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Lenders set to keep coalition waiting for answer on pension cuts
PoliticsGreek PoliticsThe Greek government is likely to have to wait until the December 3 Eurogroup until it finds out... lenders. A senior eurozone official told journalists in Brussels on Monday that the December meeting... technocrats are reportedly due to meet on November 22 to prepare for the December 3 Eurogroup
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Athens aims for November agreement with lenders on pension cuts
EconomyProgrammeeurozone reform measures for the European Council to discuss in December. A senior eurozone... will be on preparing for the December 13 and 14 summit of EU leaders. The Greek government is thought... taken by eurozone finance ministers at the Eurogroup due to take place on December 3
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Alpha Bank and Eurobank start new year with further bad loan sales
EconomyBankingended December with an announcement that it had sealed a deal to sell 1 billion euros of its non... by the bank, from December 2018 to December 2019, NPEs are expected to fall by around 5 billion
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Industrial turnover rises by 7 pct in November
EconomyMacroeconomyequipment (-5.8 percent). The PMI for December showed that the index came to 53.8 points in December.... In addition, the December industry confidence indicator published by the European Commission showed
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Newsletter 194 -15/02/2018
compared to December’s figure. Greece’s Consumer Price Index (CPI) rose by 0.4 percent in January compared to a rise of 0.6 percent in December, Hellenic Statistical Authority (ELSTAT) data showed... percent compared to December’s figure. The core index edged up by 0.3 percent, while the goods
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CPI rises by 0.4 pct in January
EconomyMacroeconomypercent in December, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. January’s figure... to December’s figure. The core index edged up by 0.3 percent in January after rising by 0.6 percent in December. At the same time, the goods’ and services’ indices rose by 0.2 and 0.8 percent
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Travel balance falls by 45.6 pct in Dec but rises by 9.6 pct in 2018 as visitors top 30 mln
EconomyMacroeconomyGreece’s travel balance fell by 45.6 percent in December following a rise of 73.5 percent... increased by 4.4 percent YoY and stood at 114.6 million euros in December. For euro-denominated..., arrivals from the EU 28 countries showed a rise of 6.1 percent in December and came to around
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Industrial production up by 3.4 pct in Jan for third straight rise
EconomyMacroeconomyan upward revised figure of 1.3 percent in December, Hellenic Statistical Authority (ELSTAT) data...-on-month (MoM), the index showed a drop of 3 percent from a revised drop of 1.4 percent in December... to 99.09 from 97.66 in December. According to the latest economic sentiment survey released by the European
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Eurosystem funding falls by 1.24 bln in Jan, banknotes in circulation fall below Nov 14 figure
EconomyMacroeconomy, the total for central bank funding comes to 9.83 billion versus December 2018’s figure of 11.07 billion... fell by 582 million euros, after having risen in December, and came to 9.54 billion euros. Also... which banknotes in circulation had risen month-on-month. The total for December stood at 27.62 billion
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Unemployment rate edged up again in Jan, reaching 18.5 pct
EconomyMacroeconomyan upward revised rate of 18.4 percent in December, Hellenic Statistical Authority’s (ELSTAT) data.... Unemployment has now remained below 19 percent for six consecutive months. After December’s upward revision... to December’s figure of 4.71 million. The inactive population stood at 3.25 million, falling by 9 persons
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