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  1. Drop in arrivals and spending impinge on H1 travel receipts
    Photo by MacroPolis

    EconomyMacroeconomy

    . This was a product of a 4 percent decline in expenditure per trip and a 2 percent fall in arrivals... percent from the United States to 313 million. The number of inbound visitors in June dropped by 2 percent

    11%

  2. Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July

    EconomyMacroeconomy

    billion mainly reflecting strong underspend as primary expenditure came in 2 billion lower than target... figure also increased by 4.1 percent to 22.32 billion, still remaining 2 billion lower than target

    11%

  3. One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    dropped by 2.8 and 2 percent respectively in the first half (H1) reflecting lower personnel.... Overall, the NPL formation in Greece reached 2 million in Q2 from 127 million in the previous quarter

    11%

  4. Mitsotakis uses tax cut pledge as driving force in effort to provide alternative
    Photo via @kmitsotakis

    PoliticsGreek Politics

    surplus target from 3.5 percent of GDP to 2 percent. The conservative chief also set extremely... to deliver 2 percent in GDP extra revenues to help Greece meet the fiscal targets agreed with its

    11%

  5. Current account surplus falls to 1.4 bln in July

    EconomyMacroeconomy

    , largely on the back of a 2 percent decrease in non-residents’ arrivals. At the same time, travel.... Meanwhile, the corresponding liabilities fell by 2 billion reflecting a drop in non-resident’s holding

    11%

  6. Budget primary surplus of 3.8 bln to Aug beats target by wide margin

    EconomyMacroeconomy

    the target by 2.78 billion largely reflecting lower primary expenditure (by 2 billion) and revenue..., remaining 2 billion lower than target. MoF said that compared to last year, expenditure increased by 292

    11%

  7. Newsletter 89 - 23/09/2016

    Newsletters

    underspend of 2 billion, coupled with a revenue overperformance of 646 million. Revenues (before tax... turnover by 6.1 percent. 2 Coalition could face a mauling Nervous Tsipras awaits supreme court

    11%

  8. Unemployment rate falls for second straight month, reaching 23.2 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    fell by almost 6 pp to 42.7 percent. Lower decreases of around 2 pp were recorded in the next two... the unemployment rate to land at 23.3 percent this year and drop further by almost 2 percentage points

    11%

  9. Newsletter 92 - 14/10/2016

    Newsletters

    in August, industrial production in the first eight months of the year increased by 2 percent compared... is attributed to a 1.7 percent-fall in the goods index. 2 Making the extraordinary ordinary What

    11%

  10. Q3 GDP beats consensus, rises by 0.5 pct QoQ and 1.5 pct YoY
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    of the total figure. Investments grew by 2 percent in H1 and are seen increasing by 3.3 and 4 percent... to a strong rebound well in excess of 2 percent. The most optimistic estimate of 2.8 percent is from the IMF

    11%