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  1. Greek stocks fall 1.5 pct, banks underperform for third straight week
    Photo via www.helex.com

    Economy

    The Greek stock market ended down 1.5 percent this week on relatively light trading that was a reflection of the negative international sentiment that prevailed in the beginning of the week. S&P raised Greek banks’ rating. with a stable outlook. in the ...

    6%

  2. General government primary cash surplus grows to 4 bln by end-July, arrears fall to 6.9 bln

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus grew by almost 1.7 billion euros to 4.02 billion in the 7-month period of 2016 from 2.33 billion a year ago, the Finance Ministry (MoF) gg bulletin displayed on Wednesday. The remarkable rise is main...

    6%

  3. Travel receipts fall 3.5 pct in July, dragging balance down 5.9 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel receipts dropped for the fourth successive month in July, albeit at a slower pace of 3.5 percent, after a decrease by 5.4 percent in June, Bank of Greece (BoG) figures displayed on Wednesday. In absolute terms, travel receipts stood at 2...

    6%

  4. Broadly stable rate in time deposits, corporate loan rates fall in Aug

    EconomyMacroeconomy

    Greek households’ new time deposit rate edged up by 1 basis point (bp) to 0.87 percent in August from 0.86 percent in the previous two months, Bank of Greece (BoG) data displayed on Tuesday. The latest headline figure is the highest reading since April....

    6%

  5. Industrial production down 0.3 pct in Aug for first fall since Mar

    EconomyMacroeconomy

    The Greek Industrial Production Index (IPI) fell by 0.3 percent in August after an upward revised 4.7 percent rise in July, Hellenic Statistical Authority (ELSTAT) data displayed on Monday. The August headline figure indicates the first negative reading...

    6%

  6. Retail sales fall by 3.1 pct in Aug after fleeting rebound in July

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index fell by 3.1 percent in August, after a rise of 7.1 percent in July attributed to a low base effect, Hellenic Statistical Agency (ELSTAT) figures showed on Monday. The August headline figure represents the 18th...

    6%

  7. In 16th successive fall, Eurosystem funding drops by 3.5 bln in Oct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding dropped by another 3.53 billion euros in October after a decrease by 3.15 billion in September, the Bank of Greece's (BoG) monthly financial statement revealed on Thursday. As a result, central bank funding balance fell f...

    6%

  8. Pieces of review puzzle yet to fall into place ahead of Eurogroup
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    Although progress is being made on ongoing discussions between the Greek government and the institutions, an agreement has not been clinched as the various sides have yet to converge on several key issues. One of the main obstacles is the labour market ...

    6%

  9. Car sales fall by 19.8 pct in Dec but rebound for fourth successive year in 2016
    Photo by David Rankin https://flic.kr/p/AntsE2

    EconomyMacroeconomy

    Road motor vehicles (going into circulation for the first time) fell considerably by 19.8 percent in December following a rise of 18.4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The December headline f...

    6%

  10. Stocks fall for second straight week amid soft volumes
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    The Greek stock market showed no signs of rebounding this week as it edged down 1.9 percent amid lack of market-moving news, particularly regarding the second programme review. The lack of investors’ interest was clearly demonstrated in the trading acti...

    6%