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  1. Government’s growth ambitions meet RRF reality
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    by 0.6 pct quarter-on-quarter and 2 pct compared to the same period last year. Growth over the first nine months averages 2 pct, and strong private spending during the festive season will be needed... to 2 pct in 2026, or slightly below, with Capital Economics the latest to predict 1.8 pct for next year

    17%
  2. Coalition in a bind as debt relief slips away and more austerity looms

    PoliticsGreek Politics

    The possibility of having to implement around 2 billion euros in new austerity measures next year and not discovering what form further debt relief might take until the middle of 2014 has suddenly... the government can find all of the extra 2 billion euros, or more than 1 percent of GDP, it will need

    15%
  3. When will Greek banks operate as credit institutions again?
    Photo by Harry van Versendaal

    Agora

    sustainability of the country and could not come at a less opportune moment.[2] The second structural..., 11th October 2013. [2] The Greek clothing retailer Sprider suspended its commercial operations

    15%
  4. October C/A deficit drops to 351 mln, down 39.1 pct over year

    EconomyMacroeconomy

    , the Ministry of Finance and the troika were calling for a C/A deficit of between 1 and 2 percent of GDP... 2 percent in 2014. The key risk to BoG short-term projections lies with the funding ability

    15%
  5. Bank of Greece decision bolsters Greek lenders’ capital ratios

    EconomyMacroeconomy

    -forma 9-month 2013 EBA CT1 by 2 billion euros with the respective ratio hiking to 13.5 percent from 8.1...’s upcoming share capital increase of 2 billion euros. The bank has recently initiated the capital

    15%
  6. C/A balance positive by 1.4 bln to Nov, 2013 surplus in sight

    EconomyMacroeconomy

    by the BoG, the Ministry of Finance and the troika were calling for a C/A deficit of between 1 and 2... history and rising to about 2 percent in 2014. The key risk to the BoG’s short-term projections

    15%
  7. Sales season pushes November retail volume to growth for the first time since March 2010

    Economy

    , which posted a higher drop of 2.9 percent compared to October (-2 percent) and December (-1.7 percent... in the 9-month period. Furthermore, increased tax obligations led to deposit outflows of 2 billion

    15%
  8. Electricity drives rare rise in Greek industrial production index

    EconomyMacroeconomy

    single-digit figure, 2 and 2.8 percent respectively in 2013. Among the various business sectors... and equipment exhibited a modest rise (2 – 2.5 percent).

    15%
  9. C/A surplus of 0.7 pct of GDP in 2013 is Greece's first for decades
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    of between 1 and 2 percent of GDP in 2013. The BoG’ estimates included in its interim report... 2 percent in 2014. The key risk to the BoG’s short-term projections lies with the funding ability

    15%
  10. Greek credit contracts by 4 pct in Jan, NPLs rise to 31.2 pct in Sept

    EconomyMacroeconomy

    showing positive growth (0.9 percent) with marginal deductions of just 2 million in January. The BoG... percentage points in the second quarter. All loan segments showed an increase of 1.8 to 2 percentage

    15%