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  1. IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    by 2 pct in 2024, the same estimate as in October’s WEO. Next year’s growth is also broadly... commitment of primary surpluses above 2 pct of GDP. The primary balance is seen at 2.1 pct of GDP

    52%
  2. Industry boosts economic sentiment, consumer confidence at lowest in almost 2 yrs
    Photo by MacroPolis

    EconomyMacroeconomy

    in the previous month. The EEI is up roughly 2 points in the rolling 12-month period. Industry confidence... points previously. The index is currently up by roughly 2 points on a rolling 12-month basis.

    52%
  3. CPI moderates to 2 pct in Apr, rents continue to climb with 10.8 pct YoY rise
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) has stabilised in the recent months, with a rise of 2 percent year-on-year (YoY) in April, from 2.4 percent in the previous month, according to the data released... inflation rose by 2 percent, after a sharp increase in March with a 2.2 percent YoY, though dropping

    52%
  4. Greece's open floodgates
    Photo by Panayiotis Tzamaros/Fosphotos

    Agora

    in Mandra, about 100 millimetres of rain fell in about two hours which has been described as around 20... in by a type of Mediterranean storm known as a “medicane” that develops during this time of year... Karameros (SYRIZA) appeared on a TV panel show on Saturday wearing a fluorescent jacket of the type

    51%
  5. Our most popular stories in 2014

    Agora

    . The evolution of houses by type showed that the annual growth rate of detached houses eased by 0.2 percent in 2008-2012, apartments grew by 1 percent, while other type posted a double-digit annual growth..., whilst the respective rate for inhabited houses larger than 100 sqm posted an annual drop of 3.6

    50%
  6. The refugee crisis and the beast within
    Photo via Human Rights Watch https://www.hrw.org/

    Agora

    place in other European countries but this type of symbolism has been largely alien to Greece until now. Prime Minister Alexis Tsipras described it as a Ku Klux Klan-type action, intentionally... psychological connection. It is less than 100 years ago that Greeks from Asia Minor packed onto boats

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  7. Credit contraction slows to 2 pct in Dec on net loan additions of 210 mln

    EconomyMacroeconomy

    Greek bank credit contraction slowed to 2 percent in December from 2.2 percent in November, Bank of Greece (BoG) data showed on Friday. The net lending flow turned positive for the first time since June 2015 with net loan additions of 210 million euros in December from deductions of 458 million

    50%
  8. Marginal net losses of 2 mln for Alpha in Q1
    Photo by MacroPolis

    EconomyBanking

    of 22.8 billion, the majority (15.3 billion) relates to loans, 3.5 billion to pillar II bonds, 2

    50%
  9. PMI improves by 2 pts in June to rise above 50-pt mark on higher production, employment

    EconomyMacroeconomy

    Greece’s Manufacturing PMI rose by 2 points to 50.4 in June from 48.4 in May, Markit’s monthly survey showed on Friday. The headline figure for June represents an expansion, albeit marginal, for the first time since last December. It is the highest headline reading since May 2014. The rise

    50%
  10. Credit contraction stays stable at 2 pct in June, net additions for first time this year

    EconomyMacroeconomy

    Greek bank credit contraction remained stable at 2 percent in June, Bank of Greece (BoG) figures showed on Wednesday. The lending flow turned positive for the first time in 2016 with net additions of 479 million euros in June from deductions of 357 million in May. June additions almost fully

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