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  1. EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
    Photo by MacroPolis

    Economy

    for deposit build-up of 4.5 billion (compared to 7.7 billion proposed by the IMF) 6) Privatization proceeds... be reduced to 74 billion if SMP and ANFA income of 7.7 billion is taken into account. EC’s forecast... are now estimated to reach 10 billion in the baseline and 4 billion in the adverse scenario compared

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  2. Newsletter 232 -13/12/2019

    Newsletters

    from an increase of 7.7 percent in Q2. According to the revised data, on average, house prices...-on-month (MoM), the index dropped by 7.7 percent after a revised increase of 7.4 percent in September... for at least two of the last 35 years and must have submitted a recent tax declaration. It is estimated

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  3. Higher education in Greece needs radical overhaul to create labour-relevant workforce, study says
    Photo by Natasha Pantazopoulou/Fosphotos

    Society

    sector was 884 euros in 2016 compared to 1,054 euros in 2008. In the public sector, despite falling

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  4. NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
    Image: NBG

    EconomyBanking

    Income (PPI) stood at 1.9 billion, up by 5 percent annually. Operating expenses in 2024 were 884 million

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  5. April primary surplus beats target thanks to improved taxes and contained spending

    EconomyMacroeconomy

    884 million euros from the RRF this year.

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  6. Timing factors and contained spending keep primary balance 2.89 bln above target in April
    Finance Ministry

    EconomyMacroeconomy

    euros. It has also received a new tranche from the RRF of 884 million euros.

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  7. Revised GDP data shows recession for 2016, higher growth in 2014
    By Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    According to the Hellenic Statistical Authority’s (ELSTAT) second estimate for the 2016 Annual... an initial estimate of 0.1 percent growth. ELSTAT also revised the national accounts for the years... compared to an initial growth estimate of 0.6 percent. Expenditure of households dropped by 0.1 percent

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  8. Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
    Photo by MacroPolis

    EconomyMacroeconomy

    of the flash estimate. All key GDP components fell QoQ. The most significant drops were seen... 2015, the Hellenic Statistical Authority (ELSTAT) provisional estimates showed on Monday. The headline figure is slightly worse than the 0.4 percent QoQ contraction in the flash estimates released

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  9. PM briefs EU leaders on migration stance as Turkey tries to pin blame on Greece
    Photo by UNAOC via Flickr https://flic.kr/p/8avo4T

    PoliticsForeign Policy

    that Turkey has usually interpreted it. Libya There is a possibility of a ceasefire in Libya within the next.... But, according to government spokesman Steffen Seibert, Merkel told Haftar that the situation in Libya... that will take place in Libya's international waters aiming to preserve the UN arms embargo. The new

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  10. Amid lack of communication, overflights add to Greek-Turkish tension
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    on the sidelines of NATO Summit, in London in early December. Libya concerns Athens is also closely monitoring Turkey’s efforts to enhance and stabilise its presence in Libya, supporting the UN-recognised government in Tripoli. According to press reports, Turkey maintains five frigates closely to Libya

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