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  1. Newsletter 176 -28/09/2018

    Newsletters

    and 3.3 percent in 2019. Public debt will drop to 177.7 percent in 2019. The current account is seen

    2%

  2. Draft budget contains two scenarios on pensions, charts course within agreed fiscal targets
    Photo by MacroPolis

    EconomyMacroeconomy

    euros, or 3.56 percent of GDP, beating the target by 122 million. Greece’s debt is expected to drop

    2%

  3. Amid market turbulence, Greece searches for scheme to help banks reduce bad loans
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    Following weeks of uncertainty and pressure on the banking sector, which climaxed in a big drop in bank share prices on Wednesday, there have been reports of efforts to provide the Greek lenders with assistance. The Greek authorities along with Bank of Greece, the Hellenic Financial Stability Fund

    2%

  4. CPI up by 1.1 pct in Sept for highest rise since Nov 2017
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    was interrupted early in 2018 with negative readings of -0.2 percent in January and March, with January’s drop

    2%

  5. Athens to send draft budget to Brussels after talks with IMF on pensions

    EconomyProgramme

    target this year and to repeat that performance all the way to 2023, when it is expected to drop to 3

    2%

  6. Greece 57th in WEF's Global Competitiveness Index based on new methodology

    EconomyFeatures

    shows that the country dropped by four places in 2018 compared to a drop of one place in 2017. Greece

    2%

  7. August current account shows surplus of 1.56 bln as deficit in primary income account grows
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    from a 1.1 billion-euro drop in residents' holdings of foreign bonds and T-Bills. A net increase

    2%

  8. Travel balance up by 1.4 pct in August as EU arrivals jump by 17 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    trip drop by 3.2 percent, or 19 euros. Travel receipts from the 28 European Union (EU 28) countries

    2%

  9. PMI slows to 53.1 in October, orders and employment remain strong
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    drivers for the drop in sentiment were global political uncertainty and greater competition. Markit

    2%

  10. IMF distances itself from budget talks, leaving Athens and EU to hammer out deal

    EconomyProgramme

    , the Europeans have asked Athens to drop the 10 percent reduction in the ENFIA property levy announced by Tsipras

    2%