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Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
EconomyMacroeconomyeffect. The Q4 figure is the second successive positive reading. Following the Q4 performance... to a timely conclusion of the second programme review.
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Greece forced to revisit prickly subject of pension spending to conclude review
EconomyProgrammelines for the government until recently. The second measure proposed by the IMF relates to a review... whether its second proposal will be discussed at this time or may be delayed for the future
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Newsletter 108 - 24/02/2017
government on Tuesday aimed at concluding the second review. But the complexity and political... bill on the out-of-court workout, which is one of the key deliverables in the context of the second
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BoG sees chance of normality returning if review concludes swiftly
EconomyMacroeconomyIn its annual report published on Friday, the Bank of Greece (BoG) called for a return to normality through the successful conclusion of the second programme review. It also urging.... BoG reiterated that the key preconditions for growth include a swift conclusion of the second
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Stocks edge up 0.9 pct, trading activity remains subdued for third straight week
EconomyThe Greek equity market edged up for the second straight week by 0.9 percent. The initial gains of 2.5 percent in the first two sessions, also in the wake of Monday’s Eurogroup decision, were...) and Terna Energy (-2.1 percent). The turnover picked up to 67 million euros on Tuesday, which was the second
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Institutions back in Athens to resume review, agree new measures
EconomyProgrammetheir tenure is four years. The key privatisation deliverables of the second programme review also include the transfer to HCAP of a second group of state-controlled enterprises and the determination
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Retail sales down by 1.3 pct in Dec for first drop since Aug
EconomyMacroeconomy). The seasonally adjusted (SA) retail sales’ index fell for the second straight month by 1.2... confidence fell for the second successive month by 5.5 points to -73.3 in February, which
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Greece and creditors dive into details of measures and counter-measures
EconomyProgrammeThe second day of negotiations between the Greek government and the institutions’ mission chiefs included a lengthy (4-hour) meeting on the measures and counter-measures that will be legislated now... conclusion of the second programme review. Talks continue Discussions at top level will continue
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Stable deposit rate in Jan, slight uptick in loan rate
EconomyMacroeconomyThe new time deposit rate for Greek households fell by 1 basis point (bp) for the second straight month and landed at 0.69 percent in January, Bank of Greece (BoG) figures showed on Friday... in the average loan rate led the average interest rate spread for Greek banks up for the second
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Round of talks nearing end with limited progress, serious doubts about March 20 goal
EconomyProgramme. On the privatisation front, the key deliverables of the second programme review include the transfer to HCAP of a second group of state-controlled enterprises (SOEs) and the determination of the remaining real estate
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