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  1. Moody's upgrades rating to 'B3,' amid confidence about political outlook, economic prospects
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    . Public finances are on a more sustainable path, with primary surpluses in excess of 2 percent of GDP... such as the European Investment Bank (EIB). Moody's keeps the real GDP growth forecasts unchanged at 2

    9%
  2. Newsletter 153 -2/03/2018

    Newsletters

    , this difference stood at 16.3 points. 2 Economic sentiment at 104.3 pts in Feb Headline figure reaches... and fell by 2 points to -53 in February compared to -51 in January. Year-on-year, consumer confidence has

    9%
  3. GDP grows by 0.1 pct in Q4, up by 1.4 pct in 2017
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    rebounding by 0.6 percent in Q3, and increased by 2.5 percent YoY from growth of 2 percent in Q3. The figures showed that nominal GDP grew by 2 percent in 2017 (177.7 billion versus 174.2 billion

    9%
  4. NBG reports net loss of 163 mln in 2017, bad loans continue to fall
    Image via www.nbg.gr

    EconomyBanking

    the sale of unsecured loans. This could be excelled to reach around 2 billion euros, leaving 2.2... and the yield is 2.90 percent. The bond issue attracted over 2 billion euros in bids compared

    9%
  5. Final decision on 2019 fiscal measures still a few weeks away
    Photo by Andrea Bonetti/Fosphotos

    EconomyProgramme

    The first step in the process of deciding whether Greece will have to implement next year fiscal measures worth 1 or 2 percent of GDP is due to be taken on Friday, with the International Monetary..., according to most forecasts, to expand by at least 2 percent. The institutions, though, will want

    9%
  6. New overdue taxes jump by 2.01 bln in Feb, total stock climbs to 101.12 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s new tax debt jumped by over 2 billion euros in February, growing sharply from an increase of 766 million euros in January, data from the Independent Authority of Public Revenues (IAPR... rose by 2 billion.. New unpaid obligations from tax categories rose by 1.91 billion, overturning

    9%
  7. Debt, fiscal path still divide lenders ahead of Washington Group meeting
    Photo by IMF https://flic.kr/p/zBf1FT

    EconomyProgramme

    , the Europeans seem to prefer one just over 2 percent. There is also the matter of defining the post... on these issues. The Fund’s outlook for the Greek economy sees growth in real terms of 2 percent in 2018

    9%
  8. Travel balance slumps to deficit of 6.9 mln in Feb as payments outpace receipts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million. The breakdown of the inbound traveller flows showed that German visitors fell by 2 percent, while... those from the UK fell by 2 percent. Among non-EU countries, receipts from Russian visitors fell

    9%
  9. Newsletter 159 -27/04/2018

    Newsletters

    this year compared to last year, though the average amount payable has declined year-on-year. 2... expenditure came to 9.45 billion euros, very slightly below target by 2 million euros. Net revenues

    9%
  10. Greece’s unstable and confusing tax system failing to deliver results
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of any OECD country, with tax evasion estimated at between 2 to 5 percent of GDP per year according.... The equivalent in the UK is 5 percent, and in Germany just 2 percent. Greece’s problematic tax

    9%