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  1. ELSTAT revises 2015 primary surplus downward to 0.15 pct of GDP, slightly ups debt

    EconomyMacroeconomy

    The second notification of the annual fiscal data published by the Hellenic Statistical Authority (ELSTAT) on Thursday revealed a lower 2015 primary surplus and higher debt compared to the initial figures published in its first notification on April 21. In particular, the updated ELSTAT figures

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  2. Some progress in first round of talks but most second review issues remain unresolved
    Photo by MacroPolis

    EconomyProgramme

    Following the first round of discussions on the second programme review, which began on October 21 and concluded last Thursday, Finance Ministry sources claimed significant progress was made on most issues. The same sources also identified three areas, namely labour and fiscal issues as well

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  3. General government primary cash surplus substantially widens to 5.3 bln by September, arrears edge down to 6.2 bln

    EconomyMacroeconomy

    , which stood at 11.66 billion accounting for 21 percent of total expenditure. Arrears Arrears

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  4. Average loan rate falls by 26 bps, time deposit rate down by 8 bps to new record low in September

    EconomyMacroeconomy

    loan rate rose by 21 bps to 2.75 percent, while the rate on loans to sole proprietors edged up 3

    11%

  5. Industrial production edges up 0.1 pct in September
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent. In contrast, electricity production, that makes up almost 21 percent of the IPI, fell by 2.8

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  6. Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
    Photo by MacroPolis

    EconomyBanking

    figure in the small business loan (SBL) sector (-69 million), corporate loans (-21 million) and consumer

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  7. Bank of Greece reveals lenders' NPE challenge and sets out path to recovery
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    22 and 21 percent to the decrease in NPEs. In addition, the bulk of the projected cash recoveries (71

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  8. Collapse of DESFA tender adds to Greece’s privatisation challenges
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    21, privatisation revenues of 2.59 billion euros are foreseen for 2017, while the sale of a 66

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  9. Revenues beat target for third successive month in November

    EconomyMacroeconomy

    on November 21 started being discussed in the plenary on Tuesday, while the roll-call vote is due to take

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  10. Industrial production rebounds by 6.8 pct in October

    EconomyMacroeconomy

    of the total index, increased by 7.2 percent. Electricity production that makes up around 21 percent

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