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  1. Eurogroup clears 1.1 bln, waits for arrears clearance data to release remaining 1.7 bln

    EconomyProgramme

    The Eurogroup held in Luxembourg on Monday afternoon reached a political decision on the disbursement of 1.1 billion euros to Greece, which is the part of the sub-tranche of 2.8 billion... the way for the disbursement of the 1.1 billion for debt servicing needs. The head of the European

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  2. Industrial production rises by 1.1 pct in March
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) rose by 1.1 percent in March after a revised decline of 1.9 percent in February, Hellenic Statistical Authority (ELSTAT) data revealed on Thursday. March’s...) and the manufacturing production index (-1.1 percent). Three out of the five main industrial

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  3. CPI up by 1.1 pct in Sept for highest rise since Nov 2017
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) rose by 1.1 percent in September after an increase of 1 percent in August Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. After four years.... The harmonised index of consumer prices (HICP) rose by 1.1 percent year-on-year in August. Month-on-month

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  4. Energy drives producer prices down by 1.1 pct YoY Sep as all other components rise

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) remained in contraction in September, with a drop of 1.1 percent year-on-year (YoY), after a decrease of 1.1 percent in August, ELSTAT data showed on Thursday. This was the third decline of the year, following six consecutive positive readings. The index had

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  5. Parties diverge over Gaza conflict in wake of UN vote abstention
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    in Gaza. In total, 121 member states voted in favour to 14 against, with 44 abstentions... and human rights laws, “particularly in regard to the protection of civilians and civilian objects... of Hamas should be “unreserved”, the protection of human values should be equally unrestricted. Speaking

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  6. Reflections on Greece's balance of payments
    Photo via https://flic.kr/p/5Yb76K

    Agora

    : consumption (C), investment (I), exports (X), and imports (M). Thus, when demand is equal to supply: Y = C + I + X - M. X - M describes the exports to abroad of what Greece produces in goods... domestically (including energy such as crude oil and natural gas). The balance X - M is called the “foreign

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  7. Industrial production up 1.1 pct in Jan, first consecutive rise since Aug 2007

    EconomyMacroeconomy

    The Greek Industrial Production Index (IPI) showed an increase of 1.1 percent for the second straight month in January, following a 0.5 percent rise in December, according to the Hellenic Statistical Authority (ELSTAT). It is noted that the IPI had retreated 3.6 percent in 2013 slightly higher than

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  8. National Bank posts net loss of 1.1 bln in Q4
    Photo by MacroPolis

    EconomyBanking

    the negative impact from the 1.1 billion one-offs and to a lesser extent the revaluation of its available

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  9. Turnover in tourism sector edges down 1.1 pct in Q2

    EconomyMacroeconomy

    The Turnover Index in Accommodation and Food Services slipped again in the second quarter (Q2) of 2016, albeit at the notably slower pace of 1.1 percent from a downward revised drop of 11.2 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures displayed on Tuesday. This was the third

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  10. Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    of 1.1 billion in 2016 form surplus of 205.8 million in 2015. This is largely attributed

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