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  1. Disposable income rises slightly in Q4 for first time since Q3 2014
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    falling by 1.8 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) data showed... that the employees’ total remuneration eased by 0.3 percent in Q4, after rising in the previous four quarters... by 17.7 percent in the previous quarter and reached 2.55 billion. In addition, social security

    3%
  2. PMI up to 48.2 in April as new orders fall again, but outlook for year remains positive
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    straight month, albeit at a slower pace from the previous month, largely amid deterioration in demand from... was softer than that recorded in the previous month. Meanwhile, staffing numbers were also reduced.... However, selling prices also stayed stable compared to the previous month. In addition

    3%
  3. Details of technical agreement between Greece and lenders set out in draft sMoU
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    evening. The 53-page document dated May 2 is broadly similar to a previous draft of April 23 that we..., subject to the condition of the previous package involve a reduction in the personal income tax rates... are almost identical to those included in the previous draft of April 23 and include several interventions

    3%
  4. CPI increases by 1.6 pct in April
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The latest.... Compared to the previous month, the CPI edged up 0.6 percent mostly due to a sharp rise... goods’ and services’ groups showed minor changes in their prices from the previous month. Following

    3%
  5. Stocks up by 4.7 pct, rising for third straight week
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    to the previous week, 22 of the 25 FTSE/ASE Large Cap Index constituents ended higher. In contrast, the three... million in the previous week. Market news The flow of foreign investors turned positive in April, with inflows of 12 million euros following outflows of 37 million in the previous month. Overall

    3%
  6. Budget primary surplus hits 1.74 bln in 4-month, beating target on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 1.07 billion in March, largely due to primary expenditure returning to the level of previous months.... Revenues Gross revenues fell by 6.3 percent in April, after rising by 2.9 percent in the previous month... performance in April compared to the previous month as well as the respective 2016 figures. Revenues

    3%
  7. Finance Ministry ups 2017 budget primary surplus estimates on higher revenue projections
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the previous figure of 3.79 billion euros included in the 2017 budget that was tabled on November... government bodies, which are now estimated at 193 million euros from a previous figure of zero.... The Finance Ministry also upped its previous projection for the 2017 nominal GDP by 387 million euros

    3%
  8. Budget primary surplus of 1.73 bln outperforms target, tax revenues fall short in April
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of previous months after a short-lived hike in March. The budget balance posted a deficit of 1.14... in the previous month and stood at 3.15 billion, 146 million short of target. This is the first monthly... indirect tax arrears by 192 million. The comparison with the previous year shows that income tax grew

    3%
  9. NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
    Photo by MacroPolis

    EconomyBanking

    ) of 2017, compared to 73 million in the previous quarter. This largely reflects the elimination... to 270 million, declining by 5.9 percent from the previous year and reflecting the implementation... percent in Q1 from 53 percent in the previous quarter and 56 percent a year ago. Impairment losses

    3%
  10. Deposit interest rates largely unchanged in April, average loan rate increases
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    a nosedive of 98 bps in the previous month, while the consumer loan rate without a fixed maturity... decrease of 39 bps in the previous two months which led to a new record-low of 4.47 percent in March... in the previous two months.

    3%