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  1. Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
    Photo by MacroPolis

    EconomyBanking

    in revenues by 3 percent. Asset quality Non-performing exposure (NPE) formation turned positive...) contracted by 3 percent QoQ to 440 million, as the positive impact from lower funding cost

    7%

  2. Coalition turns to growth plan for relief from negativity, poor poll numbers
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to exceed 2 percent of GDP this year and to reach around 3 percent or more next year, which is above... partner, Independent Greeks (ANEL) short of the 3 percent threshold for entering Parliament. ANEL

    7%

  3. EC recommends symbolic closure of deficit procedure as Athens mulls bond issue
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    percent in 2009 to a surplus of 0.7 percent in 2016,” it added, noting that this is well below the 3... is not projected to have a deficit greater than 3 percent of GDP for many years to come, meaning the EDP

    7%

  4. Greece announces return to markets with 5-year bond, mostly targeting swap
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    as the total offers reached 3 billion, while the coupon stood at the high end of initial estimates. It is worth noting that the April 2014 issue of 3 billion later increased to 4.03 billion due to bond

    7%

  5. Could reforms have prevented Greece's economic collapse?
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    in Chapter 3 of the IMF’s April 2016 World Economic Outlook (WEO) and from an internal research paper... that reforms generate GDP gains that average 3 percent over an eight-year period after which

    7%

  6. Rating agencies concur in improved prospects for Greece
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    on Greece’s fiscal prospects is enhanced by the measures yielding 3 percent of GDP that, across... is for 2.8 to 3 percent of GDP average. Debt The general view on debt sustainability is improved. The three

    7%

  7. Athens waits to sound out IMF, PM moves on from vote
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that fact that several of his MPs failed to back Article 3 of the gender identity bill, which allows... the bill during the “in principle” vote, only 148 voted for Article 3 in the more detailed ballot. Three

    7%

  8. Retail sales drop by 0.3 pct in August, first negative reading for the year
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    equipment (+3 percent). The biggest annual decline was seen in automotive fuel​,​ which fell by 3

    7%

  9. Greece drops six places in global ease of doing business report
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyFeatures

    held by New Zealand (1), Singapore (2) and Denmark (3). Ten indicators were tested as part... scored 3 on a scale of 0-12. In terms of resolving insolvency, Greece trailed behind other countries

    7%

  10. Newsletter 138

    Newsletters

    to 5.34 billion in the first nine months of 2017, up marginally (​by ​3 million euros) compared... fuel​,​ which fell by 3 percent. The seasonally adjusted (SA) retail sales index declined by 2.3

    7%