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  1. Greece's harsh social reality

    Agora

    and recreation. In 2009, almost 4 million Greeks took a trip of four days of more. In 2013, this figure had

    12%

  2. Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
    Photo by MacroPolis

    EconomyBanking

    is expanding. Piraeus also noted it participated with 4 billion in ECB TLTRO II in June, of which 2.7

    12%

  3. One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    Assistance (ELA) funding as well as lower deposit cost. Fee and insurance income rose by 4 and 30

    12%

  4. Fitch affirms Greece’s rating at ‘CCC’

    Economy

    . Moreover, unemployment is expected to fall by 4 percentage points from 25.9 percent in 2015 to 21.9 percent

    12%

  5. Industrial production up for fourth straight month in July with 4.1 pct rise

    EconomyMacroeconomy

    in manufacturing and water supply production by 9.2 and 4 percent respectively. In contrast

    12%

  6. Tsipras limits pledges and expectations in Thessaloniki
    Photo by MacroPolis

    PoliticsGreek Politics

    induction in the European Central Bank’s quantitative easing scheme, 4) High growth rate in 2017

    12%

  7. Turnover in services sector worsens again in Q2

    EconomyMacroeconomy

    indicator released by the European Commission displayed a notable rise of 4.3 points to -4 in august

    12%

  8. Mitsotakis uses tax cut pledge as driving force in effort to provide alternative
    Photo via @kmitsotakis

    PoliticsGreek Politics

    ambitious targets for the economy, saying that an annual growth rate of 4 percent of GDP is achievable

    12%

  9. ELSTAT revises nominal 2015 GDP contraction to 1.3 pct

    EconomyMacroeconomy

    In its second estimate of the annual national accounts for 2015, the Hellenic Statistical Authority (ELSTAT) revised downward the drop in nominal GDP to 1.3 percent from the 0.9 percent initially announced on March 4. This means that the Greek economy’s recession (in nominal terms) was deeper than

    12%

  10. PBO report highlights short-term recessionary impact and tax-centric austerity of 2017 draft budget

    EconomyMacroeconomy

    The Parliamentary Budget Office (PBO) published an interim report on Wednesday evening commenting on the 2017 draft budget tabled by the Finance Ministry on October 4. The report highlights that 2017 budget is expected to have a short-term recessionary impact on the economy, since expenditure cuts

    12%