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  1. Car sales hit the accelerator in Feb, increasing by 43.1 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    reflects a low base effect, since car sales recorded a sharp drop of 17 percent in February 2016... accelerating from the 24.7 percent rise recorded in the previous month. Passenger cars make up 80 percent

    6%

  2. Pause in review talks, leaving most difficult issues to be tackled
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    .” The statement also notes that follow up meetings are scheduled for next week, stressing that “the aim.... The institutions also favour a drop in the corporate rate tax and reduced upper tax rates for personal

    6%

  3. Greece remains in inflation for second straight month after CPI rises 1.3 pct in Feb
    Photo by Natasha Pantazopoulo/Fosphotos

    EconomyMacroeconomy

    . In contrast, transport prices edged up 1.3 percent, while all other main groups and services recorded..., at a slower pace compared to the drop of 1.7 percent in 2015. All latest estimates point to a return

    6%

  4. Building activity increases for second straight month after 11.1 pct rise in Jan
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    reasons. It is the lowest reading since January 2016. Moreover, the corresponding surface edged up...) of 2016 and by 2.2 percent in 2016. They have posted a cumulative drop of 41.7 percent from

    6%

  5. Budget primary surplus falls to 1.1 bln in Q1, slightly above target
    Photo by MacroPolis

    EconomyMacroeconomy

    revenues edged up 0.4 percent to 11.72 billion, outperforming the target by 678 million. The revenue... a significant drop from last year. Specifically, revenues plummeted 58.2 percent to 650 million

    6%

  6. Fiscal surplus back in focus ahead of IMF debt discussions
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to be offered a fiscal path that consists of 3.5 percent of GDP targets for 3-4 years before they drop... of the extra fiscal measures lined up for 2019 and 2020 (1 percent of GDP in pension cuts and 1

    6%

  7. Disposable income rises slightly in Q4 for first time since Q3 2014
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greek household disposable income edged up 0.1 percent in the fourth quarter (Q4) of 2016 after falling by 1.8 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) data showed... and reflects a slight drop in compensation of employees counterbalance by a decrease in taxes and social

    6%

  8. Greece eyes first bond issue since 2014 to smooth out volatile relationship with markets
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    ’ take up at 93 percent. In contrast, the July announcement just noted that investors showed..., while the 10-year yield recorded a smaller drop of more than 100 bps well below the 6-percent mark

    6%

  9. Building activity falls by 4.2 pct in February

    EconomyMacroeconomy

    showed permits edged up by 2.3 percent, due to the positive performance in January. In addition... permits decreasing by 5.5 percent at an accelerating pace from the 2015 drop rate of 0.9 percent

    6%

  10. Q1 GDP down by mild 0.1 QoQ, hinting at impact of drawn-out review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    on year (YoY) in Q1, decelerating from the drop rate of 1.1 percent growth posted in Q4. The Q1 rate... are a rise in private consumption by 1.3 percent, which retains the lion’s share (it makes up

    6%