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  1. Piraeus NII exceeds 1 bln in H1, commissions income at 325 mln
    Photo by MacroPolis

    EconomyBanking

    half in H1 to 0.5 percent, down from 1 percent a year ago. P&L Net interest income (NII) came to 1.05... in H1 2023. Eurosystem funding dropped further to 1 billion euros of TLTRO III, with the remaining 1

    46%
  2. Calls for snap polls, parliamentary probes set tone for polarised politics
    Photo by MacroPolis

    PoliticsGreek Politics

    into a slanging match between the government and the opposition and set the tone for the upcoming months... having rising debts. He also announced plans to set up a panel of experts to assess the out... into the bank loans if the government also agreed to set up a committee to look into the imposition

    46%
  3. Details of technical agreement between Greece and lenders set out in draft sMoU
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    (MTFS) for 2018-2021, a pension reform with net savings of 1 percent of GDP in 2019-2021 and a personal income tax (PIT) reform also delivering net savings of 1 percent of GDP in 2020 and 2021... assessment. Furthermore, a targeted spending package and a growth-enhancing tax package each yielding 1

    45%
  4. Greek banks' Eurosystem funding rises again in November, up by 1 bln

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding increased for the second straight month in November, when it rose by 1 billion euros, according to the Bank of Greece's (BoG) monthly financial statement on Wednesday... from 43.85 billion in October. This reflects a 1 billion rise in main refinancing operations, while

    45%
  5. Travel receipts up by 1 pct in Dec but balance in deficit of 27.9 mln

    EconomyMacroeconomy

    Greece's travel receipts rose by a mere 1 percent year on year (YoY) in December from 30.7 percent in November, according to the Bank of Greece (BoG). In absolute terms, travel receipts were up... a rise by more than 1 billion YoY. As already evident in previous months, the double-digit growth

    45%
  6. CPI tumbles by 1 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    Τhe Greek Consumer Price Index (CPI) dropped at an accelerating pace of 1 percent in July after a 0.7 percent decline in June, Hellenic Statistical Authority (ELSTAT) data showed on Monday... and services posted a change less than 1 percent from the previous month’s level. Greece remains

    45%
  7. Current account surplus almost doubles to 1 bln in June
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    Greece's current account (C/A) surplus almost doubled to 1 billion euros in June from 508.9 million a year ago, Bank of Greece (BoG) figures showed on Thursday. The year on year improvement by around..., while exports fell by around 1 billion to 11.6 billion. As a result, the goods’ deficit fell

    45%
  8. CPI falls at slightly higher pace of 1 pct in September

    EconomyMacroeconomy

    Τhe Greek Consumer Price Index (CPI) dropped at a slightly accelerating pace by 1 percent in September after falling by 0.9 percent in August, Hellenic Statistical Authority (ELSTAT) data showed... other main groups and services posted a change less than 1 percent MoM. Since May 2013, when CPI

    45%
  9. Turnover in tourism sector up 1 pct in Q1 for third straight quarterly rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The Turnover Index in Accommodation and Food Services increased for the third straight quarter in the first quarter (Q1) of 2017, albeit at a slower pace of 1 percent from a downwardly revised growth... receipts are projected to rise by at least 1 billion and range between 14.2 to 14.5 billion in 2017

    45%
  10. Wages index improves 1 pct in Q1 but falls QoQ for second straight quarter
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The seasonally adjusted (SA) Wages Index rebounded for the sixth successive quarter by 1 percent year on year (YoY) in the first quarter (Q1) of 2017 after edging up by 0.2 percent in the previous... and 14th salary bonuses. The non-seasonally adjusted (NSA) wages index also grew by 1 percent in Q1 after

    45%