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  1. Newsletter 34 - 10/07/2015

    Newsletters

    in the same period last year. This translates into a net drop in retail sales by 305 million over... reflecting domestic consumption rather than increased tourism activity. Triggered by a panic to hoard medicines rather than cover their actual needs, citizens also rushed to pharmacies, where child

    34%

  2. IMF examines where programme went wrong, what lessons were learnt
    Photo by Panayotis Tzmaros/Fosphotos

    EconomyProgramme

    projections, largely due to lower growth and deflators, while unemployment was much higher than originally... and the OSI, public debt recorded a relatively modest immediate decrease to 305 billion euros (160 percent... the sustainability assessment around the gross financing needs (GFN) metric rather than a specific debt

    33%

  3. BoG reveals figures for repatriation and banknotes returning to banking system
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    inflow of 430 million, which is lower than the respective figure of 560 million recorded in the two-year... banknotes, the monthly repatriation of funds worth 470 million over the last 17 months was more than... in the July 2015 – November 2016 period stood at 180 million, which is substantially higher than

    33%

  4. Domestic factors seen playing role in PM's pick for European Commission

    PoliticsGreek Politics

    . Legislation landmarks The government is also proceeding with a busy legislative agenda in the final days..., journalists and public contractors. Promoting the bill, the government focussed on the automation

    32%

  5. Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
    Photo by MacroPolis

    EconomyBanking

    for the third successive quarter. Net profits more than doubled to 48.1 million euros in Q1 from 20.1...-on-quarter (QoQ) to 305 million, mostly reflecting a drop in operating expenses following... by more than 100 million to 33.1 billion. The bank noted that Q1 deposits were positively affected

    32%

  6. Stocks rise for first time in three weeks, gaining 1.1 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    . Corporate news Alpha’s Q1 net profits more than doubled quarter on quarter to 48.1 million, while core pre-provision income rebounded by 1.2 percent to 305 million. Marfin Investment Group (MIG) showed... than halved to 13.1 million. Lamda Development reported a rise of 6.3 percent in Q1 net profits

    32%

  7. Budget primary surplus at 4.18 bln in Sept as EU co-financed projects fall short
    Photo by MacroPolis

    EconomyMacroeconomy

    increased by 2 percent to 35.26 billion, lower than the target by 305 million. PIB PIB revenues came... million in the first nine months of the year, 805 million better than the target.

    32%

  8. Primary surplus confirmed at 4.80 bln on lower tax refunds and public investments
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent to 35.26 billion, lower than the target by 305 million. The MoF noted that the movement..., 805 million better than the target.

    32%

  9. Deposit flow in positive territory at 638 mln in May
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million, mitigated by general government outflows of 305 million. Following the positive deposit flow... currently stands at 43.6 billion, 47.4 billion lower than that in mid-August 2015.

    31%

  10. Budget primary surplus at 823 mln in February
    Photo by MacroPolis

    EconomyMacroeconomy

    than the target by 398 million euros or 4.6 percent. The full revenue breakdown will be provided... by 305 million euros. This was largely due to decreases in additional allowances (included in category

    31%