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  1. Greek stocks drop 2.5 pct for second straight week, banks tumble 5.4 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    this week. On the flipside, the top underperformers included Ellaktor (-8.9 percent), Alpha (-7... 1 that its Board of Directors elected George Handjinicolaou as non-executive chairman. Louka Katseli

    12%
  2. Industrial production growth slows to 2.3 pct in Nov

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) rose by 2.3 percent in November after an upward revised increase of 7 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Monday.... It has increased by 7.9 points within 2016. In addition, the Markit Manufacturing PMI edged up by 1

    12%
  3. Retail sales down by 1.3 pct in Dec for first drop since Aug
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    also decreased by 1 percent in December after an upward revised rise by 4 percent in the previous month. The drop in December sales mostly reflects a decline in department stores (-7 percent), food

    12%
  4. Multiple potential benefits await Greece if it can clinch QE eligibility
    Photo by ECB via Flickr https://flic.kr/p/qhZVDy

    EconomyFeatures

    and issuer limits of 33 percent each and the 1 to 30-year range of residual maturity applied... of the 10-year GGB yields from the level of around 7 percent in mid-January. This would mainly stem from

    12%
  5. Unemployment rate up to 23.6 pct in Q4, down to 23.5 for 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    was first made available. At the same time, the number of ‘long-term’ (more than 1 year) edged up.... Moreover, 7 percent of unemployed did not accept a job offer, with the main reasons being: a) the wage

    12%
  6. What Dijsselbloem didn't say
    Photo by Fosphotos

    Agora

    found Greece, Ireland, Spain, Portugal and Italy with a collective current account deficit of almost 7..., the euro area’s overall current account “stayed moderately positive,” never exceeding 1 percent

    12%
  7. Industrial turnover continues on upward curve with 20.9 pct rise in Feb

    EconomyMacroeconomy

    percent) and consumer durables (+7 percent). On the flipside, turnover in consumer non-durables dell... level since last November. In addition, Markit’s Manufacturing PMI edged down by 1 point to 46.7

    12%
  8. Travel receipts drop by 7.8 pct in March, higher fall in payments leads to soaring balance
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    to 267.7 million euros, while those from non-EU countries declined at a sharper pace by 7 percent... by at least 1 billion euros and range between 14.2 to 14.5 billion in 2017, subject to a rebound

    12%
  9. Industrial turnover up by 8.1 pct in June for eighth consecutive rise
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    at a significantly slower rate by 1 percent. Four out of the five main industrial groupings recorded a rise in June... to record a decline with a drop of 7 percent. The detailed breakdown showed that the best performance

    12%
  10. General govt primary cash surplus at 4.10 bln in seven-month, arrears rise to 5.44 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    (-7 million), hospitals (-4 million) and local governments (-1 million). From the beginning

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