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  1. IFRS 9 provisions required by banks in line with expectations

    EconomyBanking

    is 1.1 billion euros net of tax, Eurobank announced with its full-year 2017 results that the impact

    4%

  2. Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
    Image via www.alpha.gr

    EconomyBanking

    , but can be adopted earlier. Alpha Bank noted an IFRS 9 impact of 1.1 billion euros after tax, or 230

    4%

  3. Greece's immediate focus on prior actions and growth plan
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    Gateway Thessaloniki paid a lump sum of 231.92 million euros but the overall deal is worth 1.1 billion

    4%

  4. Unemployment rate at 20.6 pct in Jan, inactive population rises
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    35-44 (-1.1 pp). Broken down on a regional basis, Epirus and West Macedonia continue to have

    4%

  5. Tourist numbers increase by 9.7 pct in 2017, cruise visitors decline
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    fell by 1.1 percent to 589,000. Cruises Cruise passenger traffic declined across the year

    4%

  6. IMF revises growth forecasts downwards, emphasising gap with other lenders
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    significantly to 0.7 percent this year from 1.1 in 2017, reaching the same figure again in 2019. The current

    4%

  7. EC forecast acknowledges pressure on Greek households, revises down growth
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    led by corporate investments contributing 1.1 percentage points (pps) to the overall growth rate

    4%

  8. Tourism accounts for 27.3 pct of Greek GDP in total, study shows

    EconomyFeatures

    percent. The average expenditure per night also increased by 1.1 percent to 67.7 euros.

    4%

  9. Greek families shell out for education as state system falls short
    Photo by Angelos Christofilopoulos/Fosphotos

    Society

    financial transfers by 33 percent. But spending on cram schools fell by only 1.1 percent, and private

    4%

  10. Industrial turnover up by 3.4 pct in March, positive for third month

    EconomyMacroeconomy

    equipment (-13.5 percent). The manufacturing PMI for March dipped by 1.1 points to 55, the tenth consecutive

    4%