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  1. Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth
    Photo by MacroPolis

    EconomyMacroeconomy

    prices fell 2.2 percent in H1, while the respective figure in real terms rose by 1.1 percent... period. Total imports increased at an accelerating pace by 4.6 percent in Q2 from 2.2 percent in Q1

    2%
  2. Greek trade deficit widens by 29.4 pct in July as import rate soars

    EconomyMacroeconomy

    rate stems from a drop in exports by 4 percent and a rise in imports by 2.2 percent. The absolute... the EU and third countries showed a similar trend rising by 2.2 and 2.3 percent respectively.

    2%
  3. Greek Q4 GDP QoQ drop revised to 0.4 pct, 2014 growth at 0.7 pct

    EconomyMacroeconomy

    to 1.7 percent in 2015 and further to 2.2 percent in 2016. Investments Gross fixed capital formation... and resulting in a 2.2 percent rise in the full year figure. Note, though, that over the past six years

    2%
  4. Gov't adopts patchwork of measures to overcome liquidity problems

    EconomyProgramme

    euros in the March-June period. Excluding this month’s 2.2 billion, Greece has to cover 4.35 billion... billion euros relate to the central government, 2.2 billion to local government and 3.38 billion

    2%
  5. National Bank posts net loss of 1.1 bln in Q4
    Photo by MacroPolis

    EconomyBanking

    contracted by 3 percent QoQ to 64.9 billion. The 2.2 billion QoQ drop in Q4 in entirely due to its Greek...) ratio fell by 2.2 pps QoQ to 13.6 percent in Q4 from 15.8 percent in Q3, primarily reflecting

    2%
  6. Commission slashes 2015 Greek growth forecast to 0.5 pct, sees debt rising
    Photo by MacroPolis

    Economy

    to 2.4 percent from 2.2 percent before. The Commission notes that the drop in oil prices... balance is now expected to post a deficit of 2.1 percent in 2015 and 2.2 percent in 2016 versus a surplus

    2%
  7. The pension and revenue interventions Greece has to make to meet its 2016 fiscal target
    Photo via Greek Finance Ministry

    EconomyProgramme

    to plug a gap of 600 million euros on the pension front and collect revenues of 2.2 billion from... stable. On the revenue front, the 2016 budget includes measures of 2.2 billion euros in 2016 to meet

    2%
  8. Greek tourism's long-term growth prospects are good, report shows

    EconomyMacroeconomy

    to grow by 2.2 percent in 2016, with estimated international tourist arrivals at around 25 million. WTTC... visitor spending compared to 38.4 percent for domestic spending. The former is estimated to grow 2.2

    2%
  9. Travel receipts drop 6.7 pct in Feb, balance turns to deficit of 3.8 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    France rose by a modest 2.2 percent and arrivals from Germany were kept almost stable (+0.1 percent... in receipts from the US (-2.2 percent) and Germany (-1.5 percent), while those from Russia rebounded by 3.1

    2%
  10. Asking Greece to stack more austerity measures ignores past failings
    Photo by Harry van Versendaal

    Agora

    billion euros. (Table 2.2). Greece’s programme started going off track early in 2011 when it became... (Table 2.2, in Greek). This meant that in three years, Greece implemented close to 40 billion euros

    2%