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Newsletter 107 - 17/02/2017
write-offs in the course of 2016, reaching a record high of 2.54 billion, up by more than 1 billion
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Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
EconomyMacroeconomyat 6.54 billion in December from 6.53 billion in November, while rose by around 1 billion from
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Tsipras faces heavy lifting to finalise deal and get party approval
PoliticsGreek PoliticsJanuary 1, 2019. The relief measures pursued by the Greek side will only be implemented if the primary
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Effort begins to secure SYRIZA support for deal with institutions
PoliticsGreek Politicsapply from January 1, 2019. He, intentionally perhaps, avoided mentioning that the implementation
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Unemployment rate stable for third month at 23.1 pct in Dec
EconomyMacroeconomy, the unemployment rate has decreased 1 percentage point (pp) attributed to a modest rise in the number
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Stocks dip by 0.2 pct, lack of trading activity continues
Economy. The bank expects the transaction will slightly enhance its third-quarter pro-forma Common Equity Tier 1
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Wages index edges up 0.2 pct in Q4, drops 2.5 pct from previous quarter
EconomyMacroeconomyThe 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
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Budget primary surplus of 2.1 bln in 2-month on large underspend in Feb
EconomyMacroeconomyyear. The 2-month figure amounted to 1.7 billion, down 1 percent from last year and 30 million
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As Athens awaits news from Brussels, New Democracy mends fences
PoliticsGreek Politicsconvergence on the pension issue, with a possible agreement for the 1 percent of GDP reduction in spending
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Fraport reveals airport plans as major privatisation overcomes obstacles
Economy, while its total investment is seen close to 1 billion euros. This includes additional maintenance
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