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Newsletter 131 - 8/9/2017
Minister Giorgos Houliarakis took part on Monday in the Euro Working Group in Brussels, where his eurozone... and the value of ships, imports and exports grew by 6.7 and 1.1 percent, respectively. This pushed
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Tsipras concludes US trip with focus on geopolitics and investments
PoliticsGreek PoliticsTzanakopoulos clarified that Athens would only pay 1.1 billion euros of this total and that the payment would..., ABS, Silver Point Capital and Greylock Capital took part in the meeting, along with Economy
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Tsakalotos stands ground on taxes, finalises social dividend plan
PoliticsGreek Politics-income households. New Democracy and some of the media took Houliarakis’s comments as an admission... that it will be able to hand out 1.1 billion euros, the so-called “social dividend.” According
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Lenders set ambitious e-auction targets for Athens
EconomyProgrammeat district courts concerned 5,600 properties, totalling EUR 1.1 billion. A very small fraction of these auctions took place, mainly due to disruption by activists. Greece’s lenders feel
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GDP grows by 0.1 pct in Q4, up by 1.4 pct in 2017
EconomyMacroeconomygovernment consumption fell by 1.8 percent QoQ and grew by 2.1 percent YoY. This took final... consumption rose by 0.1 percent in real terms while public consumption fell by 1.1 percent across
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PMI at 55 pts in March, slowing from Feb but above 50 for tenth month
EconomyMacroeconomyGreece’s Manufacturing PMI dipped by 1.1 points to 55 in March, the tenth consecutive reading above the 50-mark threshold. Although remaining positive, the index declined against the figure... targets, firms took on extra employees, hitting a survey record high in March. Input price inflation
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Unemployment rate at 20.6 pct in Jan, inactive population rises
EconomyMacroeconomy35-44 (-1.1 pp). Broken down on a regional basis, Epirus and West Macedonia continue to have... of 21.2 percent, rising against the figure for Q3 of 20.2 percent. This took the total for 2017 to 21.5
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No bounce for Tsipras in poll as cracks appear in centre-left
PoliticsGreek Politicsis 14.1 points ahead of SYRIZA on 22.6 percent. The difference between the two parties is 1.1 percentage point greater last month and New Democracy scores its highest rating since Kyriakos Mitsotakis took
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IMF raises growth forecast for 2019, lowers sharply medium-term expectations
EconomyMacroeconomyApril, and 1.2 percent in 2019, from 1.1 percent previously. In the medium term, CPI is seen rising.... In the first five years following the incidents, GDP grew by an average of 14 percent. Overall, it took
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Greek tourism building strength but needs to diversify, PWC study finds
EconomyFeaturesof 1.1 billion euros. Currently, there are 14 greenfield private sector projects which are focused..., 18 major hotel sales took place, mainly as divestments of non-core assets by the four systemic
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