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Greece expects review to be completed by May 1 despite IMF objections
EconomyProgrammeIn a non-paper released on Thursday night, the Finance Ministry provided an update on the progress made so far in the first programme review. According to the ministry, all sides agree that that an agreement should be completed by Orthodox Easter (May 1), while a document outlining the institutions
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Current account surplus widens to 1 bln in September
EconomyMacroeconomythe travel surplus up by 1 percent to 2.04 billion. The BoG also noted that the deterioration in the primary
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Building activity edged up 1 pct in September
EconomyMacroeconomyGreek building permits grew for the third successive month in September but at a much slower pace of 1 percent from 16.6 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The double-digit growth rate in August growth mostly reflected a low base effect, since
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Industrial production edges up 1 pct in April after double-digit growth in previous two months
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) edged up by 1 percent in April after upward revised growth of 10.1 percent in March, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. Although the headline figure for April is the seventh successive positive reading, it is the lowest
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Credit contraction slightly accelerates to 1 pct in May on deductions of 395 mln
EconomyMacroeconomyThe pace of credit contraction in the Greek market slightly accelerated to 1 percent in May from 0.9 percent in the previous month, Bank of Greece (BoG) figures showed on Wednesday. The net lending flow turned negative for the first time since February with net deductions standing at 395 million
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CPI up again in June with 1 pct increase
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) grew by 1 percent in June from 1.2 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Monday. Although the June headline figure has eased slightly from the CPI recorded in May, it represents the sixth continuous positive reading
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CPI up by 1 pct in July for seventh straight rise
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) grew by 1 percent in July, remaining at the same level as June, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. Although unchanged from the previous month, July’s headline figure is the seventh consecutive positive reading after four years
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Household disposable income fell by another 2.3 pct in 2016, consumption down by 1 pct
EconomyMacroeconomydropped by 1 percent in 2016 reaching 121.7 billion euros from 123 billion in the prior year
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Fall in apartment prices slows to 0.3 pct in Q4 2017, 1 pct average drop for year
EconomyMacroeconomy, the decline in property prices came to an average drop of 1 percent, improving against the drop
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Credit contraction at 1 pct in February on lower household, and corporate lending
EconomyMacroeconomyCredit contraction in the Greek market deepened by 1 percent in February from a contraction of 0.8 percent in January according to Bank of Greece (BoG) figures released on Tuesday. This resulted in the outstanding balance falling to 182.54 billion euros from January’s figure of 182.83 billion euros
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