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  1. Industrial turnover increases by 12.9 pct in November
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    on Friday. The headline figure is the second double-digit growth since May this year. The 12-month trailing index grew by 13.3 percent, driven by a comparatively weak second half of 2016. The main factor... a rise of 25.7 percent in November, which is the second highest rise behind basic metals which rose

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  2. Eurogroup sets up completion of third review, plans for programme's end

    EconomyProgramme

    of the European Stability Mechanism’s executive board in February. The second tranche of 1 billion euros... the completion of the second review. However, the institutions added another condition, which is “the unimpeded... relief measures agreed at last June's Eurogroup, when the second review was concluded. The statement

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  3. Work on post-programme framework continues despite tranche holdup

    EconomyProgramme

    that the tranche will now be released is in the second half of March, rather than towards the beginning... will be able to disburse this first sub-tranche before the second half of March,” said European Stability... of the former airport at Hellenikon in southern Athens to be redeveloped. The second, though, is more

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  4. Economic sentiment at 104.3 pts in Feb, consumer confidence falls by 2 pts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , especially after May 2017 and the successful conclusion of the second programme review. Greece’s... points compared to February 2017. After rising in December, consumer confidence declined for a second... by 3 points month-on-month to 4.2, staying positive for a second month. The last time Greece’s

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  5. PMI at 56.1 in February, most improved since June 2000
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , it was also reported that unfinished work accumulated for the second month in a row and at the highest rate... for the second time in nine-and-a-half years, resulting in a growth in output at the highest rate for a decade... prices for a second month. The above factors combined to raise business confidence to a record high

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  6. Greeks show highest mistrust in newspapers, TV and online news across EU
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    in their country, Greeks came second only after Cypriots in saying that fake news was definitely a problem... are responsible (41 percent), but their second most popular answer was citizens themselves (36 percent against... average to place responsibility with EU institutions (25 percent versus 21 percent). Second after

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  7. Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
    Image via www.piraeusbankgroup.com

    EconomyBanking

    Ameoba, has attracted strong interest. The first phase was recently completed, with the second phase... of the loans. The total value is 1.6 billion euros, though sources note that in the second phase... Megalou, CEO of Piraeus Bank noted improving performance, particularly in the second half of the year

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  8. Retail sales rise by 0.7 pct in Jan, volume up by 1.5 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) on Friday. January’s headline figure is the second positive reading after three consecutive months of negative readings. It also represents the second year since 2010, after 2017, that the index has... increase of 1.7 percent in December, staying positive for a second month. January’s increase

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  9. Greece registers 42,425 asylum seekers at rising rate in two years of EU-Turkey deal
    Photo by Panagiotis Tzamaros

    Society

    being lacking in 2016, including reception centres and processing staff. Since the second quarter (Q2... in Greece for a second year The latest data from the UNHCR, dated up to April, shows that 5,401 asylum.... The European Union is set to release a second 3 billion euro tranche to Turkey as part of the EU-Turkey

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  10. Whether an "early" or "clean" exit, it's the same old story for Greece

    Agora

    , this time with a mandate to implement the third MoU rather than to rip up the second, as was the case when it won the January 2015 elections. Since the completion of the second, and most difficult... government intended to leave the second bailout before it was due to expire. “We need to become

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