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Central gov't cash surplus rises to €3 bln in October despite drop in revenues
EconomyMacroeconomyon a modified cash basis. The breakdown of BoG 10-month figures showed cash revenues rose by 1 YoY
7% -
Piraeus Bank posts net loss of 1.56 bln in Q3
EconomyBankingbond non-eligibility. The Basel III Common Equity Tier 1 (CET1) ratio fell to 13.4 percent in Q3
7% -
Greek economic sentiment and consumer confidence up again in November
EconomyMacroeconomyperiod. Consumer confidence also improved for the second straight month in November, rising by 1
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Newsletter 5 - 28/11/2014
. Consumer confidence also improved for the second straight month, rising by 1 point to -49.9 from -50.9
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Greek retail index down 0.9 pct in Sept. although volume increases
EconomyMacroeconomyfor the second successive month by 1 point to -49.9 in November, falling below the 50-point mark
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Credit down by 3.2 pct in Oct for lowest contraction since Dec 2011
EconomyMacroeconomyof decline decelerated by almost 1 percentage point to 3.8 percent, which is the lowest reading since
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Greece moves closer to troika over fiscal gap, waits for response
EconomyProgramme, SETE anticipates the devastating impact on employment since for each 1 million fewer tourists more
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The measures Greece is proposing to secure troika's return
EconomyProgrammemeasures include: 1) Increase in the VAT rate for hotels to 13 percent from 6.5 percent
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Accommodation and food services index up 7.6 pct in Q3
EconomyMacroeconomythe negative impact on employment since for each 1 million fewer tourists, more than 30,000 jobs
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Greek exports up 7 pct in October, reach highest monthly level for 2014
Economya moderate decline by 1 percent, mainly reflecting the decrease recorded in the last quarter of 2013
7%