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  1. Budget primary surplus at 3.02 bln in July, above target by 926 mln on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    -month period showed that primary expenditure declined by 2 percent to 23.18 billion euros... exactly matching the target. As a result, total expenditure dropped by 1.8 percent to 27.55 billion

    20%

  2. Alpha Bank remains profitable in Q2, NPEs reduced further
    Photo by MacroPolis

    EconomyBanking

    . Provisions are seen close to 1 billion in 2017. Balance Sheet Eurosystem funding fell by 2 billion... Liquidity Assistance (ELA) funding has been reduced by a total of 3.1 billion since March to 9.1

    20%

  3. Athens outlines 2018 debt management plan for post-bailout era
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , with escalating coupons that started at 2 percent in 2013 and reach 4.3 percent in 2022 and thereafter... of step up charges from the 2012 debt buy-back as well as the capping of total debt servicing to 15

    20%

  4. Birth rate rises by 1.1 pct in 2016 but remains under 100,000
    Photo by Panagiotis Tzamaros/Fosphotos

    Society

    Hellenic Statistical Authority (ELSTAT) has released statistics which present an overview of demographics and societal trends in Greece in 2016. The report shows that in 2016, a total of 92,898 live... for the first time since 1932 (not counting interwar years). The number of deaths decreased by 2

    20%

  5. Labour market reforms did exactly what they were supposed to
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    above Portugal’s and 17 percent higher than the minimum wage in Spain. By 2009, total exports were... under 540,000, up by almost 124,000. Hirings for only 2 to 4 hours weekly have doubled, the biggest

    20%

  6. Newsletter 137 -27/10/2017

    Newsletters

    378,000 of these came from the fund for the self-employed, OAEE. 2 Primary surplus of 4.54 bln... balance of savings of 837.9 million. Total deposits – which also include the general government (gg

    20%

  7. EC upbeat on reforms paying off, as long as they continue
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    EconomyProgramme

    . To date, a total of 4.5 percent of fiscal measures have been legislated while the Greek... the International Monetary Fund’s participation, a post-programme fiscal package amounting to 2 percent of GDP

    20%

  8. Final budget sees strong growth, fiscal overperformance in 2018
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , Athens International Airport, DEPA and DESFA, which total close to 2 billion euros. It is worth noting

    20%

  9. OECD sees growth picking up, warns about society and financial sector

    EconomyMacroeconomy

    in 2019 but is still seen reaching 2 percent. This is attributed to an accelerating growth of imports... year and a total surplus of 0.4 percent of GDP in 2019. According to the OECD, the challenges

    20%

  10. Newsletter 142 -1/12/2017

    Newsletters

    of it preventing an SLA being concluded. 2 Primary surplus at 5.33 bln in October Headline figure beats... increase on September’s figure of 1.88 billion. Total deposits – which also include the general

    20%