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  1. Industrial production rises for three months in a row for first time since 2007

    EconomyMacroeconomy

    , when 11 of the 12 months produced positive readings. The key drivers for the modest growth..., water supply production fell 1 percent. A broadly similar pattern was also evident in the figures

    6%
  2. April saw first rise in Greek banks' Eurosystem funding this year

    EconomyMacroeconomy

    of uncovered government-guaranteed bank bonds will be stopped as of March 1, 2015. This means that Greek banks... data for 2013, the ratio of Eurosystem funding to total assets ranged from 12 percent for Piraeus

    6%
  3. OECD sees 3.3 bln euros of savings Greece can make by cutting red tape

    EconomyMacroeconomy

    , pharmaceuticals and tourism. The last five areas account for less than 1 percent of total administrative... procurement represent administrative burdens of 393 million and form the third largest proportion (12

    6%
  4. Fitch upgrades Greek credit rating to B with stable outlook

    EconomyMacroeconomy

    in the next quarters. The next rating actions are scheduled for August 1 by Moody’s, September 12

    6%
  5. How Greek banks moved into a new era
    Photo by MacroPolis

    Agora

    Tier I (CETI) ratio (applicable in 2024) significantly improved to 12 percent for Alpha, 11.6... points (pp), followed by Piraeus at 1.3 pp, Alpha at 0.6 pp and National 0.5 pp (1 pp for Greece

    6%
  6. Long-term jobless rate of 71 pct poses new set of social challenges for Greece

    Society

    -term unemployed, which is those who have been out of work for more than 12 months. Long-term.... In the first quarter of this year just under 1 million Greeks (958,700) were out of employment for more

    6%
  7. Credit contracts at slower rate of 3.5 pct in May, balances down to 214.3 bln

    EconomyMacroeconomy

    the past 12 months and is largely attributed to corporate lending net deductions of 801 million... 1 percent remaining the only sector posting a non-negative growth for the eighth month in a row

    6%
  8. After landmark return in April, Greece prepares to tap bond markets again
    Photo by MacroPolis

    Economy

    timetable is subject to the approval of the next sub-tranche of 1 billion euros by the upcoming Eurogroup... million euros with a coupon of 4.375 percent. Alpha Bank followed suit on June 12 by issuing a 3-year

    6%
  9. Greek primary budget surplus to August narrows to 1.95 bln on lower revenues

    Economy

    on September 12. The primary surplus in August fell to 328 million euros compared to 1.57 billion posted.... The 8-month budget deficit stood at 2.85 billion, more than 1 billion higher compared to that posted

    6%
  10. What would a clean bailout exit for Greece mean in numbers?

    Agora

    ) and has additionally disbursed 12 billion during the second program in the form of an Extended Fund... in 2015 and 2016. Servicing costs of the IMF loans come to just over 1 billion euros annually in 2015

    6%