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  1. Newsletter 107 - 17/02/2017

    Newsletters

    up by 0.3 percent year-on-year (YoY) in Q4, significantly decelerating from the upward revised 2.2

    3%
  2. Fitch keeps Greece’s rating at ‘CCC’
    Photo by Panayiotos Tzamaros

    Economy

    in 2017 (from 1.8 percent before) and of 3 percent in 2018 (from 2.2 percent previously

    3%
  3. BoG reveals figures for repatriation and banknotes returning to banking system
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    (outside the Greek banking system) was higher at 4.8 billion, split between 2.2 billion in the second

    3%
  4. Retail sales down by 1.3 pct in Dec for first drop since Aug
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index fell by 1.3 percent in December after upward revised growth of 2.2 percent in November, Hellenic Statistical Agency (ELSTAT) data showed on Tuesday. The December headline figure indicates the first negative reading since August. The corresponding volume

    3%
  5. Tormenting Greece with a distorted picture
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    for the last six months and economic sentiment fell by 2.2 percent in February. Greece will never

    3%
  6. Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    displayed exports of goods declined by 5 percent QoQ and 2.2 percent YoY, while services’ exports

    3%
  7. 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

    3%
  8. Stocks edge down 0.6 pct as review talks continue
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    by 2.2 percent on Monday and then diving by 7.4 percent in the next two sessions. Overall, the banking

    3%
  9. Greek households spend greatest share of income on accommodation in EU
    Photo by Harry van Versendaal

    Society

    ”. It also highlights that in the 2011 Eurostat census, “Greece had more than 2.2 million unoccupied

    3%
  10. Economic sentiment edges up in March, consumer confidence deteriorates for third straight month
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) improved by 0.5 points in March following a drop by 2.2 points in the previous month, European Commission (EC) figures revealed on Thursday. The ESI stood at 93.4 in March, down by 1.7 points year to date. Consumer confidence fell for the third straight month

    3%