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  1. Travel receipts rise 16 pct in Nov as surplus soars 84.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    by 5.7 percent in 2015. SETE expects total international arrivals to reach 26 million in 2015, which would mean a rise of 2 million compared to the 2014 figure. Direct tourism revenues are seen

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  2. Deadline for liberalisation of household and SME NPLs looms closer

    Economy

    the NPE ratio was estimated to have risen by 2 percentage points close to 44 percent at the end.... In absolute terms, market sources indicate that from the total NPE figure of 108 billion euros

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  3. Newsletter 61 - 05/02/2016

    Newsletters

    numbers rose slightly, output charges and input costs decreased. 2 Counting the cost of migration... of Congo and Ukraine. The first month of 2016 showed a further increase in total refugee numbers

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  4. Industrial production rises by 5.2 pct in Dec, its highest growth rate since 2007

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) rose for the second straight month at an accelerating pace of 5.2 percent in December from an upward revised 2 percent in November, the Hellenic Statistical... 6.9 percent in 2015, yet it makes up just a fraction of the total index. The latest industry

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  5. BoG outlines steps to economic recovery, updates on banks' asset quality
    Bank of Greece

    EconomyMacroeconomy

    . Overall, banks would be required to substantially reduce their NPL stock within the next two years. 2..., Greek banks’ Common Equity Tier 1 (CET1) and total capital adequacy ratios reached 18 percent

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  6. Newsletter 66 - 11/03/2016

    Newsletters

    since mid-August that the ECB did not reduce the ELA cap, which has been lowered 13 times by a total... and restaurants (+2.6 percent). Housing and transport saw drops of over 4 percent. 2 One for one, none for all... of sending back asylum seekers en masse to Turkey, a country that neither properly recognises them

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  7. Newsletter 67 - 18/03/2016

    Newsletters

    . In addition, the percentage of long-term unemployed as part of the total number of jobless people... to 872,200 in the long-term unemployed figures. 2 'M' is for misstep Chest thumpers strike over

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  8. Greece seeks to finalise 1 pct of GDP in new tax measures to close review

    EconomyMacroeconomy

    : 1) Tax on OPAP lottery games and Video Lottery Terminals (VLTS) and internet betting with total... being withdrawn. 2) Adjustment to the single property tax (ENFIA) rates to counterbalance the drop

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  9. Club Med in Washington
    Photo via Flickr https://flic.kr/p/7BWNey

    Agora

    . Time is now running out in Spain. If the Cortes fails to elect a new prime minister by May 2... are their rising NPLs. Exposure to NPLs on lenders’ balance sheets amounts over a fifth of the total loan

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  10. Newsletter 71 - 22/04/2016

    Newsletters

    . Banks may sell up to 50 percent of their total 37.7 billion EFSF bond holdings to the ECB, replacing... by a 13.5 percent decline in capital goods. Manufacturing turnover saw a drop of 15.4 percent. 2

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