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  1. Q4 GDP contracts 0.6 pct QoQ, recession of 0.7 pct in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    compared to the Q3 drop decrease of 1 percent. In addition, Q4 GDP declined 2 percent YoY, decelerating

    6%

  2. Building activity rebounds 7.2 pct in November
    Photo by MacroPolis

    EconomyMacroeconomy

    by 5 percent in 2016 and 1 percent in 2017. Meanwhile, housing loan balances have contracted by 16

    6%

  3. Apartment prices down by 5.4 pct in Q4 and 5.1 pct over whole of 2015

    EconomyMacroeconomy

    forecasts calling for a further fall in housing prices by 5 percent in 2016 and 1 percent in 2017

    6%

  4. Multiple crises fence in Greece
    Photo by Harry van Versendaal

    Agora

    to be insisting on cuts to pensions as the main path for Greece saving 1.8 billion euros (equivalent to 1 percent

    6%

  5. Current account deficit falls to 780 mln in Dec and 7.5 mln in 2015

    EconomyMacroeconomy

    liabilities rose by 1 billion largely due to non-residents’ investment in Greek shares, mainly the recent

    6%

  6. Newsletter 63 - 19/02/2016

    Newsletters

    (May 1). Regarding pension reform, signs of a potential compromise on the domestic front emerged

    6%

  7. Greek stocks rebound 5.8 pct over week

    Economy

    may be inevitable for meeting the pledged target of 1 percent of GDP pension cost savings in 2016

    6%

  8. Travel receipts grow 12.2 pct in Dec, surplus rises to 12.17 bln in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    countries eased 1 percent and those from other countries surged 31.5 percent. Arrivals from the US

    6%

  9. Unresolved pensions issues complicate the fiscal front

    EconomyProgramme

    in 2013, KEAO has collected SSCs of almost 1 billion.

    6%

  10. Budget primary surplus jumps to 1.19 bln in Jan, largely on rising PIB revenues

    EconomyMacroeconomy

    expenditure largely reflects proportionally lower costs for: 1) Operational and other expenditure of 100

    6%