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Unemployment rate edges down to 21.1 pct in Q2, lowest since Q4 2011
EconomyMacroeconomy, the jobless rate has declined by 2 percentage points (pp) from the Q2 2016 figure of 23.1 percent
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Primary cash surplus falls to 276 mln surplus at end of August amid revenue decline
EconomyMacroeconomypreviously, this year’s figure includes a one-off item of around 2 billion euros related to National
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Industrial turnover up by 8.6 pct in July, positive for eighth month
EconomyMacroeconomyto -3.7 in August. In the year to date, industry confidence has improved by 2 points.
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Clean exit under discussion but course of third review holds key
EconomyProgrammein 2018 and 2 billion in 2019. Interest payments are in the region of 3.5 billion in each of the two
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Coalition bolsters unity in face of opposition pressure
PoliticsGreek Politicsthat was used to smuggle some 2 tons of heroin to Greece. On Tuesday, Tsipras and Kammenos held a meeting
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Newsletter 133
exposures (NPEs), a figure the country’s lenders are keen to see reduced. 2 Deposit inflows at 1.41
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General govt primary cash surplus at 4.51 bln in eight-month, arrears increase to 6.03 bln
EconomyMacroeconomydeficit of 2 million euros. However, the figure for 2017 still underperformed that of 2016 which stood
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Draft budget highlights taxpayer fatigue, creates policy mix doubts
EconomyMacroeconomymonth and they took a major hit in July when unpaid taxes jumped by 2 billion euros. According
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NBG steps back into markets with 750 mln covered bond issue
EconomyBanking. There has not been a covered issue by Greek banks since 2009. The bond issue attracted over 2 billion
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New overdue tax obligations at 1.07 bln in August, total at 98.23 bln
EconomyMacroeconomyGreece’s new tax debt rose to 1.07 billion euros in August, declining from July’s figure of 2 billion, the Independent Authority of Public Revenues’ (IAPR) data has revealed. New unpaid obligations from tax categories rose by 937.5 million in August, down from 1.44 billion in July. Around 18
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