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  1. Minor uptick in time deposit and average loan interest rate in June

    EconomyMacroeconomy

    . Since the imposition of capital controls at the end of June 2015, the new time deposit rate has been trimmed by around 100 bps, broadly due to the lack of competition, although the downward trend has

    1%

  2. Finance Ministry says revenues beat revised target by 105 mln in July
    Photo by MacroPolis

    EconomyProgramme

    October when the 2016 budget was prepared but has been recently revised. It added that cash revenues... outperformance has been trimmed by 424 million for gross revenues and 516 million for net revenues in one month

    1%

  3. Unemployment rate stable at 23.5 pct in May after upward revision for April
    Photo by MacroPolis

    EconomyMacroeconomy

    . Over the past 12 months, the number of jobs has risen by 59,700, while the number of unemployed has

    1%

  4. HFSF General Council appoints interim CEO and Deputy CEO

    EconomyBanking

    and Deputy CEO has to be ratified by the Eurogroup Working Group. Stratos is non-executive member..., HFSF has to facilitate and assist the NPL resolution and coordination of stakeholders, to enhance

    1%

  5. Eurosystem funding drops by another 4.3 bln in July, largely on reduced ELA reliance
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    funding has been reduced by 43.73 billion euros from the recent peak of 126.57 billion posted... noted, the ongoing reduction in ELA funding balance has a positive impact on Greek banks’ net

    1%

  6. Industrial turnover falls by 9.4 pct in June

    EconomyMacroeconomy

    on Friday. Turnover in industry has been in negative territory since November 2014. As a result, over.... The exception was consumer durables, which increased by 55.4 percent. The non-eurozone market has

    1%

  7. Greek stocks down 2.6 pct on week, banks underperform for fifth straight week
    Photo via www.helex.com

    Economy

    lowest level since August 8. Since the beginning of the month, the domestic market has retreated 1.8.... The banking index closed the week at its lowest level since July 6. It has recorded losses of 13

    1%

  8. Over 26 pct of young Greeks out of education, training and work - second highest in EU
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    Greece has the second highest share in the European Union of NEETs – young people aged 20-24 who are neither in employment nor in education or training – and also saw its proportion of NEETs jump... ago, Luxembourg was in the leading position, on 48.9 percent, a figure that has now fallen to 47.1

    1%

  9. Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
    Photo by MacroPolis

    EconomyMacroeconomy

    up nearly 69 percent of the total figure. Since its peak in Q3 2009, household consumption has... posted in Q1. As a result, investment grew by 2 percent in H1. However, investment has tumbled

    1%

  10. Latest data highlights how hard it is for unemployed Greeks to find jobs
    Photo by MacroPolis

    Society

    from Eurostat has shown. Only 4.3 percent of jobless Greeks moved into employment and 1.1 percent... quarter of 2016. However, the situation in Greece has improved marginally year-on-year

    1%