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Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
EconomyMacroeconomyfor the first time since Q4 2015 after edging down by 0.1 percent in Q2. Compared to the corresponding period... percent in 2016, while they foresee public consumption down by 1.5 and 0.7 percent respectively..., total exports edged down 1.6 percent in the 9-month period, entirely due to a sharp drop in services
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Travel receipts up by 14.2 pct in Oct but 10-month figure drops 4.2 pct
EconomyMacroeconomyto 2.17 million, while the average expenditure per trip edged down 1.7 percent to 443 euros... the 10-month travel balance down by 5.5 percent to 11.32 billion. Lower travel revenues fully reflect... down 1.2 percent to 9.09 billion euros in the 10-month period, while those from non-EU countries
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Why can't Greece be more like Cyprus?
Agora”, especially in the public sector, and for banks to “use legislation fully” to bring down the level... that Greece is a basket case. Perhaps, though, going down this path tells us more about the past... percent of GDP. Unemployment in Cyprus is seen edging down to 13.4 percent this year, while the jobless
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Stocks fall for second straight week amid soft volumes
EconomyThe Greek stock market showed no signs of rebounding this week as it edged down 1.9 percent amid... sessions. The Athens Stock Exchange general index stood at 639.16 on Friday, down by 0.7 percent so far... and thus erased the gains recorded the previous week. Overall, the banking index is now down 4.2 percent
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Newsletter 104 - 27/01/2017
. This was the 18th successive decline, leading Eurosystem funding down by 60 billion since July 2015... to 167.6 million, dragging the travel surplus down 48.6 percent to 51.8 million. Following..., the corresponding payments edged up 0.7 percent to 1.87 billion, bringing the travel surplus down
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Newsletter 109 - 03/03/2017
Departmentstores, food, beverages and tobacco, pharmaceutical products and cosmetics were all down... month by 1.2 percent month-on-month in December, after edging down by 0.4 percent in November... of 40.8 billion that have led the loan stock down by almost a quarter. The biggest fall over this six
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Newsletter 110 - 10/03/2017
down 169 million from the previous month to 326.19 billion. The drop largely reflects a decline... for the fourth successive year, albeit only marginally by 0.2 percent, significantly slowing down compared... adjusted unemployment edged down to 23.6 percent in December, after a spike to 23.8 percent in November
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Budget primary surplus of 2.1 bln in 2-month on large underspend in Feb
EconomyMacroeconomy-beating revenues this month. Overall, gross revenues edged down 0.5 percent in the 2-month period... year. The 2-month figure amounted to 1.7 billion, down 1 percent from last year and 30 million higher than target. Overall, the contained primary expenditure led total expenditure down 4.8 percent
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Budget primary surplus outperforms in 2-month, tax revenues underperform in Feb
EconomyMacroeconomyThe budget primary surplus was confirmed at 2.14 billion euros in the 2-month period of 2017, down... outperformance was almost double at 347 million. In the 2-month period, gross revenues edged down 0.4... burden each year. The 2-month figure stood at 1.7 billion, down 1 percent from last year, while
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Eurobank posts net profits of 38 mln in Q4 and 230 mln in 2016
EconomyBanking. As a result, the group’s NPE stock edged down to 22.9 billion in Q4 from 23.1 billion in Q3, while... reduction by the end of 2019. P&L Net interest income (NII) edged down 0.1 percent QoQ to 388.7 million... containment led operating expenses down 2.1 percent QoQ to 242 million, while the full year figure
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