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Newsletter 118 - 12/05/2017
to the lower reliance on ELA funding. Monthly change reflects a similar drop in both ELA and ECB funding
3% -
Govt hopes counter-measures, debt relief talks enough to escape multi-bill maelstrom
PoliticsGreek Politicsthis year’s growth projection to just 1.8 percent of GDP, which is lower than the European
3% -
Q1 GDP down by mild 0.1 QoQ, hinting at impact of drawn-out review
EconomyMacroeconomyThursday. It did, however, lower its previous estimate from 2.7 to 2.1 percent. The downward revision
3% -
Central government debt edges up to 326.5 billion in Q1
EconomyMacroeconomyby 2.24 billion euros, almost offset by lower Financial Support Mechanism (FSM) loans. The latter
3% -
Greek stocks edge down 0.6 pct ending three-week rally
Economylower and 10 higher, while 2 stayed flat. The trading activity slowed with the turnover surpassing
3% -
Current account deficit widens to 1.3 bln in March
EconomyMacroeconomyGreece’s current account (C/A) deficit grew by 551.4 million euros to 1.32 billion in March from 772.4 million a year ago, Bank of Greece (BoG) figures showed on Monday. The deterioration largely stems from a rise in the goods’ deficit by 426.6 million, coupled with lower primary and secondary
3% -
Travel receipts drop by 7.8 pct in March, higher fall in payments leads to soaring balance
EconomyMacroeconomymillion last year. Lower receipts are largely attributed to a decline in the average expenditure per
3% -
NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
EconomyBankingpercent quarter-on-quarter (QoQ) to 259 million on the back of higher core income and lower
3% -
Stocks record weekly losses of 0.7 pct in wake of inconclusive Eurogroup
Economypercent). Overall, 15 out of the 25 FTSE/Large Cap Index constituents ended lower this week
3% -
Deposit flow turns negative again in April with outflows of 139 mln
EconomyMacroeconomybillion lower than that in mid-August 2015.
3%