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  1. Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln

    EconomyMacroeconomy

    target. Revenues Revenues (before tax refunds) grew at double-digit levels by almost 20 percent... that amounted to 953 million euros more than double from last year and incorporate the ENFIA payment, while

    6%

  2. Weak banks drag Greek stocks down by 6.5 pct during week

    Economy

    Greek shares fell by another 6.5 percent this week amid a continued bank weakness, which plunged at double-digit rates for the fifth successive week. Turnover rebounded strongly after Alpha... of 5.6 million last year on the back of a double digit-drop in sales by 17.5 percent to 354.8 million

    6%

  3. Strong rebound of 7.7 pct in week for Greek stocks with jump in trading activity

    Economy

    time since December 7 and closed at 623.07 on Friday. Banks recorded double-digit gains of 15.5... by Alpha (+17.5 percent) and Eurobank (+16.1 percent). Double-digit growth was also recorded by OPAP

    6%

  4. Retail sales fall at slightly slower pace of 3.9 pct in Oct

    EconomyMacroeconomy

    sales is largely attributed to a double-digit drop in automotive fuel (-17.9 percent) and in retail... a double-digit rise in clothing and footwear (+16.4 percent) followed by an increase in furniture

    6%

  5. Industrial turnover drops 10.1 pct in November, for thirteenth straight fall

    EconomyMacroeconomy

    headline figure indicates the thirteenth successive negative reading and the sixth straight double.... The latter stems from double-digit declines for eurozone (11.2 percent) and non-euroarea countries (13

    6%

  6. Current account deficit at 1.22 bln in Nov, down 18.6 pct

    EconomyMacroeconomy

    percent, with exports recording a double-digit drop of 11.3 percent. The BoG said that the net oil... narrowing in the goods’ deficit is mostly attributed to a double-digit decline in imports by 14.3 percent

    6%

  7. Greek stocks up for second straight week, rising by 5.5 pct

    Economy

    performance still points to huge losses of 47.4 percent. The biggest double-digit gains were posted... up by 17.8 percent to 72.6 million, while net profit grew at double-digit levels by 18.9 percent

    6%

  8. Greek banks: Taking stock of a rough 2015 and looking at what lies ahead
    Photo by MacroPolis

    Agora

    -year figure points to a 3.9 percent drop. Most banks guided for a double-digit rebound in commission... on ELA funding and lower funding cost. In addition, fees are expected to grow at a double-digit

    6%

  9. Greek stocks advance 2.6 pct for second straight week on improved investor sentiment

    Economy

    percent to 104 million. Ellaktor reported net loss of 43.5 million in Q4 almost double from last... nearly 71 percent to 78.4 million with both sales and EBITDA climbing at double-digit growth rates

    6%

  10. Car sales rebound 3.4 pct in March
    Photo by MacroPolis

    EconomyMacroeconomy

    percent of road motor cars. Nevertheless, the double digit-drop in February led the 3-month figure... stable (+0.1 percent) at 23,015. Despite the double-digit growth rates of 13.5 and 30.1 percent in 2015

    6%