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  1. Greek trade deficit rises by 7.4 pct in June but rate of increase slows

    EconomyMacroeconomy

    is the highest reading in 2014 and the second positive reading in the first half of the year, after the modest... north for the second straight month at 4.19 billion in June. The monthly growth rate of 9.7 percent

    17%
  2. Greek economic sentiment and consumer confidence fall in August
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment deteriorated for the second straight month, easing to 101.9 points in August from 102.6 in July, according to the European Commission (EC). The reading remains above... to -54.7 points in August from -51 in July. This follows an improvement of 15.4 points in the second

    17%
  3. Rate of credit contraction rises to 3.7 pct in July, balances fall
    Photo by MacroPolis

    EconomyMacroeconomy

    accelerated for the second straight month to 4.9 percent from 4.7 percent in June. In addition, net deductions rose to 707 million, which is the second highest reading in 2014. In June, net

    17%
  4. Small but rare rise of 0.4 pct for Greek retail turnover in June
    Photo by MacroPolis

    EconomyMacroeconomy

    . The June retail turnover figure is the second positive reading since June 2010, after the 3.8... by 15.4 points in the second quarter of the year. Retail trade confidence rose by 2.6 points to 22.3

    17%
  5. Eurobank reports net loss of 301.1 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    Eurobank reported a net loss of 301.1 million euros in the second quarter (Q2) from 207.4 million in Q1. Excluding loss from discontinued operations (Ukraine) and non-recurring charges... to 103.4 percent in Q2, which is the second lowest among the top-4 Greek banks, following that of NBG

    17%
  6. Piraeus Bank reports net profit of 164.3 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    of additional deferred tax asset (DTA) of 200 million euros. The second involves an extraordinary... costs amounting to 420 million have incurred. The remaining core actions involve a second voluntary

    17%
  7. Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek non-seasonally-adjusted GDP contracted 0.3 percent year on year (YoY) in the second quarter (Q2) of 2014 from -1.1 percent in Q1, according to the provisional data published by the Hellenic... in exports of services, at a double-digit rate for the second straight quarter, is mainly attributed

    17%
  8. OECD report paints grim picture for Greece's labour market
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    by real GDP. This figure declined at an accelerating pace for the second successive year by 7.8... the last six years at 2,037 in 2013, well above the weighted OECD average of 1,770 and the second highest

    17%
  9. Greek CPI down by 0.3 pct in August as rate of decline slows for third month in a row
    Photo by MacroPolis

    EconomyMacroeconomy

    (MoM) for the second consecutive month. As in July, the August MoM performance is largely attributed... forecasts by the troika institutions, the Greek government and the Bank of Greece who see a second

    17%
  10. Greek unemployment rate hovers at 27 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    for the second consecutive month with three positive MoM readings in the first half of the year. Unemployment... the 59-percent mark for the second consecutive month. In addition, the June figure is the highest reading

    17%