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H1 bank results show performance stabilising, laying ground for further improvement
EconomyBanking2019. NBG’s net fee income rose by 3 percent to 120 million on an annual basis in H1. Trading
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Unemployment edges down again in June, falling to 17 pct
EconomyMacroeconomyto 9 percent. This was followed by those aged 15-24, where unemployment fell by 3 pps
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Trade deficit rises by 6.3 pct in July
EconomyMacroeconomypercent rise in imports, offsetting a 3 percent rise in exports. In the first seven months of the year
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Industrial production drops by 2.1 pct in July
EconomyMacroeconomy, and the sharpest contraction noted since February 2016, when the decline came to -3 percent. Month-on-month (MoM
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Is Greece facing a new migration crisis?
Societyas arrivals outpaced relocations to mainland Greece by about 3:1. Decongestion of the islands has been mainly
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ND aims to show progress at Eurogroup but QE unattainable for now
EconomyProgrammeto repay around 3 billion euros of the total Greece owes the International Monetary Fund early, saving
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Fiscal issues top agenda as fourth post-MoU review gets underway
EconomyProgrammeas well. He also noted that Athens plans to proceed with the early repayment of around 3 billion euros
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Growing Greece: From narrative to reality
Agora, including a more benign international environment than the current one, a growth rate of 3 percent could
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Newsletter 221 -27/09/2019
the December 4 Eurogroup. side would like to boost up to 3 percent, thanks to their bullish take
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Overall loan interest rate edges up to 4.68 pct in August
EconomyMacroeconomydecreased by 3 bps to 0.54 percent.
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