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  1. Current account balance shows a surplus for third straight month, at 2.09 bln in August

    EconomyMacroeconomy

    that excluding oil and ships, exports fell by a low single-digit figure (-2.8 percent). In absolute

    3%
  2. Greek shares up for the third straight week on strong performance from banks

    Economy

    to 86.9 billion. The Single Supervisory Mechanism (SSM) of the ECB is due to announce Greek banks

    3%
  3. First visit by quadriga to Athens leaves series of issues unresolved

    EconomyProgramme

    the announcement of banks’ capital needs by the Single Supervisory Mechanism (SSM) of the ECB

    3%
  4. Fiscal target revision shows 3.07 bln 9-month primary surplus was 1.8 bln above target

    Economy

    to the elimination of the single property tax (ENFIA) revenues, which was initially due to be paid as of July

    3%
  5. Credit contraction slows to 1.5 pct in Sept on marked drop in corporate loan deductions

    EconomyMacroeconomy

    Single Supervisory Mechanism (SSM) will announce Greek banks’ capital needs on October 31, while

    3%
  6. Greece and lenders far apart on foreclosures as housing NPLs keep rising

    EconomyProgramme

    to 300,000 euros for a single person, 375,000 euros for a married couple, 412,500 euros for a married

    3%
  7. Alpha makes 1.09 bln bond swap offer to boost capital
    Photo by MacroPolis

    EconomyBanking

    from the comprehensive assessment conducted by the ECB’s Single Supervisory Mechanism (SSM). According

    3%
  8. Eurobank makes 877 mln bond exchange offer to cover part of its capital shortfall
    Photo by MacroPolis

    EconomyBanking

    or by a maximum of 1.06 billion for the exchange option, if all bondholders accept the offer. The ECB’s Single

    3%
  9. Retail sales down by 4 pct in August for third straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    with just a single growth rate of 2.4 percent recorded in May. Retail volume also fell but at a slower

    3%
  10. Tsipras rages against EU over refugee crisis but own goals unclear

    PoliticsForeign Policy

    that Greece is not asking for a “single euro” to do its duty in saving refugees and migrants who are trying

    3%