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  1. Newsletter 115 - 21/04/2017

    Newsletters

    , suggested that the IMF’s projections mean there is a strong likelihood of the lenders asking for some... more positive interventions, such as the return of growth, a strong tourism season, inclusion... year’s figure of 974 million, but stood 149 million higher than target. Industrial turnover continues

    33%
  2. Car sales still going strong in 2014; up by 33.7 pct in October
    Photo by MacroPolis

    EconomyMacroeconomy

    in October from 7,730 in September and 6,850 in October 2013. Following another strong reading... (+29.6 percent) in line with the total headline figure. All indications point to a strong double-digit... in 2014 is mainly attributed to strong tourism, which led to larger rent-a-car fleets, as well

    33%
  3. Strong resistance within SYRIZA leaves Tsipras with tough juggling act
    Photo by Myrto Papadopoulos (www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    a strong presence on the 11-member political secretariat. Six of the seats went to the members from... is that his government and its agreement with Greece's creditors still have strong public backing... the elections, he may create a strong enough platform to fend of the dissenters within his party. Even

    33%
  4. Budget primary surplus to Sept reaches 5.45 bln on strong revenue performance
    Photo by MacroPolis

    EconomyMacroeconomy

    a strong underspend (by 1.91 billion) coupled with a revenue outperformance of 1.54 billion. The Public... of the personal income tax. As we have previously noted, the strong revenue collection could... the release of final budget execution bulletin due after October 20. Following the strong performance

    33%
  5. Greek stocks end week flat as Friday’s strong rebound erased earlier losses
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    . However, investors’ concerns seemed to be alleviated on Friday, leading to a strong rebound of 4.2... over the last the last four weeks, mostly reflecting the strong rebound in the previous week. Banks... losses stood at 1.3 percent, slightly trimming the strong gains posted in the past four weeks to 11.8

    33%
  6. Manufacturing PMI dips slightly to 53.6 pts in September as sentiment remains strong
    Image via www.viohalco.com

    EconomyMacroeconomy

    growth was also strong, as manufacturers reported that foreign and domestic client demand remained strong. Input cost inflation softened from June’s peak and fell also to a five-month low. However... remained strongly positive as firms reported strong demand. Additionally, Greek manufacturers expressed

    33%
  7. Strong investor demand for 7-year bond, yield settles at record low of 1.9 pct
    Photo by MacroPolis

    Economy

    issue were announced in the region of 2.1 percent and the transaction quickly attracted strong interest... with a guidance of 2 percent. The book continued to attract strong interest and closed just before lunch... with strong demand as more than 290 accounts participated in the book-building process, which led

    33%
  8. PBO affirms strong macro and fiscal trajectory, growth seen at 2.2 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    ’ with a stable outlook. The PBO notes that for the economy to sustain strong growth beyond 2026 and close... highlights the strong performance of 2024 with significant primary surplus and a headline surplus on the back of strong tax revenues due to income tax and VAT from goods and services. Greece’s upgraded

    33%
  9. Time running out for government action out as water crisis deepens
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    there are no other options. It is the hour of decisions.” His remarks set the tone for a week in which regulators... insensitive, falling hardest on families while sparing large industrial and tourism consumers. Flagship

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  10. Amid signs of split over Tempe probe, government plays down EU prosecutor’s remarks
    Photo by MacroPolis

    PoliticsGreek Politics

    The government attempted to put a positive spin on the pointed criticism delivered by European Chief Prosecutor Laura Kovesi during her visit to Athens but Prime Minister Kyriakos Mitsotakis’s administration continues to be dogged by some of the issues ...

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