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Current account surplus jumps to 4.25 bln in July on SMP returns and nosedive in imports
EconomyMacroeconomyexports also fell by 5 percent to 14.84 billion. BoG said that the improvement in the goods’ balance... stable month on month at 5.1 billion in July, while slightly increased from last year’s figure of 5
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OECD sees recession in 2015-16, stresses need for reform implementation
EconomyMacroeconomy) released on November 5. However, the OECD sees the Greek economy recovering at a slower rate of 2.1 percent... percent in 2016 and 5 percent in 2017. In contrast, imports are forecasted on negative grounds in 2016
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Greek economy surprises in Q3, eases by a marginal 0.5 pct
EconomyMacroeconomyon October 5, the base macroeconomic assumptions included those forecasts, which were also reiterated... Commission (EC) revised those figures in its autumn economic forecasts published on November 5 seeing
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Apartment prices fall at an accelerating pace of 6.1 pct in Q3
EconomyMacroeconomyGreek apartment prices fell by 6.1 percent in the third quarter (Q3) of 2015, at an accelerating pace compared to the downward revised 5 percent drop recorded in Q2, Bank of Greece (BoG) data showed... Mechanism (SSM) of the ECB in October pointed to a drop in housing prices by 7.5 percent in 2015, 5
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Greece receives list of milestones for next bailout sub-tranche
EconomyProgrammefor the assessment and approval of banks’ BoD members. 5) Issue of the necessary secondary... is scheduled to be voted on December 5. This means that December will be another busy period
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Greek teachers low paid, but work shorter hours in smaller classes
Societytheir careers, rising to €25,752 at the end of service. In Greece, the report underlined, less than 5... fell by at least 5 percent between 2008 and 2013 in the same period in England, Iceland, Portugal
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Newsletter 62 - 12/02/2016
percent of GDP, Greece needs to take measures in the order of some 4–5 percent of GDP (up to 8.8 billion... euros etc. The income ceiling would be set at 55,000 euros, where a 5 percent discount would apply
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Four in 10 Greek firms thinking about moving abroad, survey shows
Economystability and low taxation and just 5 percent Bulgaria for its favourable tax rates. The main reasons... the country’s future prospects, with 44 percent expecting things will not get better in the next 5 years
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Access to finance remains far bigger problem for Greek SMEs compared to euro area peers
EconomyMacroeconomywas not a significant concern for Greece where the respective rate was kept close to 5 percent remaining by far... it remains the highest in the euro area, above the average which stands below 5. SMEs in Greece also
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Stournaras eyes easing of capital controls, updates on loan quality and NPL reduction targets
EconomyMacroeconomyrestructuring. Only a fraction of NPE reduction is expected to result from loan sales (5 percent...) and collateral for a permanent easing of bank’s balance sheets from doubtful loans 5) Development within
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