest payments dropped
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Credit contraction slows to 1.6 pct in July, loan deductions jump to 638 mln
EconomyMacroeconomythe previous month to 200.54 billion, which is the lowest figure since July 2007. Meanwhile, the net
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Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
EconomyMacroeconomyby 0.4 percent in Q2 following a rise by 0.7 percent in the previous quarter. In addition, imports
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PMI picks up to 50.4 in August, new orders grow for first time in two years
EconomyMacroeconomypressures in the manufacturing sector. However, price discounts were kept at previous levels on the back
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New round of cuts in supplementary pensions
Economyof the first programme review as a mean to address the deficit in auxiliary funds. A previous significant
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Greece not seen meeting milestones soon, refugee rise may add to tension
PoliticsForeign Policy, a substantial rise on the previous weeks and the kind of numbers that will stretch Greek
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Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
EconomyBankingin the previous quarter leading the NPL ratio down to 39.2 percent in Q2 from 39.8 percent in Q1
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Alpha Bank reports net losses of 16.8 mln in Q2
EconomyBankingAlpha 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
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TV permit auction boosts Greek coffers but questions linger
PoliticsGreek Politicsan opportunity to paint New Democracy in particular as not wanting the previous cosy relationship between
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