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  1. EC lowers growth forecasts, sees fiscal targets within reach
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyMacroeconomy

    compared to the imports’ growth (3 percent). For 2018, the EC also lowered its GDP growth forecast... respectively, taking into consideration the fiscal package worth 3 percent of GDP voted in May 2016

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  2. The SEKAP case and extrajudicial debt restructuring
    Photo by Panayotis Tzamaros/Fosphotos

    Legal

    The law (N. 4469/2017) recently adopted by Greek Parliament, which was published on May 3 and introduces the opportunity of extrajudicial debt restructuring for natural and legal persons under... remembering that according to article 108 par. 3 of the Treaty for the Functioning of the European

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  3. Debt deal eludes Greece and lenders, June 15 set as final deadline
    Photo via Fosphotos

    PoliticsGreek Politics

    million euros on July 3, 2.17 billion on July 17 and 4.03 billion to the European Central Bank on July 20... that, Greece would have to comply with the Stability and Growth Pact, which sets the fiscal limit at a 3

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  4. Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
    Photo by MacroPolis

    EconomyBanking

    in revenues by 3 percent. Asset quality Non-performing exposure (NPE) formation turned positive...) contracted by 3 percent QoQ to 440 million, as the positive impact from lower funding cost

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  5. Coalition turns to growth plan for relief from negativity, poor poll numbers
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to exceed 2 percent of GDP this year and to reach around 3 percent or more next year, which is above... partner, Independent Greeks (ANEL) short of the 3 percent threshold for entering Parliament. ANEL

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  6. EC recommends symbolic closure of deficit procedure as Athens mulls bond issue
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    percent in 2009 to a surplus of 0.7 percent in 2016,” it added, noting that this is well below the 3... is not projected to have a deficit greater than 3 percent of GDP for many years to come, meaning the EDP

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  7. Greece announces return to markets with 5-year bond, mostly targeting swap
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    as the total offers reached 3 billion, while the coupon stood at the high end of initial estimates. It is worth noting that the April 2014 issue of 3 billion later increased to 4.03 billion due to bond

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  8. Could reforms have prevented Greece's economic collapse?
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    in Chapter 3 of the IMF’s April 2016 World Economic Outlook (WEO) and from an internal research paper... that reforms generate GDP gains that average 3 percent over an eight-year period after which

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  9. Rating agencies concur in improved prospects for Greece
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    on Greece’s fiscal prospects is enhanced by the measures yielding 3 percent of GDP that, across... is for 2.8 to 3 percent of GDP average. Debt The general view on debt sustainability is improved. The three

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  10. China’s Footprint in Southeast Europe: Constructing the "Balkan Silk Road"
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    it does not feature in the top ten of Bosnia’s export destinations. [3] Lending flows from China...://trade.ec.europa.eu/doclib/docs/2008/august/tradoc_140028.pdf. [3] See European Commission

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