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  1. Finance Ministry details impact of pension interventions, sees 2021 social budget surplus at 3.17 bln
    Photo by MacroPolis

    EconomyProgramme

    , the gradual rise in farmers’ contributions (285 million), the reduction in the public servant fund’s

    1%
  2. Industrial turnover up 24.5 pct in March for fifth straight month
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Turnover Index in Industry continued its positive performance, rising by 24.5 percent in March after growth was revised upwardly to 21.3 percent for February, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The March headline figure is the fifth straight positive reading

    1%
  3. Labour Ministry publishes latest pension breakdown

    EconomyMacroeconomy

    between 66 and 70 (1,012 euros). Another provision in last year’s pension reform related

    1%
  4. Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
    Photo by MacroPolis

    EconomyBanking

    percent and net losses of 110 million in Q1. By the end of 2020, the bank’s assets are expected

    1%
  5. Economic sentiment down 1.7 pts in May, consumer confidence up for second straight month
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) fell by 1.7 points in May after improving cumulatively by 2 points in the previous two months, European Commission (EC) figures showed on Tuesday. The ESI stood at 93.2 in May, which is the lowest reading since February, representing a year-to-date deterioration

    1%
  6. Greeks tending to shop less often and opt for local products

    Society

    Recent research by the marketing and communications department of the Athens University of Business and Economics showed that the crisis has made Greeks more inclined to prefer products made in Greece. It’s the latest sign that the prolonged crisis in Greece has had an impact on the way in which

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  7. Slight rise of 0.3 pct in March retail sales after strong growth in February
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index edged up by 0.3 percent in March, after upwardly revised double-digit growth of 11.2 percent in February, Hellenic Statistical Agency (ELSTAT) data showed on Wednesday. The March headline figure, albeit marginal, is the sixth positive reading in the last

    1%
  8. Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
    Photo by MacroPolis

    EconomyBanking

    in Q1, while the pro-forma figure for the sale of Alpha’s Serbian operations (closed on April 11) stood

    1%
  9. Bank branches fall in 2016, degree of concentration highest in EU
    Photo by Aggeliki Koronaiou/Fosphotos

    EconomyBanking

    Credit Agricole and Citigroup’s retail banking unit in Greece, Eurobank Hellenic Postbank (TT

    1%
  10. Greek distrust of media high compared to EU average
    Photo by Gerasimos Domenikos/Fosphotos

    Society

    not think that the country’s media regulator was independent from commercial, government or political

    1%