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  1. Turnover in tourism grows by 2.8 pct during Q4 and 9 pct in 2018
    Photo by MacroPolis

    EconomyMacroeconomy

    stood at 9 percent versus 8.2 percent in 2017. Broken down by component, the index in accommodation rose... expenditure per trip edged down very slightly by 0.2 percent to 521.10 euros in 2018 versus 522.30 euros

    2%

  2. IMF outlines areas in which Greece needs further reforms, where it should apply caution
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    to accelerate further this year, but cautions that the reform momentum is slowing down, and risks... in 2019, up from 2.1 percent last year. Growth is seen slowing down to 2.2 percent next year and 1.6

    2%

  3. Government move over primary residences raises questions
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    on Wednesday, the European Commission sought to play down talk of a rift between the two sides that would... over the pension cuts late last year, the government also seems to avoid getting too bogged down

    2%

  4. SYRIZA set to name more MEP candidates, hoping for better results
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that this anger will die down over the months to come is one of the reasons that Prime Minister Alexis... than five years after she had died. Within hours, it was announced that Loizou was stepping down

    2%

  5. Piraeus Bank posts net profit of 185 mln in 2018
    Image via www.piraeusbankgroup.com

    EconomyBanking

    billion euros. The NPE ratio edged down to 53.1 percent from 54.1 percent in Q3, while the NPE coverage... provision expenses in Greece came to 137 million in Q4, down by 8 percent in Q4. For the full year, loan

    2%

  6. BoG underlines progress in NPE reduction but stresses need for systemic solution
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    of reducing the stock of bad assets by end of 2021 to 34.1 billion euros, which will take the ratio down... to bring down their stock of bad assets, there is an urgent need for institutional solutions

    2%

  7. General govt primary cash surplus at 2.91 bln in Feb, arrears rise by 83 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus came to 2.91 billion euros in the first two months of the year, down by 272 million euros compared to the same period last year, according... of the total debt. In the other underlying subcategories, T-Bills edged down by 3 million to 15.28

    2%

  8. 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

    2%

  9. Unemployment rate edged up again in Jan, reaching 18.5 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent higher. The overall labour force came to 4.70 million in January, down slightly compared.... Broken down by age group, the lowest unemployment rate is in the 65-74 bracket with 13 percent

    2%

  10. Glimmer of hope for efforts to negotiate over tax-free threshold, but not primary surplus
    Photo by MacroPolis

    EconomyProgramme

    the threshold down from around 8,500 to 5,500 euros, should be made in order to broaden the tax... elections, they will try to bring down the 3.5 percent of GDP primary surplus goal, which is in place

    2%