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  1. Newsletter 59 - 22/01/2016

    Newsletters

    reflects a similar decrease in manufacturing turnover. 2 A year of SYRIZA Greeks paid a heavy price

    9%
  2. Greek stocks down 4.2 pct over week on global and local concerns

    Economy

    percent) and Coca Cola Hellenic (+2 percent). On the flipside, the biggest losses were recorded

    9%
  3. Deadline for liberalisation of household and SME NPLs looms closer

    Economy

    the NPE ratio was estimated to have risen by 2 percentage points close to 44 percent at the end

    9%
  4. Gas provides Greece, Cyprus and Israel chance to bolster ties
    Photo by David Gibson via Flickr https://flic.kr/p/oATenb

    PoliticsForeign Policy

    . This option is by far the most expensive, with costs likely to reach at least four times the 2 billion

    9%
  5. Labour Ministry 2015 data shows increase in employment, marginal drop in average wage

    Economy

    to 1,000 euros, 2 out of 10 between 1,000 and 1,500 euros and almost 17 percent a monthly wage above 1,500

    9%
  6. EC sees resilience in Greek economy, urges additional measures in 2016 and 2017
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    Economy

    that the agreed fiscal policy measures are expected to deliver savings of up to 2 percent of GDP (3.5 billion

    9%
  7. Greece seen improving refugee response but still under pressure to deliver in Feb
    Photo by grendelkhan https://flic.kr/p/awse9

    PoliticsForeign Policy

    , the key issues for a successful control of refugee flows are: 1. The construction of hot spots 2. Re

    9%
  8. General gov't primary cash surplus more than doubles to 4.14 bln in 2015, arrears ease to 5.4 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    indicated it would repay a portion of arrears with part of the last two sub-tranches of 2 and 1 billion

    9%
  9. Industrial production rises by 5.2 pct in Dec, its highest growth rate since 2007

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) rose for the second straight month at an accelerating pace of 5.2 percent in December from an upward revised 2 percent in November, the Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The December headline figure is the highest since

    9%
  10. Q4 GDP contracts 0.6 pct QoQ, recession of 0.7 pct in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    compared to the Q3 drop decrease of 1 percent. In addition, Q4 GDP declined 2 percent YoY, decelerating

    9%