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  1. IMF approves programme "in principle," repeats position on debt and reforms
    Photo by World Bank via Flickr https://flic.kr/p/bPr6Y6

    EconomyProgramme

    Mechanism programme, on August 31 next year. In a press release, the Fund repeated the positions it has

    2%

  2. IMF sets out why it stands apart from eurozone on long-term growth prospects
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyProgramme

    population. The IMF notes that the outward migration of working age population observed during the crisis has

    2%

  3. Greece completes first bond issue in three years, eyes more on way out of programme
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Greece has tapped capital markets with a 5-year bond issue for the first time since 2014, raising 3 billion euros. The book-building process launched on Monday and concluded on Tuesday afternoon. As we noted, the transaction included a switch and tender offer of the 5-year bond issued in April 2014

    2%

  4. Deposit inflows increase to 1.1 bln in June
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the beginning of the year, the liquidity withdrawn from the ELA mechanism has dropped by 5.74 billion

    2%

  5. May retail sales show slight rise of 0.4 pct, volume increases 0.3 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    taxes. The biggest decline across this period has been observed in retail sales not in stores (-49.6

    2%

  6. PMI stays at 50.5 in July with second positive reading in 11 months
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    reading above 50 points was positive, this growth was very fragile and foreign demand has continued

    2%

  7. Greeks deeply pessimistic about future but confidence in euro persists
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    will get eventually get better if Greece leaves the euro has fallen from 32 to 21 percent.

    2%

  8. Greeks' working hours among highest in EU, annual leave below average
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    An annual review for the working rights of workers in the European Union has found a divergence in the working lives that employees across the Union are entitled to. The European Foundation for the Improvement of Living and Working Conditions report entitled “Developments in working time 2015–2016

    2%

  9. Credit contraction continues in July with 1.2 pct decline
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    -euro mark, at 23.94 billion. There has been credit contraction in the Greek market for the last six

    2%

  10. NBG reports net losses in Q2, NPEs down for fifth straight quarter
    Photo by MacroPolis

    EconomyBanking

    56 percent in the previous quarter. It is worth noting that the bank reiterated it has created so

    2%