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  1. Euroban​k net results show profit of 176 mln in H1
    Photo by MacroPolis

    EconomyBanking

    of 2018, NPE stock has fallen by 10.5 billion euros to stand at 6.2 billion in H1 2020. The NPE ratio

    2%

  2. GDP falls by 14 pct QoQ in Q2 and by 15.2 pct YoY to reach historic low
    Photo by Manolis Tsafos/Fosphotos

    EconomyMacroeconomy

    of 6 percent was expected in 2021, lower than the forecast of 7.9 percent in spring. The OECD has

    2%

  3. H1 results for Greek corporates show signs of pandemic biting
    Image via www.gekterna.com

    EconomyCorporates

    to a profit of 5.7 million in H1 2019. Fourlis Group has reported that their net results for the first

    2%

  4. Industrial production drops by 0.2 percent in July
    Photo by MacroPolis

    EconomyMacroeconomy

    has fallen by 16.1 points. In addition, Markit’s PMI for August increased to 49.4 points from 48.6

    2%

  5. Athens encouraged by Med7, Macron support in Turkey dispute
    Photo via www.primeminister.gr

    PoliticsForeign Policy

    The Greek government is satisfied with the outcome of the Med7 summit in Corsica, chaired by French President Emmanuel Macron, who has taken a leading role in efforts to rally opposition to Turkey’s actions in the East Med. Macron reiterated his support for Greece and Cyprus, calling for a “strong

    2%

  6. Building permits rise by 17 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    last year, construction confidence has increased by 11.4 points.

    2%

  7. Mitsotakis seeks to reassure on foreign policy, spending plans

    PoliticsGreek Politics

    has created a tension with delivering on key spending pledges in other areas. Pressed on the subject

    2%

  8. New tax debt at 2.53 bln to May, up by 96 mln month-on-month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The month-on-month rise in Greece's new tax debt came to 96 million euros in May, data from the Independent Authority of Public Revenues (IAPR) has shown. New tax debt totalled 2.53 billion, lower than the figure for the same period last year by 19.3 percent. In April, the increase in new tax debt

    2%

  9. Turnover in services shows year-on-year deteriorations in Q2
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    improved by 5.4 points month-on-month to -28.8 points. Year-on-year, the service confidence indicator has

    2%

  10. Overdue social security contributions rise to 37 bln in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    from 346.2 million in Q2 2020. Overall, KEAO has collected revenues of 6.28 billion since 2013

    2%