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  1. ESM approves next bailout tranche, providing Athens with some relief
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that the second payment would "be made after 1 September 2017 subject to Greece making significant... Panos Kammenos’s intervention in the Noor 1 drug smuggling case and comments made by Finance Ministry

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  2. Newsletter 127 - 14/07/2017

    Newsletters

    percent. Consumer Price Index up 1 pct May reading represents sixth positive reading after four years Greece’s Consumer Price Index (CPI) grew by 1 percent in June from 1.2 percent in the previous

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  3. UN steers clear of Cyprus blame game as focus moves to hydrocarbons
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    of blocks 1, 6 and 7 of Cyprus’ EEZ, to the west and southwest of the island. The effective dates... in blocks 1, 6 and 7, while the Cyprus Republic's right to conduct hydrocarbon research has been

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  4. Greeks deeply pessimistic about future but confidence in euro persists
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    of those with a negative view improved by 5 percentage points, while the Greek results worsened by 1... thought that the economic situation in Greece would worsen in the next year, an increase of 1

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  5. Capital controls to ease further from the beginning of September
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Individuals will be able to withdraw a lump sum of up to 1,800 euros per calendar month from September 1 as part of government moves to further relax the capital controls in place since 2015..., or 1,680 across a total of 28 days. Additionally, from September 1, it will be possible to withdraw up

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  6. Rise in foreign arrivals pushes travel receipts up by 14.2 pct in June
    Photo by Aggeliki Koronaiou/Fosphotos

    EconomyMacroeconomy

    countries displayed the strongest rise, increasing by 19.7 percent to 1 million. The aggregate.... Furthermore, travel receipts are foreseen to increase by at least 1 billion and range between 14.2-14.5

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  7. Eurobank records 40 mln net profits in Q2 and third quarter of negative NPE formation
    Photo by MacroPolis

    EconomyBanking

    to 1 billion, while interbank repos stood at 5.8 billion in August rebounding from the recent low... Equity Tier 1 (CET1) ratio edged up by 10 basis points (bps) QoQ to 17.4 percent in Q2. The disposal

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  8. Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter
    Photo by MacroPolis

    EconomyBanking

    to the reclassification of 69 million from loan impairments. Operating expenses edged up 1 percent QoQ to 292... exchanged in H1 due to the implementation of the short-term debt relief measures. The Common Equity Tier 1

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  9. NBG reports net losses in Q2, NPEs down for fifth straight quarter
    Photo by MacroPolis

    EconomyBanking

    the domestic core banks. Capital The Common Equity Tier 1 (CET1) ratio stood at 16.5 percent in Q2, while... and liquidity by around 80 bps and 1 billion respectively. The positive impact on capital stems

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  10. Unemployment falls to 21.2 pct in June, lowest since Dec 2011
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to May, to total 1 million in June. The labour force rose slightly to 4.8 million in June... at 961,000, going below the 1 million mark for the first time since October 2011. Those employed rose

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