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  1. Piraeus Bank posts minor losses in Q4, almost breaking even for 2016
    Photo by MacroPolis

    EconomyBanking

    . For 2017, management foresees a further drop in operating expenses by around 5 percent, also including

    2%

  2. General govt primary cash surplus falls to 2.6 bln in 2-month, arrears up for second month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 919 million to 11.15 billion, mostly on the back of a drop in social benefits by 470 million to 5.88

    2%

  3. Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017

    Agora

    of sharp drop in impairment losses, cost containment, modest net interest income (NII) growth

    2%

  4. Athens details fiscal counter-measures, a vital selling point for Tsipras
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    drop to 3 percent (from 5 percent). For the bracket including taxpayers with income between 30,000

    2%

  5. Building activity increases for second straight month after 11.1 pct rise in Jan
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    ) of 2016 and by 2.2 percent in 2016. They have posted a cumulative drop of 41.7 percent from

    2%

  6. IMF downgrades Greek GDP and unemployment forecasts
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    . For 2018, the IMF expects the jobless rate to drop to 21 percent. However, the decline by 0.9 percentage

    2%

  7. Travel receipts fall by another 3.1 pct in Feb on lower spending
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    from just 6.3 million a year ago. The decline in revenues is attributed to a drop in the average

    2%

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

    EconomyMacroeconomy

    and reflects a slight drop in compensation of employees counterbalance by a decrease in taxes and social

    2%

  9. Deposit flow turned positive in March, with inflows of 278 million
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    at a slower pace of 395 million in March after a drop of 638 million in February and stood at 138.41 billion

    2%

  10. Newsletter 117 - 05/05/2017

    Newsletters

    drop in new orders, a further decrease in output and a reduction in staffing numbers, coupled

    2%