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Newsletter 164 -08/06/2018
billion. Expenditure declined by 244 million euros (1 percent) and came to 23.81 billion euros
6% -
CPI up by 0.6 pct in May, second positive reading the year
EconomyMacroeconomydeclines were noted in clothing and footwear (-1.1 percent), recreation and culture (-1 percent
6% -
Building permits fall by 2.3 pct in March, absolute permits rise above 1,000
EconomyMacroeconomyas a whole, the decline in property prices came to an average drop of 1 percent, improving against
6% -
Travel balance down by 29 pct in April as receipts slump
EconomyMacroeconomyGreece’s travel balance fell by 29 percent year-on-year (YoY) in April, dropping into negative territory after March’s growth of 48.30 percent, Bank of Greece (BoG) data revealed on Thursday. Receipts came to 489.9 million euros for the month, edging up by 1 percent to 489.9 million. Travel
6% -
Credit contraction unchanged at 1.9 pct in May, balance at 179.34 bln
EconomyMacroeconomya negative figure of 1 billion euros in the previous month, while the household lending sector’s
6% -
No bounce for Tsipras in poll as cracks appear in centre-left
PoliticsGreek Politicspercent on the remaining five Aegean islands, which was due to be abolished on July 1, to remain
6% -
Piraeus enters agreement for sale of 2.2 bln loan portfolio
EconomyBanking. The consideration of the transaction equals 5 percent of the 1 billion outstanding principal amount
6% -
Improving trends in property market highlighted by central bank
EconomyBankingin 2017. For all of 2017, the price fall came to 1 percent, compared to 2.4 percent in 2016
6% -
General govt primary cash surplus at 1.65 bln in May on slower expenditure decline
EconomyMacroeconomyat 2.85 billion, representing less than 1 percent of the total. Guarantees The stock of gg guarantees
6% -
Draghi sets out QE obstacles facing Greece
EconomyProgrammeas collateral, they will be forced to borrow via the more expensive (by around 1 percentage point
6%