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  1. Banks meet NPE reduction targets in Q3, adjust targets for next two years
    Bank of Greece

    EconomyMacroeconomy

    their NPE targets submitted last September to the Single Supervisory Mechanism (SSM) of the ECB by 1.1...) reaching 64.6 billion in 2019. This is around 2.2 billion euros more ambitious than the previous

    6%

  2. Stress test assumptions cause few concerns for Greek banks
    Photo via http://www.eba.europa.eu/

    EconomyBanking

    by 2020 from 19.9 in 2018, prices are projected growing by a steady rate of 0.9 to 1.1 percent... the baseline levels whereas commercial property is also seen falling by 9.2, 6.1 and 2.2 percent

    6%

  3. Banks gear up for stress tests, with results due in May

    EconomyBanking

    growing by a steady rate of 0.9 to 1.1 percent, residential real estate values will drop marginally... is also seen falling by 9.2, 6.1 and 2.2 percent in the 2018 – 2020 period, again 17.4 percent below

    6%

  4. CPI rises by 1 pct in June, staying positive for third month
    Photo by MacroPolis

    EconomyMacroeconomy

    (-1.5 percent), household equipment (-1.1 percent) and recreation and culture (-1 percent). The month... (+2.2 percent) and household equipment (+0.4 percent). A fall of 0.3 percent was noted

    6%

  5. Industrial production grows by 1 pct in May, up by 0.2 pct in first five months of the year
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    index. A decrease of 1.1 percent was noted in the water supply production index During May, positive... offset by decreases of 4.3 percent in the electricity production index, 2.2 percent in the water supply

    6%

  6. IMF raises growth forecast for 2019, lowers sharply medium-term expectations
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    in the last quarter of this year, expecting the Greek economy to grow by 2.2 percent, from 2.7 percent... April, and 1.2 percent in 2019, from 1.1 percent previously. In the medium term, CPI is seen rising

    6%

  7. Industrial production up by 2.3 pct in Feb
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent after a drop of 2.2 percent in January. The annual movement in the index was driven largely... by 1.1 points month-on-month to stand and -2.3. Year-on-year, industry confidence has improved by 1

    6%

  8. Consumer confidence hits 19-year high, ESI highest since 2007
    Photo by MacroPolis

    EconomyMacroeconomy

    . Industry confidence declined by 1.1 points month-on-month to stand at 0.6 points. Year-on-year... confidence has increased by 2.2 points.

    6%

  9. Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts
    Finance Ministry

    EconomyMacroeconomy

    sees the Greek economy growing by 2 percent this year and 2.2 percent in 2020. In the previous WEO... price estimates have been substantially revised since April when they stood at 1.1 percent in 2019

    6%

  10. Retail turnover increases by 4.5 pct in Sept, volume edges up by 5.1 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    rose to 5.1 percent after a revised increase of 2.2 percent in August. The current reading... goods (+9.2 percent). The monthly seasonally adjusted (SA) retail sales index in September rose by 1.1

    6%