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  1. Newsletter 154 -9/03/2018

    Newsletters

    terms while public consumption fell by 1.1 percent across the year. The MoF anticipated a strong... revised growth to 1.6 percent from 1.8 percent in its final budget released in November 2017... November’s figure was revised upward to 21 percent, Hellenic Statistical Authority’s (ELSTAT) data

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  2. Newsletter 191 -25/01/2018

    Newsletters

    . Greece’s last bond issue came in February 2018. Report reveals fall in pensions spending November... at 97.84 euros, very slightly down from last year’s figure of 97.89 euros. Around 1.1 million main.... On a different fiscal front, Greece’s travel balance grew by 73.5 percent in November following a rise of 21.4

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  3. Budget primary surplus confirmed at 6.95 bln in Nov
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , compared to a surplus of 4.75 billion noted in November 2018, the final Finance Ministry (MoF) budget... the aggregate target by 380 million euros. The monthly primary balance for November came... million (-1.1 percent). Tax refunds came to 4.27 billion euros in the aggregate period, below

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  4. Newsletter 281 -22/01/2021

    Newsletters

    of 1.26 bln in Nov Travel balance falls by 62.9 pct in November Greece’s current account (C/A) balance posted a deficit of 1.26 billion in November compared to 767.4 million in October, Bank of Greece... to the BoG, November’s performance is due to an improvement in both the balance of goods and the primary

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  5. Credit expands by 1.3 pct in Dec as loan balances drop by more than 31 bln in 2021
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    a rise of 1.1 percent in November, and 0.9 percent in October, Bank of Greece (BoG) figures..., after a rise of 470 million euros in November and negative flow of 42 million euros in October. The outstanding balance decreased to 109.63 billion euros, from 119.45 billion euros in November, taking

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  6. Newsletter 38 - 07/08/2015

    Newsletters

    of new cards issued, which reportedly exceeded 1.1 million in July compared to an average of 100,000... reportedly issued 1.1 million new cards in July, more than ten times what they normally would. increase... other EU countries. This means that the issue of more than 1.1 new debit cards in July corresponds

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  7. Sharp increase for Greek bank provisions in Q2 due to capital shortfall highlighted by ECB

    EconomyBanking

    on the back of lower deposit cost, leading core PPI (excluding one-off items) up 1.1 percent QoQ... million in Q3. Gross loans slipped by 1.1 percent QoQ to 68.9 billion n Q3, while deposits contracted.... The NPL ratio rose at an accelerating pace of 1.1 percentage points to 40.5 percent in Q3 from 39.4

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  8. Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The provisional estimates also showed that GDP fell by 1.1 percent year on year (YoY) in Q4 after strong growth... to the corresponding period last year, private consumption rose 1.1 percent in Q4 after a much stronger... percent QoQ and 2 percent YoY leading final consumption expenditure down 1.1 percent QoQ and up 0.6

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  9. CPI falls by 0.2 pct in Jan, first negative figure since Nov 2016
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    on Thursday. The latest headline figure is the first negative reading since November 2016. The index... average HICP for 2017 was positive by 1.1 percent. The main driving force behind the year-on-year... percent) and hotels, cafes and restaurants (+1.1 percent). Month-on-month, the CPI fell by 1.6

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  10. Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
    Image via www.eurobank.gr

    EconomyBanking

    pressure on spreads. Balance Sheet Eurosystem funding declined by 1.1 billion euros QoQ to 10 billion... and generated 500 million euros. In November, the bank also completed the sale of an unsecured consumer... by 1.1 billion to 47.2 billion in Q4, driven mostly by movement in the Greek market, notably, lower

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