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  1. Greece remains in inflation for second straight month after CPI rises 1.3 pct in Feb
    Photo by Natasha Pantazopoulo/Fosphotos

    EconomyMacroeconomy

    (-6.7 percent), health (-2.7 percent) and household equipment (-2.2 percent). Specifically, prices.... The OECD and European Commission have adopted a higher projection expecting it to rise by 1.1 and 1.3

    6%

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

    EconomyMacroeconomy

    by 1.1 percent, while volume declined by 12.4 percent. The geographical breakdown revealed the most...) of 2016 and by 2.2 percent in 2016. They have posted a cumulative drop of 41.7 percent from

    6%

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

    EconomyMacroeconomy

    to grow at a slower pace of 2.2 percent in 2017 compared to its initial forecast of 2.8 percent... impact from the delay in the conclusion of the second programme review. GDP contracted 1.1 percent

    6%

  4. CPI increases by 1.6 pct in April
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent), health (-2.8 percent) and miscellaneous goods and services (-2.2 percent). Prices... are projecting a higher growth of 1.1 and 1.3 percent respectively this year. In addition, the IMF is also

    6%

  5. IMF sees eurozone debt relief pledges failing to deliver sustainability
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    . The primary balance is seen at 1.7 and 2.2 percent of GDP this year and next, reaching 3.5 percent... 1.1 percent of last year’s GDP. The Fund argues this a realistic projection given Greece’s track

    6%

  6. Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter
    Photo by MacroPolis

    EconomyBanking

    successive quarter by 1.1 billion QoQ and landed at 23 billion. As a result, the NPL ratio fell..., the cost of risk stood at 2.2 percent, at the high end of management expectations. Balance Sheet

    6%

  7. Coalition banks on surplus transfers, waits for Hellenikon verdict
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    reaching 2.2 percent of GDP, against a target of 1.75 percent. This would allow the government to redistribute roughly 1.1 billion euros. Around 800 million euros will be directed towards vulnerable

    6%

  8. IMF still sees fiscal gap in 2018 - no action needed, for now
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    this year and -1.1 percent of GDP in 2018, reaching a remarkable overall surplus of 0.2 percent of GDP in 2019. The primary balance is seen landing at 1.7 percent of GDP this year and 2.2 percent in 2018

    6%

  9. PM hopes to avoid stumbling blocks amid numerous outstanding review actions
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    a figure of 2.2 percent of GDP, while the eurozone expects 3.5 percent, which is the programme... that Athens will not contribute any more than 1.1 billion euros and that this will be spread over 10

    6%

  10. Debt relief-for-reforms option being discussed for post-programme era
    Photo by Panyiotis Tzamaros/Fosphotos

    EconomyProgramme

    of the year. He said that the primary surplus would exceed even the 2.2 percent of GDP recorded in the draft 2018 budget and would allow the government to hand out at least 1.1 billion euros

    6%