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Industrial production drops by 1.6 pct for third successive month in July
EconomyMacroeconomyby intermediate goods (-8 percent), capital goods (-7.9 percent) and consumer non-durables (-5.2 percent.... The positive growth rate reflects an increase in energy and capital goods’ production by 17.6 and 1.8
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Newsletter 43 - 18/09/2015
of the year. Since the ECB is expected to announce the banks’ capital needs in the second half... and frustration have interchanged almost on a daily basis. The introduction of capital controls at the end
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Current account surplus jumps to 4.25 bln in July on SMP returns and nosedive in imports
EconomyMacroeconomyreflecting the imposition of capital controls as of June 29. At the same time, exports fell by 9 percent... due to the capital controls and bank holiday. Overall, travel balance recorded a surplus of 2.71
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Industrial production rebounds strongly in August with 4.5 pct rise
EconomyMacroeconomyindustrial grouping showed only one posted a sharp drop, namely capital goods (down 24.7 percent...) followed by intermediate goods (up 13.3 percent). On the other side of the spectrum, capital goods
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Greek stocks post weekly rise of 5.6 pct, with banks rebounding strongly
Economy. Despite the outperformance they are still down by more than 68 percent in the post-capital controls period... this year before the imposition of capital controls. Corporate news During a presentation
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Committee of wise men proposes drastic changes to Greece's pension system
Economythe pension capital and bear a virtual interest rate based on macroeconomic assumptions... on the accumulated amount of the pension capital. At the time of retirement, the accumulated value of SSCs would
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Industrial turnover dives 18.3 pct in Aug for highest drop in almost 5 years
EconomyMacroeconomyindustrial groupings recorded a marked fall, with energy and capital goods turnover plunging by 36.3... manufacturers experienced the harsh effects of the ongoing capital controls” with latest survey data
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NBG Q2 trading update shows higher pre-provision income, marked improvement in NPL formation
EconomyBanking, excluding those related to loan provisions, after tax earnings and capital. Starting from the top-line... of October and is expected shortly after the release of their capital needs by the Single Supervisory
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Passing of broadcasting bill introduces new challenges for coalition
PoliticsGreek Politicsa minimum of 8 million euros in share capital to bid for a national broadcasting licence that would allow them to broadcast news as well as other programmes. The minimum share capital needed for regional
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Retail sales down by 4 pct in August for third straight fall
EconomyMacroeconomythe impact from the imposition of capital controls. The breakdown of August retail sales showed the bulk... impact from the capital controls. The seasonally adjusted (SA) figures, which eliminate the impact
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