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  1. Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
    Photo by MacroPolis

    EconomyBanking

    to show an improvement, reflecting initiatives taken in the previous quarter, management noted

    2%

  2. Retail turnover rises by 2.3 pct in June, volume up by 2.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    that jumped by 12 points from the previous month, following a 7.6 points rise in July. At -8.2 points

    2%

  3. Eurobank net profits at 6 mln in Q2 amid increasing securitisations
    Photo by MacroPolis

    EconomyBanking

    euros. This took the cost-to-income ratio to 45.8 percent from 51.6 percent in the previous quarter

    2%

  4. Q2 rise of 7.7 pct in apartment prices marks 12-year high
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    negative movement of -224 million euros from -106 million in the previous month. This resulted

    2%

  5. H1 bank results show performance stabilising, laying ground for further improvement

    EconomyBanking

    taken in the previous quarter, management noted. The main drivers were credit cards, payments

    2%

  6. Wages index up by 2.2 pct in Q2 for ninth straight increase
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    successive quarters. The NSA index came to 103.6 from 94 in the previous quarter. Since its peak

    2%

  7. Athens launches drive to pre-pay part of IMF loan, bringing budget benefits
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    Greece has launched the formal process to pre-pay part of the loans it has received from the International Monetary Fund after Finance Minister Christos Staikouras officially requested clearance from the European Stability Mechanism in a letter on Monday. The previous government had stated its

    2%

  8. Athens submits APS plan aiming to remove up to 30 bln of NPLs from bank balance sheets
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyBanking

    , from 94.4 billion the previous year. The ratio stood at 45.4 percent of total loans, down from

    2%

  9. New twist in Hellinikon saga as Lamda goes it alone
    Image via www.thehellinikon.com

    Economy

    million for working capital and 10 million to cover expenses related to the previous share capital

    2%

  10. Government looks to review visit for nod on tax package
    Photo by MacroPolis

    EconomyProgramme

    , for their part, remain focussed on the outstanding prior actions agreed with the previous government. Diverging

    2%