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  1. National Bank posts net loss of 1.1 bln in Q4
    Photo by MacroPolis

    EconomyBanking

    contracted by 3 percent QoQ to 64.9 billion. The 2.2 billion QoQ drop in Q4 in entirely due to its Greek...) ratio fell by 2.2 pps QoQ to 13.6 percent in Q4 from 15.8 percent in Q3, primarily reflecting

    5%

  2. Commission slashes 2015 Greek growth forecast to 0.5 pct, sees debt rising
    Photo by MacroPolis

    Economy

    to 2.4 percent from 2.2 percent before. The Commission notes that the drop in oil prices... balance is now expected to post a deficit of 2.1 percent in 2015 and 2.2 percent in 2016 versus a surplus

    5%

  3. Rare rebound for retail trade with 2.5 pct rise in May
    Photo by MacroPolis

    EconomyMacroeconomy

    by automotive fuel (+2.3 percent), department stores (+2.2 percent) and retail sale not in stores (+1.6..., also displayed positive trends. In particular, retail trade rose by 2.2 percent year on year (YoY

    4%

  4. The pension and revenue interventions Greece has to make to meet its 2016 fiscal target
    Photo via Greek Finance Ministry

    EconomyProgramme

    to plug a gap of 600 million euros on the pension front and collect revenues of 2.2 billion from... stable. On the revenue front, the 2016 budget includes measures of 2.2 billion euros in 2016 to meet

    4%

  5. Greek tourism's long-term growth prospects are good, report shows

    EconomyMacroeconomy

    to grow by 2.2 percent in 2016, with estimated international tourist arrivals at around 25 million. WTTC... visitor spending compared to 38.4 percent for domestic spending. The former is estimated to grow 2.2

    4%

  6. Travel receipts drop 6.7 pct in Feb, balance turns to deficit of 3.8 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    France rose by a modest 2.2 percent and arrivals from Germany were kept almost stable (+0.1 percent... in receipts from the US (-2.2 percent) and Germany (-1.5 percent), while those from Russia rebounded by 3.1

    4%

  7. Asking Greece to stack more austerity measures ignores past failings
    Photo by Harry van Versendaal

    Agora

    billion euros. (Table 2.2). Greece’s programme started going off track early in 2011 when it became... (Table 2.2, in Greek). This meant that in three years, Greece implemented close to 40 billion euros

    4%

  8. Complex privatisation fund faces tall order to reduce Greek debt

    Economy

    and the market value of its holdings currently stands at 2.2 billion. HRADF was also established in July... euros, of which 2.2 billion relate to HFSF holdings in Greek banks, 940 million to HRADF holdings

    4%

  9. During crisis, proportion of Greeks in extreme poverty has risen almost seven times to 15 pct
    Photo by MacroPolis

    Society

    The percentage of Greek citizens living in extreme poverty increased from 2.2 to 15 percent, an almost sevenfold increase, between 2009 and 2015, a new study that digs deeper into poverty statistics... living in Athens and paying rent or a mortgage. While no more than 2.2 percent of the population lived

    4%

  10. CPI falls at slightly higher pace of 1 pct in September

    EconomyMacroeconomy

    ). In contrast, the biggest rises in September prices were recorded in clothing and footwear (+2.2 percent... (+5 percent) and solid fuels (+2.2 percent). Compared to the previous month, CPI in September

    4%