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  1. Newsletter 164 -01/06/2018

    Newsletters

    to fall and would allow New Democracy and other opposition parties to argue that the SYRIZA leader’s... billion euros (10.6 percent of the total). Overall, 839,891 debtors fall into this category, an increase

    3%

  2. Banks meet NPE targets in Q1 but mortgage reductions remain slow

    EconomyMacroeconomy

    behind the overall reduction in NPEs was a fall in corporate loans. Corporate NPEs came to 53.9 billion... remained subdued with a quarterly fall of only 0.3 percent. The overall reduction of NPEs achieved

    3%

  3. Trade deficit drops by 4.6 pct in April as export activity remains strong
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit fell by 4.6 percent in April, slowing from March’s contraction of 23.1 percent but continuing to fall, according to data from the Hellenic Statistical Authority (ELSTAT.... The aggregate figure for the first four months of the year showed a YoY fall of 15.1 percent

    3%

  4. CPI up by 0.6 pct in May, second positive reading the year
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    ) and housing (-0.8 percent). The month-on-month fall of 0.3 percent is attributed mainly to a fall of 11.7

    3%

  5. New overdue taxes rise by 610 mln in May, total stock remains above 100 bln for fourth month

    EconomyMacroeconomy

    billion. Month-on-month, this marks a fall of 363 million euros. The figure was driven by legacy... governments. The total fall in legacy arrears was outstripped by the 554 million increase in effective

    3%

  6. Trade deficit down by 15.8 pct in May on reduced imports, higher exports
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    . The deficit stood at 1.47 billion euros for the month. May's decline marks the fifth consecutive fall... figure for the first five months of the year pointed to a YoY fall of 15.2 percent in the trade

    3%

  7. New overdue taxes rise by 428 mln in June, total stock above 102 bln
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    a fall of 285 million euros. The figure was driven by legacy arrears in corporates (41.07 billion euros... companies and 10.57 billion from state-controlled companies and local governments. The total fall in legacy

    3%

  8. Growth conditions improving but more work needed over longer term, PBO suggests
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    not meet expectations. In particular, unemployment did not fall at the rate expected in Q1, while..., representing a fall of 31.5 percent. Regarding the number of debtors owing debts to the state, the breakdown

    3%

  9. Budget primary surplus confirmed at 2.05 bln in July on lower PIB expenditure
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    largely by a 4.8 percent fall in income tax revenues, which came to 5.78 billion and was off target... under target by 47 million euros. Interest payments continued to fall for a sixth consecutive period

    3%

  10. Greece tops OECD countries for tax rises and spending cuts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    , the tax credits will fall from 1,950 euros to 1,300 euros. For two children, it will fall from 2,000 euros

    3%