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  1. Greek GDP falls by 0.2 pct in Q1 as uncertainty impacts on investments
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    with the tight liquidity conditions have taken their toll on the initial expectations for a strong... a strong rebound by 17.5 percent QoQ in Q4, gross fixed capital formation fell 7.5 percent QoQ in Q1 amid uncertainty and restrained liquidity. Note though that the YoY comparison still points to a double

    11%
  2. Car sales soar 42.9 pct in July, also reflecting a low base effect
    Photo by MacroPolis

    EconomyMacroeconomy

    displayed on Monday. The strong double-digit growth in July largely reflects a low base effect... at 9,401 in July also indicating the lowest reading since March. Following the strong rebound in July... for the double-digit growth in the last two years are largely attributed to renewal of rent-a-car fleets

    11%
  3. Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The provisional estimates also showed that GDP fell by 1.1 percent year on year (YoY) in Q4 after strong growth... in the previous quarter. Compared to last year, investments dropped by 13.8 percent in Q4, after double-digit... in goods by 3.3 percent. In contrast, services declined at double-digit rate of 11.5 percent. Outlook

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  4. Buoyed by review deal, stocks surge 5.9 pct for second straight weekly rise
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    of June 2015. Over the last two weeks, Greek stocks have recorded double-digit gains of 12.3 percent... 11.8 percent this week, extending their strong gains to 30.4 percent in the last two weeks. The best.... It remained above the 100-million mark for the next two sessions, reflecting investors’ strong

    11%
  5. Value of HFSF participation in Greek banks falls to 17 billion
    Photo by MacroPolis

    EconomyBanking

    of 859 million was recorded due to the drop in the valuation of bank warrants. The highest negative

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  6. Talks on bailout review head for crucial weekend
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    . Meanwhile, the Labour Ministry announced on Thursday that an amount of 859 million from the 2017

    11%
  7. General govt primary cash surplus at 2.42 bln in April, arrears fall by 66 million
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) and came to 23.81 billion euros. ​This was driven primarily by a fall in interest paid (-859 million

    11%
  8. Eurosystem funding falls by 978 mln in Nov, banknotes increase for fourth month
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    figure was driven by a drop of 859 million in Emergency Liquidity Assistance (ELA) funding to 2.71

    11%
  9. Public investment under spotlight amid arguments over budget execution
    Photo by MacroPolis

    EconomyMacroeconomy

    funds 166 million and 859 billion by other legal entities, to make up the actual spend of 4.97

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  10. Newsletter 235 -17/01/2020

    Newsletters

    was 2.82 billion, municipalities spent 1.12 billion, social funds 166 million and 859 billion

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