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PM convenes emergency meeting to work out tariff response strategy
PoliticsGreek Politicscontinued to decline last year, falling by 2.2 pct after a decline of 8.5 pct in 2023. This further fall... of Greece estimated that a 10 pct tariffs on EU goods, rather than the 20 pct imposed by Trump, would... estimated that a blanket US tariff of 25 pct on European imports would lower euro zone growth by 0.3
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A breakdown of the funding needs involved in Greece's third bailout
EconomyProgrammeare forecast at 2.5 billion euros for the three-year period, higher than the IMF’s estimate of 1.5 billion... billion, which is its official estimate for the net financing gap. Other funding sources could involve... a primary surplus of 3.5 percent of GDP by 2018, the commission estimates that the primary balance
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Direct taxes jump by 46 pct to help Sept. revenues beat target for third month in row
Economysignificantly boosted by cumulative Public Investment Budget (PIB) revenues of 2.2 billion. Nevertheless, a Jan.... According to the 2014 draft budget tabled in Parliament on October 7, Greece estimates a small gg
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Greece enters second year of deflation as CPI falls 1.3 pct in March
EconomyMacroeconomyand hotels, cafes and restaurants showed a decrease in prices ranging from 2.2 to 2.7 percent. The latter... years. The latest estimates by the Finance Ministry, the European Commission and the IMF point
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Imports soar by 7 pct in March as exports rise for first time since Sept
Economy, the 12-month trailing index points to a 3.3 and 2.2 percent drop in imports and exports respectively...Greece’s imports rose by 7 percent to 3.97 billion in March, a much faster pace than February’s increase of 2.3 percent, according to the flash estimates released by Hellenic Statistical Authority
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Greece's C/A deficit for March drops sharply to 44.4 mln
EconomyMacroeconomymarginally improving from 2.4 percent of GDP in 2013 to 2.3 percent in 2014 and 2.2 percent in 2015.... decades. In its latest World Economic Outlook, the IMF estimates that the C/A balance will remain
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Eurobank reports loss of 186.6 mln in Q3
EconomyBankinggrew by 0.8 percent QoQ decelerating from the 2.2 percent posted in the previous quarter. This quarter... and housing loans. The management estimates zero deleveraging in Q4 and positive credit growth
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Greek deflation shoots up to 1.7 pct in October
EconomyMacroeconomyand services (-2.2 percent). In addition, prices in three categories, namely transport (-0.5 percent... made by the Greek government and the troika. Thus, despite initial estimates, 2014 will be a year
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Drop in Greek CPI decelerates again to 2.1 pct in March
EconomyMacroeconomyThe drop in the Greek consumer price index (CPI) decelerated for the second straight month to 2.1 percent in March from 2.2 percent in February, according to the Hellenic Statistical Authority... on April 1, the government estimates 2015 will be another deflationary year with HICP seen at -0.5
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Alpha Bank reports lower losses of 115.8 mln in Q1 2015
EconomyBankingdeposit outflows of 6.6 billion and lower interbank funding by 2.2 billion. The bank disclosed... instruments under Alpha’s custody. The management estimates that one-third of those deposits that have
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