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  1. Newsletter 121 - 02/06/2017

    Newsletters

    International Airport SA offer to extend 20-year concession Greece’s economic sentiment (ESI) fell... Commission (EC) figures showed. The ESI settled at 93.2 in May, which is the lowest reading since February... is almost attributed to corporate sector net additions of 763 million outpacing household lending deductions

    33%

  2. Industrial turnover records five months of contraction after 6.2 pct drop in Aug
    Photo by MacroPolis

    EconomyMacroeconomy

    months, to -1.3 pints after a rise of 2.6 points in the previous month. Since October last year, industry confidence has risen by 4 points. Overall, economic sentiment (ESI) recorded a drop of almost 3

    31%

  3. GDP shows annual growth of 2.2 pct in Q3
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    quarterly growth streak experienced by Greece began in Q2 2005 and ended in Q4 2006. GDP grew by 2.2... percent QoQ. As mentioned, the provisional estimates showed that GDP grew by 2.2 YoY after a downward... of services rose by 2.2 percent QoQ and 13 percent YoY. The MoF’s growth estimate for imports in 2018

    28%

  4. Industrial production stays in contraction for third successive month in Aug
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    of 0.9 pct, after an increase of 2.2 pct in the previous month. The annual movement in the index... successive positive months, to -1.3 pints after a rise of 2.6 points in the previous month. Since October

    26%

  5. Consumer prices drop further by 2.2 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    The Greek consumer price index (CPI) fell by 2.2 percent in June after a drop by 2.1 percent in the preceding two months, according to the Hellenic Statistical Authority (ELSTAT). This indicates... in: transport (-3.1 percent), education (-3.1 percent) and household equipment (-2.2 percent). Prices

    23%

  6. CPI falls by another 2.2 pct in July as VAT rises yet to be recorded
    Photo by MacroPolis

    EconomyMacroeconomy

    The rate of drop in the Greek consumer price index (CPI) remained at 2.2 percent for the second straight month in July, according to the Hellenic Statistical Authority (ELSTAT). As a result, the CPI.... The breakdown of the 2.2 percent YoY CPI fall showed the highest change was posted by housing (-7.4 percent

    23%

  7. Industrial production rises at slightly faster pace of 2.2 pct in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The Greek Industrial Production Index (IPI) increased by 2.2 percent in December after a downward revised growth of 2 percent in November, Hellenic Statistical Authority (ELSTAT) data showed... IPI rebounded 2.2 percent from the previous month, after contracting by 1 percent in November

    23%

  8. Retail sales rise by 2.2 pct in December, average growth of 1.7 pct in 2017
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales rose by 2.2 percent year-on-year in December after November’s upwardly revised decline of 1.4 percent, according to data published by the Hellenic Statistical Authority (ELSTAT.... December’s growth of 2.2 percent compared to December 2016 indicates a slight underperformance

    23%

  9. Piraeus enters agreement for sale of 2.2 bln loan portfolio
    Image via www.piraeusbankgroup.com

    EconomyBanking

    card debt to the value of 2.2 billion euros, or 385 million in on-balance sheet gross book value... than the previous target by 2.2 billion. The targeted reduction in NPLs is stated as 47 percent

    23%

  10. OECD sees 2.2 pct growth in 2019, stressing importance of reform adherence

    EconomyMacroeconomy

    growing by 2.2 percent in 2019 from a previous forecast of 2.1 percent for 2018. The Greek Finance... 3.5 percent of GDP until 2022 and 2.2 percent of GDP on average afterwards. Looking ahead, GDP growth

    23%