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  1. Newsletter 170 -13/07/2018

    Newsletters

    a decline of 1.1 percent. Total employment remained above 3.7 million. The overall labour force... in the electricity production index, 2.2 percent in the water supply production index and 1.2 percent in the mining

    6%

  2. Greek banks push for return to normality

    EconomyBanking

    12 to 18 months. The agency anticipated economic growth of 2 percent this year and 2.2 percent... and representing a reduction of 1.8 percent or 1.1 billion compared to December 2017. Several loan portfolio sales

    6%

  3. Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
    Photo by MacroPolis

    EconomyBanking

    billion in Q2, declining again to 1.1 billion in August. ECB funding rose from 3.1 billion in Q1... billion QoQ to 37.2 billion at the end of Q2, increasing by 2.2 billion since December 2017. Deposits

    6%

  4. IMF raises growth forecast for 2019, lowers sharply medium-term expectations
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    in the last quarter of this year, expecting the Greek economy to grow by 2.2 percent, from 2.7 percent... April, and 1.2 percent in 2019, from 1.1 percent previously. In the medium term, CPI is seen rising

    6%

  5. Travel surplus rises by 17.4 pct in H1 as sharp rise in visitors drives receipts growth
    Photo by MacroPolis

    EconomyMacroeconomy

    by a 25.1 percent rise in receipts from European Union (EU) visitors and a 2.2 percent rise in receipts from.... Visitors from the UK showed a rise of 10.5 percent to 1.1 million. Outside of the EU 28, visitors from

    6%

  6. Travel balance up by 1.4 pct in August as EU arrivals jump by 17 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    increased by 2.2 percent and stood at 2.61 billion euros in August. For euro-denominated countries... from France rose by 3.6 percent to 1.1 million, while visitors from the UK remained stable at roughly

    6%

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

    EconomyBanking

    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

    6%

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

    EconomyMacroeconomy

    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

    6%

  9. Industrial production up by 2.3 pct in Feb
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent after a drop of 2.2 percent in January. The annual movement in the index was driven largely... by 1.1 points month-on-month to stand and -2.3. Year-on-year, industry confidence has improved by 1

    6%

  10. 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

    6%