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ECB report highlights sluggish Greek economic growth
Economyto the worst in the eurozone at -6.8 percent against an EU average of 10.8 percent in 2016. This contrasts to an average savings ratio in the pre-crisis years (1999-2008) of 6.8 percent in Greece... double the eurozone average of 1.76 percent. Exports rose by 6.8 percent year-on-year against an EU
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Eurogroup agrees on significant debt relief measures for Greece
EconomyProgrammethat the final disbursement would be 15 billion euros, of which 3.3 billion euros can be used... It is likely that Greece will use the 3.3 billion euros to reduce its exposure to the IMF, which... significantly for the next couple of years. Another possibility is that the 3.3 billion euros is destined
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Greece's industrial production shows no signs of reversing the negative trend
EconomyMacroeconomy, electricity production surprisingly rose by 6.8 percent and was the key driver of the recorded...), production and distribution of electricity (6.8 percent) and mining of metal ores (4.8 percent).
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Greek trade deficit rises further in April as exports fall by 20.8 pct
EconomyMacroeconomy(ELSTAT). April’s performance led the 4-month trade deficit up 6.8 percent to 7.11 billion. The double... percent compared to the respective headline figure rise of 6.8 percent. The geographical breakdown
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General gov't primary surplus shrinks to 419 mln in January
EconomyMacroeconomysector recording an increase in expenditure by 6.8 percent, which coupled with the 14.1 percent drop... relates to state guarantees to gg (16.6 billion) and non-gg (6.8 billion) entities, which remained stable
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Eurogroup sets conditions for disbursements totalling 10.3 bln to take place
EconomyProgramme) will be utilised for clearance of arrears and the remaining 6.8 billion for debt servicing needs. According.... This means that the 6.8 billion, from total amount of 10.3 billion, that is earmarked for debt servicing
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Newsletter 75 - 27/05/2016
of arrears. The remaining amount of 6.8 billion will cover external obligations. Debt obligations stand... quarter. This means the 6.8 billion could cover debt obligations until the end of November, while
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Greek stocks slip 0.4 pct during week
Economy, while are posting minor gains of 0.9 percent since the beginning of the year. Banks slumped 6.8...-week rally with cumulative gains of almost 30 percent. Overall, bank shares are down by 6.8 percent
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Retail sales fall by 4.3 pct in March for tenth straight decline
EconomyMacroeconomyin March from a revised 6.8 percent in February. The decline in March retail sales largely reflects.... Compared to the previous month, retail sales rebounded 6.8 percent with almost all specialized
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Building activity falls by 4.2 pct in February
EconomyMacroeconomy, the corresponding surface area rose at a faster pace by 6.8 percent, while volume dropped by 6.8 percent
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