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  1. Newsletter 109 - 03/03/2017

    Newsletters

    indicates the first negative reading since last August. The corresponding volume also fell by 1 percent

    2%
  2. Round of talks nearing end with limited progress, serious doubts about March 20 goal
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    and pensions worth 1 percent of GDP each, while the government wants lower savings of around 0.75 percent

    2%
  3. Athens sees faster pace of progress in review talks but no final deal yet
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    demanded interventions in the tax and pension system yielding savings of 1 percent of GDP each via

    2%
  4. Piraeus Bank appoints new CEO, ending a long period of uncertainty
    Photo by MacroPolis

    EconomyBanking

    chairman on November 1, 2016. Following the appointment of the CEO, Handjinicolaou noted

    2%
  5. Turnover in tourism sector sees second successive rise in Q4 with 4.3 pct increase
    Photo by MacroPolis

    EconomyMacroeconomy

    in 2017, Andreadis noted. In addition, travel receipts are projected to increase by at least 1 billion

    2%
  6. Tsipras invokes political solution to resolve labour reform stand-off
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    to pre-legislate a reduction of the tax-free threshold worth 1 percent of GDP and the same, or nearly

    2%
  7. Multiple potential benefits await Greece if it can clinch QE eligibility
    Photo by ECB via Flickr https://flic.kr/p/qhZVDy

    EconomyFeatures

    and issuer limits of 33 percent each and the 1 to 30-year range of residual maturity applied

    2%
  8. Wages index edges up 0.2 pct in Q4, drops 2.5 pct from previous quarter
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The seasonally adjusted (SA) Wages Index increased for the fifth straight quarter in Q4 2016, albeit only by 0.2 percent year on year (YoY) after rising by 1 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Monday. The wages index captures the employees’ gross earnings

    2%
  9. Budget primary surplus of 2.1 bln in 2-month on large underspend in Feb
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    year. The 2-month figure amounted to 1.7 billion, down 1 percent from last year and 30 million

    2%
  10. Slow progress on fiscal, impasse on labour keep review deal on hold
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    than the reduction of the tax-free threshold, each of which are currently slated to yield 1 percent

    2%