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  1. Banks meet NPE reduction targets in Q3, adjust targets for next two years
    Bank of Greece

    EconomyMacroeconomy

    their NPE targets submitted last September to the Single Supervisory Mechanism (SSM) of the ECB by 1.1...) reaching 64.6 billion in 2019. This is around 2.2 billion euros more ambitious than the previous

    6%

  2. Newsletter 143

    Newsletters

    and dropped by 2.2 percent YoY, taking final consumption expenditure down by 0.1 percent QoQ and 1... targets submitted last September to the Single Supervisory Mechanism (SSM) of the ECB by 1.1 billion

    6%

  3. 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... the whole of 2017. In December alone, the number rose by 1.5 percent to 2.2 million travellers. Inbound

    6%

  4. Budget primary surplus confirmed at 1.94 bln in 2017 on expenditure fall
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    revenues fell by 1.1 percent year-on-year to 5.72 billion. The figure represents a rise compared..., while income tax revenues rose by 2.2 percent. In total, tax revenues beat their target by 359 million

    6%

  5. 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

    6%

  6. Stress test assumptions cause few concerns for Greek banks
    Photo via http://www.eba.europa.eu/

    EconomyBanking

    by 2020 from 19.9 in 2018, prices are projected growing by a steady rate of 0.9 to 1.1 percent... the baseline levels whereas commercial property is also seen falling by 9.2, 6.1 and 2.2 percent

    6%

  7. Newsletter 150 -26/01/2018

    Newsletters

    the growth of the first nine months of 2017 to 1.1 percent. The last time Greece grew for three... in 2017. Revenue from taxes dropped by 2.2 percent to 47.40 billion, while social security contributions

    6%

  8. Banks gear up for stress tests, with results due in May

    EconomyBanking

    growing by a steady rate of 0.9 to 1.1 percent, residential real estate values will drop marginally... is also seen falling by 9.2, 6.1 and 2.2 percent in the 2018 – 2020 period, again 17.4 percent below

    6%

  9. CPI rises by 1 pct in June, staying positive for third month
    Photo by MacroPolis

    EconomyMacroeconomy

    (-1.5 percent), household equipment (-1.1 percent) and recreation and culture (-1 percent). The month... (+2.2 percent) and household equipment (+0.4 percent). A fall of 0.3 percent was noted

    6%

  10. Industrial production grows by 1 pct in May, up by 0.2 pct in first five months of the year
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    index. A decrease of 1.1 percent was noted in the water supply production index During May, positive... offset by decreases of 4.3 percent in the electricity production index, 2.2 percent in the water supply

    6%