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EC sees lower growth in 2017 but no concerns for fiscal targets
EconomyMacroeconomyimprovement in sentiment levels not seen in years, coupled with a very strong tourism season, will boost
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Newsletter 139 -10/11/2017
improvement in sentiment levels not seen in years, coupled with a very strong tourism season
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Industrial turnover falls by 0.8 pct in Sept, down for first time since Oct 2016
EconomyMacroeconomyterritory. Strong increases in the preceding months pushed the 12-month trailing index up by 11.2 percent
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Deposit inflows of 1.04 bln in October for banks
EconomyMacroeconomybasis, flows stayed positive for a third month and came to 2.91 billion euros, a strong increase
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Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
EconomyBankingthat the current NPE formation trends being observed in Q4 were strong too. Due to write-offs the NPE
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November PMI at 52.2 as new business growth hits 45-month high, hirings reach 18-year peak
EconomyMacroeconomyGreece’s Manufacturing PMI marginally increased by 0.1 points in November to 52.2, with the index remaining above the 50-mark threshold for the sixth consecutive month. Markit’s PMI data indicated there is an ongoing improvement in operating conditions in the manufacturing sector, driven by strong
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Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
EconomyBankingmillion QoQ to 28.5 billion, driven largely by businesses and a strong tourist season. The Common
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Newsletter 142 -1/12/2017
-to-date basis, flows stayed positive for a third month and came to 2.91 billion euros, a strong
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After reaching SLA, Athens focuses on prior actions and next bond issue
EconomyProgrammeon this excellent news, which sends a strong signal of confidence to investors in Greece and bodes well
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Car sales rise by 16.1 pct in November
EconomyMacroeconomywith strong tourism figures and the gradual replacement of old cars with new, cheaper-to-run diesel
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