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Greek exports down 5.9 pct in August, imports also fall 16.4 pct
EconomyGreece’s exports continued heading south for the second successive month in August, dropping by 5.9 percent, according to the flash estimates of commercial transactions released by Hellenic... transactions on October 24. These figures will include its updated estimates of August imports
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European Commission says 2014 is a turning point for Greece as growth resumes
Economyits GDP headline projections, its estimates on GDP components now show a slower drop in private.... Estimates for gross fixed capital formation were lowered to +4.5 percent this year (from +5.3 percent
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Commission sees political uncertainty hurting recovery, growth reaching 2.5 pct in 2015
Economyimplementation of Economic Adjustment Programme (EAP) commitments, the EC has lowered its GDP growth estimates... front, the EC estimates primary surplus of 1.7 percent of GDP in 2014 with the headline deficit
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Travel receipts up by 1 pct in Dec but balance in deficit of 27.9 mln
EconomyMacroeconomyat the main Greek airports remained strong in January increasing by 30.2 percent. SETE estimates... updated estimates for 2015 tourist arrivals and revenues this week.
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Greek stock market loses 1.8 pct in week of mixed messages, Q1 results
Economyin line with market estimates. OPAP's Q1 results showed net profit reached 58 million up 16.9 percent... increased by 22.2 percent to 93 million with both figures also beating analysts’ estimates
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Pension reform to be one of new government's toughest challenges in next weeks
EconomyProgrammepercent for supplementary pensions. The General Accounting Office (GAO) estimates this will result... will further lower their cost with preliminary estimates calling for a 15 percent average cut in existing
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Unemployment unchanged at 25 pct in July
EconomyMacroeconomyis consistently posted in the Aegean, at 18.4 percent in July. The latest estimates by the institutions... in the unemployment rate in 2015 and 2016. The absolute estimates stand at 25.4 and 25.8 percent
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Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
EconomyBanking. The bank estimates a further reduction in staff costs by up to 6 percent to around 500 million... and assuming the macro consensus estimates are realised, the bank expects a positive bottom-line reflecting
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Unemployment rate slips to 24.2 pct in February
EconomyMacroeconomyin the Aegean Islands at 13.1 percent. The latest European Commission estimates point to a slight drop... Commission estimates the Greek jobless rate to fall to 24 percent in 2016 and further to 22.8 percent
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Unemployment rate stable at 23.5 pct in May after upward revision for April
EconomyMacroeconomy. In specific, OECD estimates are the most optimistic standing at 24 percent for 2016 and at 23.2 percent... year, while IMF estimates stand at 25 and 23.4 percent respectively.
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