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  1. Economic sentiment rises to 103.6 in Apr, consumer confidence rises by 4 pts
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    of consistently remaining above it. The latest headline figure is the second highest reading for the year... increased by 4 points to -48.8 in April compared to -52.8 in March. Year-on-year, consumer confidence has...-on-month to -1.2, staying negative for a second month. In the year so far, industry confidence has

    1%

  2. Retail sales drop by 0.4 pct in Feb, volume down by 0.1 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales declined by 0.4 percent year-on-year in February after January’s increase... remained unchanged year-on-year. Among the specialised store category, the three biggest falls were noted... to -52.8 in March. Year-on-year, consumer confidence has improved by 23.4 points. Retail trade picked up

    1%

  3. Speculation about timing of next general elections intensifies
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    -year term expires. The date of the next regional and municipal vote has not yet been set... elections in late May 2019 in order to avoid sending Greeks to the polls three times in the same year. “National elections take place on a given date as they have to be held at the end of the four-year term

    1%

  4. Fiscal issues appear settled as Greece and institutions head for review deal
    Photo by MacroPolis

    EconomyProgramme

    , which means that the 1 percent of GDP in pension cuts will kick in from the beginning of next year... to generate an extra 1 percent of GDP in revenues, should be implemented next year. The Greek... to allow Greece to adopt the compensatory fiscal measures that were agreed last year, including

    1%

  5. High expectations and landmarks on road to privatisations in 2018
    Image via www.thehellinikon.com

    EconomyProgramme

    of 2 billion euros this year and another 1 billion next year. Reaching this year’s goal will require... last year, which stood at 1.4 billion. This comes on top of modest revenues of 300 million and 500... of Audit will aim to achieve the financial closing by the end of the year. The concession

    1%

  6. Economic sentiment up to 104.2 in May, construction confidence grows by 15.7 pts
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    represents the second highest reading for the year so far after February’s figure of 104.3. Compared... decreased by 2.2 points to -51 in May compared to -48.8 in April. Year-on-year, consumer confidence has...-on-month to -1.5, staying negative for a third month. In the year so far, industry confidence has

    1%

  7. NBG makes profit of 20 mln in Q1, NPE stock falls again
    Image via www.nbg.gr

    EconomyBanking

    quarter last year stood at a loss of 9 million euros. Factoring in discontinued operations, profits... year. Core pre-provision income (PPI) fell by 15 percent quarter-on-quarter (QoQ) to 120 million. Compared to the same quarter last year, PPI fell by 39 percent. Asset quality Domestic non-performing

    1%

  8. Building permits fall by 2.3 pct in March, absolute permits rise above 1,000
    Photo by MacroPolis

    EconomyMacroeconomy

    headline figure is the first negative reading for the year so far. Permits came to 1,346, going back over...), falling by 7 percent compared to the same time last year. The smallest number of absolute permits... economic crisis and lack of investment. During last year, the absolute number of permits came

    1%

  9. April current account deficit at 1.34 bln as goods deficit grows
    Image via www.moh.gr

    EconomyMacroeconomy

    . The respective figure for the same time last year showed a deficit of 505.7 million, meaning that year-on-year... year. On an aggregate basis, the C/A deficit worsened by 890.9 million euros to stand at 4.18... in the first four months of the year. The worsening of the deficit was driven by a deterioration

    1%

  10. Retail index jumps 5.3 pct in May led by fuel and supermarket sale
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    index has remained positive for four out of the first five months of the year with February the only... month this year that volume fell into negative territory. Compared to May last year, the main rises... the start of the year. Consumer confidence also registered an improvement of 2.5 points to -49.9 points

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