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Newsletter 74 - 20/05/2016
, the index of apartment prices slipped to a new record low of 59.7. Flat prices have been falling for 28
4% -
Current account deficit more than halves to 708 mln in March
EconomyMacroeconomyand ships, exports remained almost flat, while the corresponding imports dropped by 1.4 percent
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Travel receipts rebound 8.2 pct in March, but surplus drops 3.6 pct
EconomyMacroeconomyalmost flat (-0.1 percent) at 515.4 million, while the corresponding payments eased 2.6 percent
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Central government debt edges down to 321 bln in Q1
EconomyInvestment Bank (EIB), stayed flat at 7.41, while Bank of Greece holds loans of 3.79 billion, unchanged
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Net profit of 87 mln for NBG in Q1
EconomyBankingstayed almost flat at 74.5 percent remaining the highest among its domestic peers. In Greece
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Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
EconomyMacroeconomyforecasting a recession of 0.9 percent, while S&P expects essentially flat growth for 2016.
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General gov't primary cash surplus for Jan-Apr quadrupled to 2.6 bln, arrears stable at 6.7 bln
EconomyMacroeconomy, largely related to payments to the IMF. The other debt components remained almost flat in April
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General government primary cash surplus widens to 2.5 bln by May, arrears resume upward trend
EconomyMacroeconomy(including tax refund arrears) resumed an upward trend in May after staying almost flat in April
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S&P affirms Greece’s rating with stable outlook
Economyits previous estimate for flat growth, weighed by “additional fiscal drag, blocked banking system
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Newsletter 85 - 05/08/2016
revenues remained relatively flat. That the Greek justice system has failed to see all this after so
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