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  1. Industrial turnover rises at accelerating pace of 9.4 pct in Sept

    EconomyMacroeconomy

    in the previous months, the trailing index still points to a decline of 8.4 percent over the last 12 months...-durables edged down 1 percent. In more detail, turnover in mining of metal ores more than doubled... and installation services of machinery and equipment (-12 percent) and beverages (-8.1 percent). The detailed

    7%
  2. Economic sentiment stays stable at 95.1 in Jan, consumer confidence dives 3.4 pts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . It had posted cumulative gains of 23.1 points in the previous two months. Over the last 12 months...). On the flipside, two indicators are down in the past 12 months, namely construction confidence (-7.8 points) and consumer confidence (-1 point).

    7%
  3. PMI falls to 46.7 in Mar on drop in new orders but outlook positive for next months

    EconomyMacroeconomy

    Greece’s Manufacturing PMI fell by 1 point to 46.7 in March, almost offsetting the rise of 1.1... maintain a positive growth outlook for the next 12 months. New orders declined at a sharper pace... remained confident that output would expand over the coming 12 months. Key to this would

    7%
  4. Stocks record weekly losses of 0.7 pct in wake of inconclusive Eurogroup
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Bank (NBG) posted net profits of 5 million in Q1, while core pre-provision income (PPI) rebounded 12... with PPI improving by 12 percent QoQ to 258 million. The Extraordinary General Meeting of Public..., Terna Energy and Viohalco hold their AGMs on May 30 followed by Mytilineos and Metka AGMs on June 1

    7%
  5. Array of centre-left leadership candidates edge towards watershed vote
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    , this would fall far short of the 50 percent +1 of the vote needed to win outright on November 12...Campaigning is in full swing for the leadership of the centre-left in Greece, which is due to be contested in a first round of voting on November 12. The leadership contest is the latest development

    7%
  6. How Greece sleepwalked off a cliff in 2009, in black and white

    Agora

    in September was 1.5 percent of GDP, while during the year the deficit had been growing by 1... was expected to reach 30 to 35 billion euros, something between 12 and 14 percent of GDP. Debt was seen... reaching somewhere between 10 and 12 percent of GDP. Just days before the report was issued and with all

    7%
  7. General govt primary cash surplus at 1.98 in Jan, arrears fall by 167 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the sales of nonfinancial assets declined by 12 million, standing at 2 million in January versus 14... million) and state budget arrears (-46 million). Arrears to extrabudgetary funds fell by 12 million... rise of 1 million to 50.46 billion (15.1 percent of the total) and T-Bills were unchanged from

    7%
  8. Newsletter 202 -12/04/2019

    Newsletters

    on November 1. According to the agency’s plans, 120 inspectors will be tasked with going after debts... for the latest 12 months since April 2018 showed a rise of 0.8 percent. Greece’s Consumer Price Index (CPI) rose... of the year. The average CPI for the latest 12 months since April 2018 showed a rise of 0.8 percent

    7%
  9. What brought down Golden Dawn?
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    of the second MoU, their support in opinion polls skyrocketed from 1.5 percent at the end of 2011 to 12... 12 percent of those who had cast a vote for Golden Dawn in September 2015 switched to Greek... briefly joined the coalition government in 2012. In fact, only 1 in 10 Golden Dawn voters in May 2012

    7%
  10. Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
    Photo by MacroPolis

    EconomyBanking

    income (PPI) declined by 12 percent quarter-on-quarter (QoQ) to 188 million. When excluding one-off... 248 bps in Q1. Net fee and commission income increased by 12 percent QoQ to 77 million. In H1... guidance for 2019 ranges from 150 to 180 bps over net loans. Balance Sheet Eurosystem funding stood at 1

    7%