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  1. Economic sentiment at 98.3 pts in October, consumer confidence drops -0.3 pts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    represents a drop of 2.3 points in the overall index month-on-month. ESI has been improving since May... by 0.9 points to 14.4 points and retail trade picked up from the reading of 0 in September to stand... points, retail trade has deteriorated by 10.9 points while construction has edged up by 0.6 points.

    7%

  2. Slight uptick for economic sentiment and consumer confidence in November
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    , second drop in a row and retail trade picked up from the reading of 2 points in October to 2.3...Greece’s economic sentiment (ESI) edged up by 0.1 points in November to 98.4 from 98.3 in October, yet remained below the 100-point mark it surpassed temporarily in September, European Commission (EC

    7%

  3. Current account deficit at 624.1 mln in October as goods balance worsens
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    in the year to date up to October to stand at 3.41 billion. Excluding oil, the deficit of the balance..., stemming largely from an 10.4 billion-euro drop in residents' holdings of foreign bonds and T... of Greek government bonds and T-Bills. Reserve assets edged up slightly month-on-month to 6.59 billion

    7%

  4. Economic sentiment reaches 101 pts in Dec, highest in more than 3 years
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    months of the year, when it edged up by 2.6 points to 101 from 98.4 in November, European Commission (EC..., the third drop in a row, and retail trade fell again from the reading of 2.3 points in November to -0.4 in December. Construction improved slightly to -58.3, up by 1 point. During 2017, industry

    7%

  5. Property ownership waning in Greece as renting takes over

    Society

    in Greece is currently around 73.9 percent, a drop of 7.7 percentage points from 2006, when the figure... they owned. This was backed up by many of them reporting delayed or late payment of rent as a problem... decade, up to 33 percent in the latest survey from 12.3 percent in 2006. The vast majority

    7%

  6. Athens presents growth plan outline as lenders continue to differ on debt relief
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    that Athens can make in the days leading up to the meeting in Sofia later this month. The scheme sets out... to drop considerably from the current 3.5 percent. The European position so far is that it should... relief is certain to come up in the meeting between Finance Minister Euclid Tsakalotos and his

    7%

  7. Tourism accounts for 27.3 pct of Greek GDP in total, study shows

    EconomyFeatures

    method of travel was by road (8.3 million, up by 8.7 percent) while arrivals by sea reflected a drop... of the balance of the trade deficit, or 14.7 billion out of 18.4 billion euros. Travel receipts made up 74

    7%

  8. March current account deficit at 955.8 mln on improvement in goods balance
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    exports up by 16.1 percent at current and 11.2 percent at constant prices. Oil imports rose by 3... largely from an 1.9 billion-euro drop in residents' holdings of foreign bonds and T-Bills. A net... bonds and T-Bills. Reserve assets edged up slightly month-on-month to 6.63 billion in March from 6.55

    7%

  9. Mitsotakis applies pressure over MoU exit and name talks
    Photo via @kmitsotakis

    PoliticsGreek Politics

    making a “clean exit” from the programme, insisting that Tsipras has signed up to a fourth MoU even..., the lowering of the tax-free threshold due in 2020 and other fiscal measures which add up to 5.2 billion... to 20 percent, bring the ENFIA property levy down by 30 percent and drop the base income tax rate to 9

    7%

  10. Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
    Photo by MacroPolis

    EconomyBanking

    billion euros according to BoG’s quarterly report that monitors progress with stock expected to drop... of bad loans totalling 800 million from small and medium-sized enterprises lined up for sale, which... to be completed by September 2018. Eurobank’s bad loan portfolio takes the form of loans up to 10,000 euros

    7%