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  1. Commission keeps outlook on Greece stable, sees growth picking up this year
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    Economy

    on quarter (QoQ) in the third quarter of 2017, which takes the growth of the first nine months of 2017 to 1.1... pushed inflation up to 1.1 percent in 2017. Headline inflation is expected to decrease to 0.8 percent

    4%

  2. CPI declines by 0.2 pct in March for year’s second negative reading
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in March, declining from 0.4 percent in February. The annual average HICP for 2017 was positive by 1.1... as prices return to pre-seasonal sales levels. This was followed by household equipment (+1.1 percent

    4%

  3. Banks meet NPE targets in Q1 but mortgage reductions remain slow

    EconomyMacroeconomy

    and representing a reduction of 1.8 percent or 1.1 billion compared to December 2017. The NPE ratio stood... volume of NPLs was reduced by 1.1 billion QoQ. During the quarter, corporate NPLs came to 35 billion

    4%

  4. The race to reduce Greece's bad loans

    EconomyBanking

    on target for the quarter and representing a reduction of 1.8 percent or 1.1 billion compared to December 2017. The total volume of NPLs was reduced by 1.1 billion QoQ. During the quarter, corporate

    4%

  5. Travel balance down by 29 pct in April as receipts slump
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to roughly 1.1 million. The average expenditure per trip also fell by 7.3 percent to 418.30 euros... to 891,100. Arrivals from outside the EU rose by 7.3 percent to 1.1 million. The aggregate breakdown

    4%

  6. Piraeus enters agreement for sale of 2.2 bln loan portfolio
    Image via www.piraeusbankgroup.com

    EconomyBanking

    billion, landing exactly on target for the quarter and representing a reduction of 1.8 percent or 1.1 billion compared to December 2017. The total volume of NPLs was reduced by 1.1 billion QoQ. During

    4%

  7. Retail index jumps 5.3 pct in May led by fuel and supermarket sale
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    goods (-1.1 percent) The annual volume rise was led by a 7.6 percent increase in supermarkets... percent. The seasonally adjusted (SA) retail sales index in May rose by 1.1 percent month-on-month to 74.2

    4%

  8. Travel balance increases by 16 pct in June and 19.5 pct in first half of year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 1.6 million, while non-European visitors fell by 5.7 percent to 1.1 million. The aggregate... in the first six months of the year to 1.1 million. Arrivals from Russia fell by 18.7 percent, and US visitors

    4%

  9. Draft budget contains two scenarios on pensions, charts course within agreed fiscal targets
    Photo by MacroPolis

    EconomyMacroeconomy

    in the MTFS assumptions. Private consumption is expected to grow by 1.1 percent, from 1 percent... of the alternative scenario is 1.1 billion euros: 335 million from scraping pension cuts and countermeasures

    4%

  10. In updated forecasts, IMF sees Greece meeting fiscal targets and debt falling
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    of Greece achieving overall balances to three years, after a total surplus of 0.7 percent in 2016 and 1.1... last October, when it expected a total deficit of -1.7 percent of GDP for 2017, a deficit of -1.1

    4%