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  1. Eurosystem funding falls by 3.58 bln in September
    Photo by MacroPolis

    EconomyMacroeconomy

    collateral, participation of Greek banks’ EFSF holdings in the ECB’s quantitative easing (QE

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  2. Revised GDP data shows recession for 2016, higher growth in 2014
    By Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    According to the Hellenic Statistical Authority’s (ELSTAT) second estimate for the 2016 Annual National Accounts, Greece found itself in a marginal recession of 0.2 percent in real terms last year. ELSTAT initially announced this March that there had been no change (0 percent) in GDP last year

    1%

  3. Industrial turnover remains on growth path with 6.1 pct rise in Aug
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s industrial turnover rose by 6.1 percent in August, following an 8.9 percent rise in July, according to Hellenic Statistical Authority (ELSTAT) data published on Friday. The headline figure for August is the ninth consecutive positive reading, although it is the slowest rate of growth

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  4. Credit contraction eases to 0.8 pct in Sept
    Photo by Aggeliki Koronaiou/Fosphotos

    EconomyMacroeconomy

    showed net deductions of 7.6 million euros from 312.7 million in the previous month. September’s

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  5. Banks enhance steps to deal with NPLs ahead of stress test
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    to the difficulties ​​experienced by the country’s banks in recovering the capital lost through such loans

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  6. PMI at 52.1 in October, dropping slightly from previous month
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s Manufacturing PMI dipped slightly by 0.7 points in October to 52.1. Although the latest headline figure represents a three-month low, the index has remained above the 50-mark threshold for a fifth consecutive month. The report by Markit stated that the Greek manufacturing sector entered

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  7. Adoptions fall by 18.5 pct in 2016 as recent decline continues
    Photo by Angelos Christofilopoulos/Fosphotos

    Society

    adoption from Greece to the US took place. The country’s adoption framework has come under

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  8. Household disposable income fell by another 2.3 pct in 2016, consumption down by 1 pct

    EconomyMacroeconomy

    surplus of 100 million. Throughout the crisis, Greece’s balance with the rest of the world has

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  9. Trade deficit declines by 3.8 pct in September as exports outpace imports
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit fell by 3.8 percent in September after a rise of 31.3 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The deficit stood at 1.33 billion euros for the month. The change in the deficit stemmed from a growth in exports year-on-year

    1%

  10. Effort to end notaries' strike amid concern for auctions, NPLs
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    reportedly raised the issue of property auctions at Monday’s Eurogroup, making it absolutely clear

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