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Greek stocks drop 1.5 pct during week, banks post losses of 7.7 pct
Economydraft budget outlining its measures to reach the anticipated fiscal outcome. The Athens Stock Exchange
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IMF upgrades Greece’s GDP and unemployment rate estimates
EconomyMacroeconomyin Parliament the 2017 draft budget, which assumes a GDP contraction of 0.3 percent in 2016, in line
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Tsipras braces for SYRIZA congress, weighs up reshuffle options
PoliticsGreek Politicsof GDP, as set out in the draft budget, next year. If Tsipras sees an incentive in completing the review
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CPI falls at slightly higher pace of 1 pct in September
EconomyMacroeconomyin 2017. The 2017 draft budget foresees HICP to remain flat in 2016 and increase by 0.6 percent next
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Greek households continue to slash spending on goods and services
SocietyGreek households devoted a greater portion of their monthly household spend on food, housing and education in 2015 compared to 2008, while a smaller share went on clothing and footwear and health, according to the 2015 Household Budget Survey published by the Hellenic Statistical Authority (ELSTAT
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ELSTAT revises nominal 2015 GDP contraction to 1.3 pct
EconomyMacroeconomylargely reflects the incorporation of the 2015 household budget survey, short-term indices for the water
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Arrears payments of 915 mln in Aug bring total to 1.4 bln over two months
EconomyMacroeconomy). In addition, extrabudgetary funds and state budget arrears of 252.1 and 205.8 million respectively
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Stournaras outlines conditions for strong 2017 growth, calls for debt relief measures soon
EconomyMacroeconomy. Keeping with the draft budget and European Commission’s estimates, the BoG forecasts that growth
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ELSTAT revises 2015 primary surplus downward to 0.15 pct of GDP, slightly ups debt
EconomyMacroeconomythat in the 2017 draft budget tabled on October 3, the Finance Ministry pointed to a primary surplus of 1.28
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First round of second review discussions concludes on Thursday
EconomyProgrammesides agreed comprehensive discussions to follow on the 2017 budget and achievement of fiscal targets
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