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  1. Budget primary surplus of 2.28 bln in first five months of 2016, tax revenues beat target in May
    Photo via Flickr https://flic.kr/p/nphVW

    EconomyMacroeconomy

    decreased 7.1 percent in May, but increased 2.2 percent to 961 million in the 5-month, 61 million below... lower than target. The 5-month figure eased 1.1 percent to 15.49 billion, which was 2.06 billion.... Overall, total expenditure slipped 0.8 percent to 18.91 billion euros in the 5-month period, 2.37 billion

    11%

  2. Greek stocks drop 1.5 pct during week amid subdued trading activity
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    at 630.28 on Friday, trimming its previously higher gains to 1.1 percent over the last four weeks. Bank... – OLP (+2.2 percent). In contrast, the biggest losses were posted by banks, namely Eurobank (-9.4... for a consideration of 76.1 million. The bank’s total proceeds amount to 143.3 million, including

    11%

  3. Newsletter 113 - 31/03/2017

    Newsletters

    obligations. The minimum amount of total debt that could be included in the workout stands at 20,000..., following a drop by 2.2 points in the previous month, according to figures published... by 1.1 points in March after a decrease of 5.5 points in February. Following a cumulative decline

    11%

  4. 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... around 70 percent of total GDP), a strong increase in investments by 5.9 percent and a higher growth... published the most optimistic projection so far. It expects GDP to rebound by 2.2 percent, while

    11%

  5. Travel balance for nine-month period shows surplus of 11.57 bln
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    of 1.1 percent to 520,900. Cruises In contrast, cruise-based travel to Greece showed a decline across almost all indicators in the first nine months of the year. Total receipts from cruise passengers were... the whole of 2017. In December alone, the number rose by 1.5 percent to 2.2 million travellers. Inbound

    11%

  6. Retail sales drop by 1.7 pct in November, corresponding volume falls 2.9 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in November, while volume fell by 1.1 percent to 70.5. The latest business indicators for January... of 2.2 points. For November, the indicators showed that consumer confidence improved by 0.2 points... billion in 2016. Overall in 2017, total retail turnover is estimated at 42 billion, from 41.4 billion

    11%

  7. Eurobank to merge with Grivalia Properties and create SPV to cut bad loans
    Photo by MacroPolis

    EconomyBanking

    percent of Eurobank. The merger will create the best capitalised bank in Greece, with total capital ratio... to cause capital requirements of between 1.1 to 1.2 billion euros due to the difference between the book... worth around 2.2 billion, pro-forma as of the end of September 30, 2018. Eurobank CEO Fokion Karavias

    11%

  8. Unemployment at 18.6 pct in September as unemployed decline by 11.1 pct year-on-year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent. Year-on-year, the figure for those employed increased by 88,205, a rise of 2.3 percent. Total... fewer unemployed people in September versus August, a drop of 1.1 percent. Compared to September... year-on-year. The unemployment rate among women fell by 2.2 percentage points (pps) year-on-year

    11%

  9. IMF maintains outlook for economy, Athens readies scheme for unpaid taxes and contributions
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    slowing down to real growth of 2.2 percent in 2020. Growth is then seen slowing down, setting at 1.2... are seen accelerating in the coming years, rising by 1.1 percent this year and 1.4 percent in 2020... billion euros to the IKA fund, and the self-employed, who owe a total of 16 billion euros

    11%

  10. Unemployment at 16.2 pct in Q3
    Photo by MacroPolis

    EconomyMacroeconomy

    percent of their remuneration. A total of 756,424 people were registered as unemployed in Q3... million. The employment rate increased by 2.2 percent compared to the previous quarter and decreased by 1.1 percent compared to the same quarter of the previous year The number of economically inactive

    11%