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  1. Newsletter 153 -2/03/2018

    Newsletters

    rate recorded. Markit analysts commented that February’s strong performance and the nine-month

    3%
  2. GDP grows by 0.1 pct in Q4, up by 1.4 pct in 2017
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    percent in Q3. Gross capital formation increased by 22.6 percent YoY. The MoF anticipated a strong

    3%
  3. Capture of soldiers adds to complexity of Greek-Turkish relations
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    indicated that they believe the EU will provide strong support. Kotzias stated that the statement

    3%
  4. Car sales up by 33.1 percent in February
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    of rent-a-car fleets, combined with strong tourism figures and the gradual replacement of old cars

    3%
  5. Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
    Image via www.eurobank.gr

    EconomyBanking

    confidence was strong that these targets can be met. In particular, reference was made to the legal tools

    3%
  6. January current account deficit at 585.8 mln as goods balance worsens
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    million in January, despite a strong rise of 16 percent in international arrivals during the month

    3%
  7. Travel balance rises by 3.4 pct in Jan as expenditure out of sync with arrivals growth
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    an increase of 22.4 percent for Athens and 4.2 percent for regional airports. SETE notes that strong

    3%
  8. Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
    Image via www.piraeusbankgroup.com

    EconomyBanking

    Ameoba, has attracted strong interest. The first phase was recently completed, with the second phase

    3%
  9. CPI declines by 0.2 pct in March for year’s second negative reading
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 1.5 percent is attributed mainly to a strong increase of 29.5 percent in clothing and footwear

    3%
  10. Central Athens shop closures at six-year low, mixed picture in other commercial centres
    Photo by Pavlos Svoronos/Fosphotos

    EconomyFeatures

    showed strong signs of revival, possibly due to increased tourism in recent years, as the current

    3%