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  1. Newsletter 173 -07/09/2018

    Newsletters

    fixed capital formation remained flat. Compared to the same period last year, gross capital formation... the 1 percent of GDP reduction in pension spending from next year. Both the government... cuts so the fiscal space for compensatory measures will be dependent on this year’s excess primary

    7%

  2. Alpha Bank posts net profits of 53 mln in 2018
    Image via www.alpha.gr

    EconomyBanking

    of 41 million euros in the third quarter (Q3) of the year, attributable entirely to profits originating from continued operations. On an aggregate basis, net profits for the full year came to a profit...) rose by 6.6 percent quarter-on-quarter (QoQ) to 257 million. Year-on-year, core PPI fell by 12.7

    7%

  3. Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July

    EconomyMacroeconomy

    security sector which contracted 8.8 percent, while salaries and pensions remained almost flat year... million posted in the first half of the year, according to the final budget execution bulletin released... billion recorded in the first half of the year. However, compared to the figures posted

    7%

  4. Greek primary surplus at 1.5 bln in Q1, aided by PIB and social underspend

    Economy

    of 2014, three times higher than the 520 million posted in the corresponding period last year, according... in March showed a deficit of 935 million, up from the 566 million recorded last year, the 3-month figure stood at 448 million, 67 percent lower year on year (YoY). The significant YoY narrowing fully

    7%

  5. Office prices slip by 0.7 percent in first half of 2017
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    period last year, Bank of Greece (BoG) data showed on Monday. Growth for the relevant period last year... the previous period, and increased by 0.3 percent year-on-year. As a result, the office rent index inched up... by 0.7 percent year-on-year. BoG said that according to revised data for the year, office rents in Greece

    7%

  6. MTFS outlines ambitious economic and fiscal road for next four years
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    percent in 2022. All estimates are marginally lower than last year’s MTFS when the economic recovery... with the harmonised index starting with 0.6 percent this year to 1.7 percent by 2022. Employment will keep growing, although at a slower pace, which will bring unemployment down from 19.9 percent this year

    7%

  7. Newsletter 312 - 15/10/2021

    Newsletters

    in this year’s World Press Freedom Index, which saw Greece drop five places to 70th out of 180... by Communist Party KKE and MeRA25. Many SYRIZA initiatives to rally the opposition against ND have fallen flat.... The IMF revised upwards its 2021 growth estimate to 6.5 pct, while it trimmed slightly next year’s

    7%

  8. Greek budget primary surplus up to 3.53 bln at end of November despite revenue shortfall

    EconomyMacroeconomy

    ) preliminary budget bulletin. As a result, the year to date figure exceeded its target by 658 million euros compared to an underperformance of 880 million in the first 10 months of the year... revenue shortfall (by 975 million). Compared to last year’s figures, the primary surplus grew by 27.2

    6%

  9. Newsletter 85 - 05/08/2016

    Newsletters

    cushion in the first half of the year. Although not officially announced yet, budget revenues most.... Overall, new overdue taxes reached 6.81 billion in the first half of the year, which corresponds to a rise of 15.7 percent compared to the 5.89 billion reported in the corresponding period last year. Taking

    6%

  10. Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent for 2016, while OECD and Moody’s project GDP to stay flat this year and IMF a marginal growth... percent year on year (YoY) in Q3 from a downward revised drop of 0.5 percent in Q2. Today’s figure... last year, private consumption rebounded by 5.1 percent. This also reflecting a low base effect

    6%