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Wages index edges up 0.2 pct in Q4, drops 2.5 pct from previous quarter
EconomyMacroeconomyThe seasonally adjusted (SA) Wages Index increased for the fifth straight quarter in Q4 2016, albeit only by 0.2 percent year on year (YoY) after rising by 1 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Monday. The wages index captures the employees’ gross earnings
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As Athens awaits news from Brussels, New Democracy mends fences
PoliticsGreek Politicsconvergence on the pension issue, with a possible agreement for the 1 percent of GDP reduction in spending
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Travel receipts drop 2.4 pct in Jan following lower foreign arrivals
EconomyMacroeconomyto 26 million in 2017. Travel receipts are projected to increase by at least 1 billion euros
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What Dijsselbloem didn't say
Agora, the euro area’s overall current account “stayed moderately positive,” never exceeding 1 percent
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Eurobank posts net profits of 38 mln in Q4 and 230 mln in 2016
EconomyBanking) figures published earlier this week. The phased-in Common Equity Tier 1 (CET1) ratio rose by 20 basis
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No return of institutions to Athens yet as differences persist
EconomyProgrammesavings of 1 percent of GDP to apply as of 2019, while the government aims for this to be delayed by one
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Retail sales rebound 1.4 pct in Jan after brief fall in Dec
EconomyMacroeconomy, the corresponding volume edged down by 0.1 percent in January following a decline of 1 percent in December
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Differences over pension cuts stand in way of technical agreement
PoliticsGreek Politicsgovernment’s decision last week to propose new methods for reducing pensions spending by 1 percent
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PMI falls to 46.7 in Mar on drop in new orders but outlook positive for next months
EconomyMacroeconomyGreece’s Manufacturing PMI fell by 1 point to 46.7 in March, almost offsetting the rise of 1.1 points recorded in the previous month, Markit survey showed on Monday. The March headline figure represents the seventh straight reading below the 50-point mark. The deterioration is largely attributed
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Squeezed at home, ministers return to Brussels to look for deal with lenders
PoliticsGreek Politicsin the talks appears to have been created when Tsipras objected to plans for pensions to be cut by 1 percent
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