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  1. Industry turnover down by 2.3 pct in April for sixth straight fall

    Economy

    The Turnover Index in Industry fell by 2.3 percent in April, which is similar rate to the previous month’s decline after an upward revision of the March figure, according to the Hellenic Statistical Authority (ELSTAT). The April headline figure is the s...

    8%

  2. Greek stocks down by 11.3 pct for biggest weekly fall of last month

    Economy

    Greek stocks recorded losses of 11.3 percent this week, which is the highest over the past four weeks. The negative performance fully reflects the drop in the first three sessions of the week. The last two sessions, albeit volatile, closed on positive g...

    8%

  3. Greek talks go down to the wire as IMF raises major objections

    PoliticsGreek Politics

    Prime Minister Alexis Tsipras left for Brussels on Wednesday for meetings with key officials ahead of a Eurogroup at which eurozone finance ministers are due to reach an agreement at the Greek bailout. But just hours before that meeting, the prospect of...

    8%

  4. ELA funding down by 1.48 bln in July for first monthly drop since May 2014
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell by 1.29 billion euros in July after rising by 10.17 billion in June, according to the Bank of Greece's (BoG) monthly financial statement published on Monday. This was the first drop in central bank funding since Sept...

    8%

  5. Current account in surplus for 2nd straight month in June but down 20 pct on 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's current account (C/A) balance displayed a surplus for the second successive month in June but it narrowed by 20 percent year on year (YoY), reaching 1 billion euros from 1.25 billion in 2014, according to the Bank of Greece (BoG). The YoY deter...

    8%

  6. ELA funding down by 1.23 bln in August for second successive fall
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding eased for the second successive month in August, when it fell by 1.23 billion euros after a drop by 1.29 billion in July, Bank of Greece's (BoG) monthly financial statement showed on Monday. In absolute terms, Eurosystem ...

    8%

  7. Greek stock market unmoved by election result, edges down 3.2 pct over week

    Economy

    The Greek stock market shed 3.2 percent this week in the aftermath of Sunday’s snap elections and formation of a new coalition government. Trading activity remained subdued as investors are still reluctant to invest in Greek shares. In the absence of fi...

    8%

  8. Greek stocks down 5.1 pct over week as investors remain cautious

    Economy

    The domestic market continued heading south for the second straight week, with markedly subdued trading activity on the lack of positive catalysts and nervousness in the global markets. At the same time, investors appear extremely concerned about banks’...

    8%

  9. IMF aligns Greek projections with EU, revises down GDP
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    Economy

    In its latest World Economic Outlook (WEO) published on Tuesday, the IMF presented its updated macro forecasts on Greece, which are based on data available on August 12. As expected, the IMF revised downward its GDP estimates, aligning them with those t...

    8%

  10. Retail sales down by 4 pct in August for third straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index dropped for the third successive month in August, albeit at a decelerating pace by 4 percent from 8.6 percent in July, Hellenic Statistical Agency (ELSTAT) data showed on Friday. The August figure is the seven...

    8%