Search
-
Eurobank sells NPL package in attempt to reduce bad debt pile
EconomyBankinganother 1 and 2.5 billion are due to be assigned within October and mid-2018 respectively. Piraeus... and liquidations (4.4 billion) and selected sales (2 billion). According to reports, the bank is packaging 3
12% -
Economic sentiment at 98.3 pts in October, consumer confidence drops -0.3 pts
EconomyMacroeconomyat 2 points in October. Construction fell by 7.8 points to -44.7 compared to the previous month. In the year to date, industry confidence has improved by 1 point, services confidence has risen by 17.6
12% -
Greece drops six places in global ease of doing business report
EconomyFeaturesheld by New Zealand (1), Singapore (2) and Denmark (3). Ten indicators were tested as part
12% -
Newsletter 138
confidence was also reported as having improved to a three-and-a-half year high. 2 Retail sales drop by 0.3... improved by 1 point, services confidence has risen by 17.6 points, retail trade has deteriorated
12% -
Deal seen on energy liberalisation as third review SLA edges closer
EconomyProgrammelignite units, as well as Melitis 1. A permit to construct the Melitis 2 station will also be made
12% -
A year of risk and reward for Greece
Agorain the debt relief package), the targets will be around 2 percent of GDP. Nevertheless, coming out... of this helps address the key issues. For instance, the IMF sees the Greek economy growing by no more than 1
12% -
SYRIZA looks towards bailout finishing line and beyond
PoliticsGreek Politicslast year following the conclusion of the second review. Each measure is worth 1 percent of GDP... measures worth 2 percent of GDP, or around 3.5 billion euros. This is one of the reasons
12% -
Athens prepares for bond issue, eurozone works on growth/debt mechanism
EconomyProgramme. Provisions reportedly include a ceiling of 1 percent of GDP on annual interest payments and a 2
12% -
Industrial production grows by 0.2 pct in Dec and 4.1 pct for full year
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) increased by 0.2 percent in December after November’s figure was revised upward to 2 percent, Hellenic Statistical Authority (ELSTAT) data revealed... confidence improved by 1 point month-on-month to 1.2, staying positive for a second month
12% -
Next key programme developments due in April as Athens shapes growth strategy
EconomyProgrammein to achieve average growth of more than 2 percent. Private consumption’s share of the economy is seen... the implementation of 1 percent of GDP in pension cuts in 2019, even though it will then be out
12%