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  1. Lenders set out post-MoU framework with aim of securing reforms
    Photo via Flickr https://flic.kr/p/7sxCd6

    EconomyProgramme

    of around 1 billion euros to be released in June, although there is a possibility that two sub... procurement in total hospital expenditure will have to reach 30 percent by 2020 and 40 percent

    11%

  2. Travel balance down by 29 pct in April as receipts slump
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Receipts came to 489.9 million euros for the month, edging up by 1 percent to 489.9 million. Travel... by 3.2 percent to 13,900. In total, arrivals from the EU 28 countries rose by 17.9 percent year

    11%

  3. IMF concludes Article IV consultation, prepares to publish DSA in July

    EconomyProgramme

    some elements of convergence in the long-term projections of Greece's growth to the 1 percent real... of GDP total financing needs. In the European baseline scenario of nominal growth of 3 percent

    11%

  4. Piraeus enters agreement for sale of 2.2 bln loan portfolio
    Image via www.piraeusbankgroup.com

    EconomyBanking

    . The consideration of the transaction equals 5 percent of the 1 billion outstanding principal amount... billion compared to December 2017. The total volume of NPLs was reduced by 1.1 billion QoQ. During

    11%

  5. Greeks seen working longer, until July 18, to meet annual tax bill

    Society

    very slightly by 0.2 percent in 2017. Workers taxes on average were 1 percent higher than 2010... the total amount from tax measures rising to 5.12 billion from 3.06 billion in 2016. Criticism

    11%

  6. Disposable income grows by 2.1 pct in Q1, gross savings continue to shrink
    Photo by MacroPolis

    EconomyMacroeconomy

    in GDP. The figures showed that employees’ total remuneration grew by 2.9 percent, rising from... 2011, property income has plummeted by 61.2 percent. Household final consumption grew by just under 1

    11%

  7. Growth conditions improving but more work needed over longer term, PBO suggests
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    showed that the total number fell by 8.9 percent to 3.7 million in Q2 2018 compared to Q4 2017...). An increase of 1.8 percent, or 136 debtors, was seen for those owing sums of over 1 million euros

    11%

  8. Budget surplus beats July target on lower investment spending as tax refunds fall short
    Photo by MacroPolis

    EconomyMacroeconomy

    to an underspend of 691 million compared to the target. Total net revenues came to 27.43 billion euros... privatisation revenues of above 1 billion euros. Net budget revenues amounted to 26.09 billion euros, above

    11%

  9. Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
    Photo by MacroPolis

    EconomyBanking

    balances stood at 3.8 billion in late August 2018. A total of 3.1 billion in new loan generation has... to 41.9 billion. On an aggregate basis, deposits rose by 1 billion euros. Capital The CET1 ratio came

    11%

  10. Building permits rise by 9.8 pct in July, up by 8.4 pct in 7-month period

    EconomyMacroeconomy

    so far. The total number of permits came to 1,521, staying above the 1,000-permit mark for a fifth... Q4 2008. For 2017 as a whole, the decline in property prices came to an average drop of 1 percent

    11%