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  1. Gov't adopts patchwork of measures to overcome liquidity problems

    EconomyProgramme

    euros in the March-June period. Excluding this month’s 2.2 billion, Greece has to cover 4.35 billion... billion euros relate to the central government, 2.2 billion to local government and 3.38 billion

    4%
  2. National Bank posts net loss of 1.1 bln in Q4
    Photo by MacroPolis

    EconomyBanking

    contracted by 3 percent QoQ to 64.9 billion. The 2.2 billion QoQ drop in Q4 in entirely due to its Greek...) ratio fell by 2.2 pps QoQ to 13.6 percent in Q4 from 15.8 percent in Q3, primarily reflecting

    4%
  3. Commission slashes 2015 Greek growth forecast to 0.5 pct, sees debt rising
    Photo by MacroPolis

    Economy

    to 2.4 percent from 2.2 percent before. The Commission notes that the drop in oil prices... balance is now expected to post a deficit of 2.1 percent in 2015 and 2.2 percent in 2016 versus a surplus

    4%
  4. Rare rebound for retail trade with 2.5 pct rise in May
    Photo by MacroPolis

    EconomyMacroeconomy

    by automotive fuel (+2.3 percent), department stores (+2.2 percent) and retail sale not in stores (+1.6..., also displayed positive trends. In particular, retail trade rose by 2.2 percent year on year (YoY

    4%
  5. The pension and revenue interventions Greece has to make to meet its 2016 fiscal target
    Photo via Greek Finance Ministry

    EconomyProgramme

    to plug a gap of 600 million euros on the pension front and collect revenues of 2.2 billion from... stable. On the revenue front, the 2016 budget includes measures of 2.2 billion euros in 2016 to meet

    4%
  6. Travel receipts drop 6.7 pct in Feb, balance turns to deficit of 3.8 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    France rose by a modest 2.2 percent and arrivals from Germany were kept almost stable (+0.1 percent... in receipts from the US (-2.2 percent) and Germany (-1.5 percent), while those from Russia rebounded by 3.1

    4%
  7. During crisis, proportion of Greeks in extreme poverty has risen almost seven times to 15 pct
    Photo by MacroPolis

    Society

    The percentage of Greek citizens living in extreme poverty increased from 2.2 to 15 percent, an almost sevenfold increase, between 2009 and 2015, a new study that digs deeper into poverty statistics... living in Athens and paying rent or a mortgage. While no more than 2.2 percent of the population lived

    4%
  8. CPI falls at slightly higher pace of 1 pct in September

    EconomyMacroeconomy

    ). In contrast, the biggest rises in September prices were recorded in clothing and footwear (+2.2 percent... (+5 percent) and solid fuels (+2.2 percent). Compared to the previous month, CPI in September

    4%
  9. Industrial production edges up 0.1 pct in September
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in manufacturing production by 2.2 percent, which holds the lion’s share of the total index with 70.... Production in consumer non-durables and energy decreased by 4 and 2.2 percent respectively

    4%
  10. Government seeks to appease banks over ADMIE privatisation

    EconomyMacroeconomy

    that they had granted, along with Attica Bank, a medium-term syndicated bond loan of 2.2 billion euros...’) existing contractual rights” deriving from the 2.2 billion syndicated loan since “through

    4%