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Athens grapples with awkward reduction of tax-free threshold
EconomyProgrammefrom 24 to 13 percent and in energy from 13 to 6 percent.
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Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
EconomyMacroeconomythe 13.8 percent growth rate posted in Q3. In particular, imports of goods increased by 6 percent
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Fraport reveals airport plans as major privatisation overcomes obstacles
Economythe Development Ministry’s Public Financial Services and General Commercial Registry on March 6
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Deposit outflows continue in Feb but slow to 750 mln
EconomyMacroeconomyrespectively for the second straight month, while time deposits recorded marginal inflows of just 6 million
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NBG records net profits of 73 mln in Q4, turns profitable for whole year
EconomyBankingNational Bank of Greece (NBG) remained profitable in the fourth quarter (Q4) of 2016, with net profits of 73 million euros from 6 million in the previous quarter. The lender’s Q4 results include a one-off gain of 150 million euros related to the sale of Astir Vouliagmenis. For the whole year, NBG
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Retail sales rebound 1.4 pct in Jan after brief fall in Dec
EconomyMacroeconomysales not in store (+6 percent) and books, stationery and other goods (+3.5 percent). Slower
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Piraeus Bank posts minor losses in Q4, almost breaking even for 2016
EconomyBankingits interbank funding through EFSF bond repos increased by 800 million QoQ to 6 billion at the end
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Eurosystem funding falls by 2.2 bln in March, ELA drops after brief rise in Feb
EconomyMacroeconomyon April 6. At the same time, Greek banks’ reliance on ECB funding fell by another 1.43 billion
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Stocks record losses of 1.8 pct during week, amid light trading volumes
Economy. The Athens Stock Exchange general index landed at 671.57 on Friday, its lowest level since April 6
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Deposit flow turned positive in March, with inflows of 278 million
EconomyMacroeconomythat figure stable on April 6. On Thursday, it decided to reduce the ceiling by 100 million following
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