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Parliament's budget office sees obstacles to recovery, warns on private debt
EconomyMacroeconomyIn its quarterly report published on Monday, the Parliamentary Budget Office (PBO) notes that the macroeconomic developments in Greece in the third quarter (Q3) sent mixed signals. In particular, the recession is continuing, while a drop in the Q2 unemployment rate is mostly attributed
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Trade deficit falls 12.1 pct in Sept following export growth for first time since Apr 2015
EconomyMacroeconomyGreece’s trade deficit narrowed by 12.1 percent in September after rising by 11.6 percent in August, Hellenic Statistical Authority (ELSTAT) data displayed on Monday. September’s drop is entirely attributed to a 16.6 percent increase in exports against a rise in imports of 4.2 percent. Exports
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CPI drops at a slower pace of 0.5 pct in October
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) fell at a decelerating pace of 0.5 percent in October after a drop of 1 percent in September, according to data published by the Hellenic Statistical Authority (ELSTAT) on Thursday. The headline figure for October, along with that for February, are the lowest
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In 16th successive fall, Eurosystem funding drops by 3.5 bln in Oct
EconomyMacroeconomybillion since June 2015, when the third bailout agreement was agreed. The bulk of this drop was recorded
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Parties reach consensus on broadcasting watchdog after coalition backs off
PoliticsGreek PoliticsCourt president Athanasios Koutroumanos, and to drop its goal of limiting the number of licences
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Stocks rebound 1.5 pct during week, banks climb 4.6 pct
Economyan Extraordinary General Meeting (EGM) of NBG. Hellenic Telecom (OTE) posted a drop of 28.6 percent in third
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Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
EconomyBankinglower by 163 mln QoQ to 36.7 billion, while has recorded a cumulative drop of 1.1 billion over
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Newsletter 96 - 18/11/2016
figures for the eight months up to August still point to a drop of 7.9 percent in building permits
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Industrial turnover rises at accelerating pace of 9.4 pct in Sept
EconomyMacroeconomynotable drop was posted in mining of coal and lignite (-57.6 percent) followed by repair
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Greece worst-performer in EU 28 for social justice
Societyin 2015). This meant that Greece suffered a drop of 0.78 on the mark it gained in 2008, the largest
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