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  1. Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
    Photo by MacroPolis

    EconomyMacroeconomy

    for the Greek economy. In its monetary policy report released in mid-June, Bank of Greece projects a mild

    1%

  2. Eurobank remains profitable with net profits of 46.2 mln in Q2
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    EconomyBanking

    profound as it retreated by 4 percent in H1. For the whole year, the bank projects operating expenses

    1%

  3. Fitch affirms Greece’s rating at ‘CCC’

    Economy

    ) of the year with the recession seen at 0.5 percent for the whole year. For next year, Fitch projects

    1%

  4. Unemployment rate edges down to 23.4 pct in June, lowest since March 2012
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    EconomyMacroeconomy

    to the most recent estimates, the European Commission projects the unemployment rate to ease to 24.7

    1%

  5. Greece’s embattled commercial steel market industry braced for more challenges
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    EconomyFeatures

    years. Analysts have noted that recent resumptions in major construction concession projects did

    1%

  6. Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln

    EconomyMacroeconomy

    , while the draft budget does not provide any breakdown of the anticipated privatisation projects. Revenue

    1%

  7. IMF sees primary surplus of 0.7 pct of GDP in 2017, debt ratio peaking at 184.7 pct

    Economy

    of 1.75 percent. Going forward, the IMF projects Greece’s primary surplus at 1.6 percent of GDP

    1%

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

    EconomyMacroeconomy

    falling to 23.5 percent in 2016 and further to 22.4 percent in 2017. Moreover, the IMF projects

    1%

  9. OECD expects Greek economy to recover, stresses need for structural reforms and debt relief
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    and political environment. The OECD projects zero GDP growth in 2016, from a mild recession of 0.2 percent

    1%

  10. PMI drops for third straight month to hit one-year low of 48.3 in Nov

    EconomyMacroeconomy

    in new projects, which remains unabated since July 2008. Although the employment balance remained

    1%