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  1. Newsletter 97 - 25/11/2016

    Newsletters

    percent to reach 2.23 billion, while the travel surplus edged up 1 percent to 2.04 billion. The rise... 16 million. The bank recorded a negative NPE formation for the second successive quarter, of 1... (NPL) and NPE stock by almost 40 and 50 percent, respectively. Net interest income (NII) edged up by 1

    8%

  2. The key elements of the draft agreement between Greece and lenders
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    to be voted in the Parliament. Those measures, which are not quantified in the document, include: 1... May 12 and October 31 have to be recalculated and processed by the end of February 2017. Financial... the use of the attrition rule starting from 1:5 in 2016 to 1:4 in 2017 and 1:3 in 2018.

    8%

  3. Newsletter 218 -06/09/2019

    Newsletters

    and operate a casino on the site. He also pledged to invest more than 1 billion euros. On the back... prices increased by 1.7 percent in 2018, compared to an average price contraction of 1 percent... to a downward revised decrease of 1 percent in 2017. Properties up to five years old saw price increases

    8%

  4. Hotel owners sound warning over Thomas Cook revenue losses
    Photo by MacroPolis

    EconomyFeatures

    in Greece, 1,193, or 12 percent, were partnered with Thomas Cook. Out of the partnered hotels, 48 percent were 1, 2 or 3 star establishments, 32 percent were 4 start and 21 percent were 5 star. The lower.... Specifically, the amount of turnover generated via Thomas Cook for 1, 2 and 3 star hotels came

    8%

  5. Newsletter 224 -25/10/2019

    Newsletters

    a major departure from what has gone before, will apply for anyone paying contributions after January 1.... The number of deputies that could be elected in this manner will be increased from 12 to 15 and parties..., in 2018 Greece ran a total surplus of 1.8 billion euros, or 1 percent of GDP. This is the third

    8%

  6. Piraeus Bank posts pre-tax losses of 215 mln in H1
    Photo by MacroPolis

    EconomyBanking

    ) in H1 came to 727 million, up by 1 percent YoY, mainly on the back of improving funding costs... of 3 percent YoY and 12 percent QoQ. The main contributors were new loan generation, as well... million euros. In Q2, operating expenses came to 255 million, down by 14 percent YoY and 1 percent

    8%

  7. Greek fiscal deficits and debt since 2000
    Photo by MacroPolis

    Agora

    the third macro-economic adjustment program in August 2018. Our concluding monthly Blog 12 in 2021 explores.... There are other operations (Table 1 below) that can change the stock of debt without affecting... overall debt and, beyond debt, the state’s net worth.[1] Data in the general government bulletin

    8%

  8. Greek primary surplus at 400 mln to Oct but arrears keep piling up

    EconomyMacroeconomy

    (12 percent). The sectors exhibiting the highest year to date reduction are those of social... target of 6.6 billion for 2013 (also included in the 2014 budget) lower than the initially projected 8

    8%

  9. State arrears to Nov fell to 5.86 bln but 1.96 bln of new debts created in 2013

    EconomyMacroeconomy

    , followed by state hospitals at 958 million (16 percent) and local authorities at 683 million (12 percent... arrears’ payment target of 8 billion to 6.6 billion for 2013.

    8%

  10. Sales season pushes November retail volume to growth for the first time since March 2010

    Economy

    and social benefits. The latest figures show an 8 percent drop in gross household income in the third quarter of 2013 following a 7 – 12 percent decline in the preceding six quarters, according to ELSTAT

    8%