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  1. ELSTAT revises nominal 2015 GDP contraction to 1.3 pct

    EconomyMacroeconomy

    March. This reflects a higher decrease in both households’ consumption by 1.8 percent (from 1 percent

    2%
  2. Rise in overdue contributions slows to 310 mln in Q3, total at 16.9 bln

    EconomyMacroeconomy

    ) owe more than 1 million each for a total amount of 3.85 billion, which corresponds to 22.7 percent

    2%
  3. Deposits edge down to 123.5 bln in September on outflows of 379 mln

    EconomyMacroeconomy

    -eurozone residents – recorded modest inflows of 153 million in September, from almost 1 billion

    2%
  4. Alpha and NBG complete sales of hotels
    Photo by MacroPolis

    EconomyBanking

    Equity Tier 1 (CET1) ratio stood at 16.6 percent in the second quarter (Q2). The completion

    2%
  5. World Bank sets out savings Greece can make from streamlining welfare benefits
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    credit to 1,600 euros (from 1,900 euros currently) with estimated savings of 1 billion euros (0.6

    2%
  6. General government primary cash surplus substantially widens to 5.3 bln by September, arrears edge down to 6.2 bln

    EconomyMacroeconomy

    to the Eurogroup Working Group on arrears clearance monitoring, the stock of arrears has dropped by 1

    2%
  7. Deadlock at NBG over chairman appointment
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    and constant review by the SSM. Piraeus Meanwhile, Piraeus Bank announced on November 1 that George

    2%
  8. Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
    By Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , the Fiscal Council estimates that a growth of 1 percent in private consumption is more realistic

    2%
  9. Industrial production edges up 0.1 pct in September
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent, while water supply production also declined by 1 percent with a slight weight of 3 percent

    2%
  10. Athens digests Trump victory, sees economic complications
    Photo by Andrea Bonetti/Fosphotos

    PoliticsForeign Policy

    the recover off track. During his campaign Trump made pledges of 1 trillion dollars in public

    2%