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Newsletter 80 - 01/07/2016
-performance largely reflects the ongoing strong underspend recently, coupled with revenue outperformance... than the 4 percent fall in March. Retail volume recorded a slower decline of 1.5 percent in April. The fall in April retail turnover largely reflects a double-digit decline in automotive fuel and retail
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Greece draws strong interest, attractive yield by re-opening 10-year bond
Economythat it had issued in June, after a successful syndication earlier in the summer and a strong... points. Despite the revision, demand was strong and brought in higher offers from existing accounts... issue in June had similar allocations, with the UK leading with 27.5 pct and real money holding 80
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Newsletter 97 - 25/11/2016
unchanged: they point to a mild recession of 0.3 percent in 2016 and a strong rebound of 2.7 percent... a fall of 2.6 percent in Q2, BoG data showed. Compared to the previous quarter, apartment prices... in the goods deficit. Apartment prices fall again Apartment prices in Greece fell at a slower pace
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General govt primary cash surplus at 5.34 bln in nine-month, sharp fall in arrears
EconomyMacroeconomyof the figures showed that revenues declined by 1.20 billion to 55.99 billion euros. A 39 percent fall in transfers was the main factor behind the fall, as this category went from 4.86 billion last year... to 55.17 billion. This was driven by a combination of a fall in transfers (-597 million), social
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Newsletter 7 - 12/12/2014
that cumulative collections stand at just 277 million so far. Those banks (six commercial and six... of the presidential vote has two distinct advantages. By holding the ballots on December 17, 23 and 29, rather than
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Stage set for censure motion as Parliament votes to review charges against deputy minister
PoliticsGreek Politicsfor interfering with the scene of the crash. The motion was carried with 277 votes in favour, 12 against... and have a three-day debate on the issue before holding a confidence vote, which the government
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GDP up by 2.3 pct year-on-year in Q1 on strong export growth
EconomyMacroeconomyyear, private consumption fell by 0.4 percent in Q1, easing from the previous quarter’s fall of 0.8.... The aggregate figure for the first three months of the year showed a YoY fall of 17.9 percent in the trade... percent YoY. On an annual basis, the current quarter represents the first fall in imports after six
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PMI rises to 54.7 in March as first quarter comes to strong end
EconomyMacroeconomyover the 50-mark threshold for close to two years. The latest reading marks a strong close... of growth for Greek manufacturers since October 2001. Strong output was a leading contributor to the rise... orders slowed compared to February, but remained strong. This growth was linked to greater advertising
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Buoyed by strong ratings, Mitsotakis opts for caution on Novartis probe
PoliticsGreek Politicsstrong public support. Mitsotakis let it be known via his aides that he has no intention of sending... should take as aggressive a line as possible in holding SYRIZA to account for its time in office
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Labour cost fall has not produced jobs, bemoans GSEE in study
SocietyThe significant fall in labour costs since the onset of the crisis has not led to a corresponding fall in prices and a boost in employment and competitiveness, defying conventional theories..., the report said. The INE maintains that the gains made by companies from the fall in labour costs has
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