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  1. Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
    By Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) dependent on a revenue increase and only 20 percent on cost containment. Despite the anticipated

    12%

  2. Unemployment rate edges up to 23.4 pct in August
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , of 19.5 percent was registered in the Aegean islands, which is the only region below 20 percent

    12%

  3. Second review to resume in Athens under severe time pressure
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    (ELSTAT) on October 20. The Greek Fiscal Council recently published its first semi-annual report

    12%

  4. Budget primary surplus to Oct hits 6.5 bln as revenues deliver again
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    are due to be disclosed when the final budget execution bulletin is released after November 20

    12%

  5. Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank reported a positive bottom-line result for the second straight quarter, with net profits rising to 31 million euros in the third quarter (Q3) of 2016 from 20 million in the previous quarter. For the 9-month period, the bank posted net profits of 14 million from losses of 621 million

    12%

  6. Greece’s downstream oil industry adapts to shifting demands
    Photo via http://www.helpe.gr/

    EconomyFeatures

    investments, such as the ambitious commitment to 20 percent renewable energy production by 2020 in line

    12%

  7. Deposits rise to 124.6 bln in Oct on inflows of 1 bln

    EconomyMacroeconomy

    -financial corporations recorded marginal outflows of 20 million. Following the evolution in October

    12%

  8. Report shows Greek tax burden increased in 2015, remaining above OECD average
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    at 7.1 percent of GDP, slightly above the OECD average of 6.8 percent, while they accounted for 20

    12%

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

    EconomyMacroeconomy

    that the NPL ratio is expected to drop by 18 percentage points (pp) from 38 percent in June to 20

    12%

  10. Newsletter 98 - 02/12/2016

    Newsletters

    -financial corporations posted marginal outflows of 20 million. Following the evolution in October

    12%