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  1. Building activity increases for second straight month after 11.1 pct rise in Jan
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    by 1.1 percent, while volume declined by 12.4 percent. The geographical breakdown revealed the most...) of 2016 and by 2.2 percent in 2016. They have posted a cumulative drop of 41.7 percent from

    6%

  2. IMF downgrades Greek GDP and unemployment forecasts
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    to grow at a slower pace of 2.2 percent in 2017 compared to its initial forecast of 2.8 percent... impact from the delay in the conclusion of the second programme review. GDP contracted 1.1 percent

    6%

  3. CPI increases by 1.6 pct in April
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent), health (-2.8 percent) and miscellaneous goods and services (-2.2 percent). Prices... are projecting a higher growth of 1.1 and 1.3 percent respectively this year. In addition, the IMF is also

    6%

  4. Newsletter 118 - 12/05/2017

    Newsletters

    by 6,900 to 1.1 million, the lowest reading since February 2012. Over the last twelve months... goods and services (-2.2 percent). The comparison with the previous month revealed the CPI edged up

    6%

  5. Q1 GDP down by mild 0.1 QoQ, hinting at impact of drawn-out review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    on year (YoY) in Q1, decelerating from the drop rate of 1.1 percent growth posted in Q4. The Q1 rate... published the most optimistic projection so far. It expects GDP to rebound by 2.2 percent, while

    6%

  6. Newsletter 119 - 19/05/2017

    Newsletters

    by 0.5 percent year on year (YoY) in Q1, at a slower pace compared to the drop of 1.1 percent..., pointing to a faster GDP rebound of 2.1 and 2.2 percent, respectively. Budget primary balance records

    6%

  7. IMF sees eurozone debt relief pledges failing to deliver sustainability
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    . The primary balance is seen at 1.7 and 2.2 percent of GDP this year and next, reaching 3.5 percent... 1.1 percent of last year’s GDP. The Fund argues this a realistic projection given Greece’s track

    6%

  8. Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter
    Photo by MacroPolis

    EconomyBanking

    successive quarter by 1.1 billion QoQ and landed at 23 billion. As a result, the NPL ratio fell..., the cost of risk stood at 2.2 percent, at the high end of management expectations. Balance Sheet

    6%

  9. Coalition banks on surplus transfers, waits for Hellenikon verdict
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    reaching 2.2 percent of GDP, against a target of 1.75 percent. This would allow the government to redistribute roughly 1.1 billion euros. Around 800 million euros will be directed towards vulnerable

    6%

  10. IMF still sees fiscal gap in 2018 - no action needed, for now
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    this year and -1.1 percent of GDP in 2018, reaching a remarkable overall surplus of 0.2 percent of GDP in 2019. The primary balance is seen landing at 1.7 percent of GDP this year and 2.2 percent in 2018

    6%