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  1. Newsletter 117 - 05/05/2017

    Newsletters

    on strike action will be increased to 50 percent of union members. The Manufacturing PMI increased by 1.5

    8%

  2. Ankara directs ire at Athens over ruling on soldiers as Cyprus talks drift
    Photo by Andrea Bonetti/Fosphotos

    PoliticsForeign Policy

    on the island for almost 50 years and the mission costs around 60 million dollars per year. According

    8%

  3. Details of technical agreement between Greece and lenders set out in draft sMoU
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    will be amended to increase the quorum for voting on a strike to 50 percent. In addition, the sMoU stresses

    8%

  4. Finance Ministry ups 2017 budget primary surplus estimates on higher revenue projections
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion and in operational and other expenditure, which fell by 50 million to 5.7 billion. Interest

    8%

  5. No certainties for Athens before Eurogroup as lenders try for debt deal
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Greece goes into Monday’s Eurogroup without any certainty that its lenders will arrive at a common position on how to put its public debt on a sustainable path. A eurozone official said last week that there is a 50 percent chance of a deal at the May 22 gathering of finance ministers in Brussels

    8%

  6. Greek SMEs struggle most for finance versus eurozone peers
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in turnover and profits by 13 and 50 percent, respectively, which is the worst dynamics among eurozone

    8%

  7. NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
    Photo by MacroPolis

    EconomyBanking

    billion. They added that the cure rate of restructured NPEs is over 50 percent. P&L Net interest

    8%

  8. Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of December, with the NPE ratio landing at 50 percent. Specifically, 62.4 percent of consumer loans

    8%

  9. Greeks tending to shop less often and opt for local products

    Society

    these visits, 70.7 percent of respondents said they spend up to 50 euros on each visit. 23.1 percent 51-100

    8%

  10. Banks meet overall NPE reduction target in Q1 2017, largely on write-offs
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , the NPE ratio edged up to 50.6 percent in Q1, from 50 percent in the previous quarter

    8%