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  1. Budget primary surplus at 1.94 bln in H1, beating target by 1.5 bln on underspend
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    decreased by 1.1 percent to 22.22 billion euros, overperforming the target by 550 million mostly due

    4%

  2. IMF sees eurozone debt relief pledges failing to deliver sustainability
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    1.1 percent of last year’s GDP. The Fund argues this a realistic projection given Greece’s track

    4%

  3. Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter
    Photo by MacroPolis

    EconomyBanking

    successive quarter by 1.1 billion QoQ and landed at 23 billion. As a result, the NPL ratio fell

    4%

  4. Alpha Bank remains profitable in Q2, NPEs reduced further
    Photo by MacroPolis

    EconomyBanking

    in Greece last year. The management expects the full-year cost figure at around 1.1 billion

    4%

  5. Trade deficit up by 5.9 pct in July as export growth slows
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    and the value of ships, imports and exports grew by 6.7 and 1.1 percent, respectively. This pushed the trade

    4%

  6. China's footprint in Southeast Europe: Constructing the "Balkan Silk Road"
    Photo by Angelos Christofilopoulos/Fosphotos

    Agora

    2014 China Development Bank Costa Mare Transport Container Shipping 1.1 Completed Official Lending.../44d4c87c-98dd-4061-bdf6-b292884a5073. For 2015 data see: http://atlas.media.mit.edu/en/profile/country/grc/. [7] Last year 150,000

    4%

  7. Newsletter 134

    Newsletters

    the Medium Term Fiscal Strategy (MTFS), led by 1.1 percent growth in private consumption and a 1

    4%

  8. Travel balance posts surplus of 3.15 bln in H1 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent increase (236 million euros) in travel receipts. Travel payments edged down marginally by 1.1

    4%

  9. IMF still sees fiscal gap in 2018 - no action needed, for now
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    this year and -1.1 percent of GDP in 2018, reaching a remarkable overall surplus of 0.2 percent of GDP

    4%

  10. Revised GDP data shows recession for 2016, higher growth in 2014
    By Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    of -0.9 percent. In nominal terms, the economy in 2014 contracted by -1.1 percent, and by a further

    4%