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Newsletter 113 - 31/03/2017
, following a drop by 2.2 points in the previous month, according to figures published
6% -
Wait continues for agreement on measures, tension builds in Athens
PoliticsGreek PoliticsMonetary Fund over pension cuts and labour reforms. The IMF appeared ready to drop some of its
6% -
Piraeus Bank posts minor losses in Q4, almost breaking even for 2016
EconomyBanking. For 2017, management foresees a further drop in operating expenses by around 5 percent, also including
6% -
General govt primary cash surplus falls to 2.6 bln in 2-month, arrears up for second month
EconomyMacroeconomyby 919 million to 11.15 billion, mostly on the back of a drop in social benefits by 470 million to 5.88
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Athens details fiscal counter-measures, a vital selling point for Tsipras
EconomyProgrammedrop to 3 percent (from 5 percent). For the bracket including taxpayers with income between 30,000
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Building activity increases for second straight month after 11.1 pct rise in Jan
EconomyMacroeconomy) of 2016 and by 2.2 percent in 2016. They have posted a cumulative drop of 41.7 percent from
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Limited arrears clearance in first two months of 2017
EconomyMacroeconomyand the second of 1.7 billion on October 26. The sharp drop in arrears clearance so far this year reveals
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IMF downgrades Greek GDP and unemployment forecasts
EconomyMacroeconomy. For 2018, the IMF expects the jobless rate to drop to 21 percent. However, the decline by 0.9 percentage
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Budget primary surplus falls to 1.1 bln in Q1, slightly above target
EconomyMacroeconomya significant drop from last year. Specifically, revenues plummeted 58.2 percent to 650 million
6% -
Fiscal surplus back in focus ahead of IMF debt discussions
PoliticsGreek Politicsto be offered a fiscal path that consists of 3.5 percent of GDP targets for 3-4 years before they drop
6%