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Deposit inflows of 1.07 bln in June, highest in first half of 2016
EconomyMacroeconomyGreek private sector deposit flow remained positive for the second straight month with inflows of 1.07 billion euros in June from 183 million in May, Bank of Greece (BoG) figures showed on Wednesday... extent time inflows of 247 million, while savings recorded outflows for the second successive month
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PMI falls back into contraction territory in July, landing at 48.7 pts
EconomyMacroeconomyoccurring in the second-half of 2016 seems slim,” its analysts said. The Greek economy experienced.... Available hard data to date point towards a decline in the second quarter as well, which
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After calm summer, hectic September lies ahead for Greek government
EconomyProgrammeminister. In addition, the government has to transfer to the new fund a second group of state-owned... actions will pave the way for the disbursement of the second sub-tranche of 2.8 billion euros from
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Coalition seeks to quash concerns about complications with Hellenikon development
PoliticsGreek Politicsof September is one of the tasks the government has to cross off its list to complete the second review... pressing financial concerns and its need to complete the second bailout review as painlessly as possible
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Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP at constant prices rebounded by 0.3 percent quarter on quarter (QoQ) in the second quarter (Q2) of 2016 after a revised drop by 0.1 percent in Q1, Hellenic... in the course of the second half of the year, 2016 is largely expected to be another recessionary year
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Can Greece learn to love renewable energy?
EconomyFeaturespart-state owned Public Power Corporation (PPC). The country’s mines rank second in the EU... panels.[6] Despite this, the positive outcome was that Greece is second only to Germany in terms.../uploads/2016/06/GSR_2016_KeyFindings1.pdf [2] https://www.dei.gr/en/i-dei/i-etairia/tomeis-drastiriotitas
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Lower bad loan provisions and increased write-offs for Greek banks in Q2
EconomyAhead of the release of Greek banks’ second quarter (Q2) results, which are due next week, the aggregate balance-sheet figures published by the Bank of Greece (BoG) provide some colour... million euros were booked in Q2. In the second half of last year, Greek banks posted another 446 million
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Retail sales drop for thirteenth straight month by 5.2 pct in June
EconomyMacroeconomycontinued showing contradicting trends. Consumer confidence fell for the second straight month by 0.9 points to -70.1 in August, while the trade confidence indicator improved for the second successive
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PMI picks up to 50.4 in August, new orders grow for first time in two years
EconomyMacroeconomy, production increased for the second time this year at a rate broadly similar to the historical average, while... export orders rose for the second straight month at the fastest pace since July 2014. Employment
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Greek stocks climb 3 pct on week, banks post double-digit gains
Economyshares soared 12.4 percent in the aftermath of their second quarter (Q2) results that showed improving... reported a positive bottom-line result for the second straight quarter with net profits at 46.2
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