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  1. EC sees growth at 1.8 pct for 2019, rising to 2.3 pct in 2020 and fiscal targets in reach
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    EconomyMacroeconomy

    of 2019, down by 0.1 percent, however strong economic and consumer confidence are expected to push.... The overall balance will reach 1.3 percent of GDP this year, slow down to 1 percent of GDP in 2020

    4%

  2. Employment balance turns negative by 125,668 in October
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    EconomyMacroeconomy

    with a negative balance of 41,957, and those aged 15-24 with a negative balance of 20,636. Broken down... in the Greek job market as the school year starts and the tourism season winds down, as demonstrated

    4%

  3. Eurobank first to tackle NPL reduction via APS
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    EconomyBanking

    securitisation is expected to reduce NPE in the second half of the year down to around 6.4 billion euros... billion euros, down to 3 or 4 billion by the end of 2021. Securitisation will play a primary role

    4%

  4. Amid hiring controversy, ND focusses on new round of tax cuts in latest bill
    Photo by MacroPolis

    PoliticsGreek Politics

    , but in the one submitted to Parliament, this was chopped down to 6,400 euros, marking a significant step back... his credentials were widely questioned. The controversy hardly tied down, though, as the pensioner

    4%

  5. PPC posts net loss of 353.2 mln in 9M as energy mix charges hit
    Photo via https://flic.kr/ps/Us79n

    EconomyCorporates

    15 percent to 10 percent as of April, and down to 5 percent as of September. Specifically, PPC’s... 82.3 percent last year. EBITDA came to 96.9 million from 359.2 million, down by 73 percent YoY

    4%

  6. Mistaking tolerance for a free rein
    Photo by MacroPolis

    Agora

    . This is also evident in the issues that Greeks believe are dragging the country down. The top four... on the course, Diamataris put the discrepancy down to a mistake in the wording of what was written

    4%

  7. Overall loan interest drops to 4.32 pct in October
    Photo by MacroPolis

    EconomyMacroeconomy

    The overall weighted average interest rate on all new loans to households and non-financial corporations came to 4.32 percent in October, down by 27 basis points (bps) from the rate of 4.59 noted... the previous month. The spread between existing loan and deposit rates edged down to 3.80 percentage

    4%

  8. Mitsotakis pledges more tax cuts in 2020 amid police violence claims
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to bring down the property tax, it should be noted that the government is also committed to adjusting... and to double down on the message that it has been consistently trying to get out to voters since

    4%

  9. Unemployment drops to 16.4 pct in Q3
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    ). The unemployment rate for males came to 13 percent, down by 7 pps since Q2 while the rate for females stood at 20.5 percent, down by 0.4 pps. The breakdown by age revealed that the jobless rate fell in all

    4%

  10. November travel receipts drop by 42.9 pct on lower French receipts
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    . Receipts came to 313.8 million euros, edging down by 0.8 percent year-on-year (YoY). Travel payments... down by 0.1 percent to 2.94 billion. Revenues from French visitors were up by 14.7 percent to 1.09

    4%