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Lenders still aiming for completion of fourth review in May
EconomyProgrammein July. Debt mechanism One of the main issues that has to be resolved by the time a global deal
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PMI slows to 52.9 pts in April, sector confidence hits all-time high
EconomyMacroeconomyslowed. As with March, improvements in three main sub-sectors drove the growth, mainly stemming from
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Coalition's feud with shipowner shows no sign of de-escalation
PoliticsGreek Politicsis not the political confrontation but that the main opposition identifies itself with the slanderous comments
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OECD report outlines steps to reduce burgeoning poverty rate in Greece
EconomyMacroeconomy-increasing percentage of the main source of income. Responsibilities spread across different
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Bank stress tests find no capital needs, clearing path for MoU exit
EconomyBankinginstruments, the capital depletion for NBG is 9.56 pps and 8.95 pps for Piraeus. The main risk
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Pension cuts due in 2019 fuel political battle, election talk
PoliticsGreek Politicsand that main pensions have hardly been reduced since SYRIZA came to power in 2015. Elections New Democracy
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Tourism accounts for 27.3 pct of Greek GDP in total, study shows
EconomyFeaturesA study by the Greek Tourism Confederation (INSETE) has indicated that tourism was worth over one quarter of Greeceās GDP in 2017. The figures showed that the tourism industry, a main pillar of the Greek economy, generated 27.3 percent of GDP, or 48.4 billion euros against an overall GDP figure
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Industrial production rises by 1.1 pct in March
EconomyMacroeconomy) and the manufacturing production index (-1.1 percent). Three out of the five main industrial
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Newsletter 161 -11/05/2018
to Tier 2 instruments, the capital depletion for NBG is 9.56 pps and 8.95 pps for Piraeus. The main
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Newsletter 162 -18/05/2018
fuels, especially lignite and petroleum, as its main source of power, much of which is imported
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